Get ready for some big changes in Kogi State! The government is making a bold move to boost its own income and stop relying so much on money from the federal government. They’re planning to make a whopping N1 billion from signage and advertising by 2026. That’s right, Kogi State is about to become a signage powerhouse!
- Ambitious Goal: Kogi aims to generate over N1 billion from signage and ads by 2026.
- Independence Drive: The state wants to reduce reliance on federal allocations.
- Strategic Reforms: New management and approaches are being implemented.
- Investment Push: Kogi is showcasing its economic and tourism potential to attract investors.
Kogi’s Billion Naira Signage Dream: Here’s the Plan!
The Kogi State Government isn’t messing around. They’ve revealed their plan to hit over N1 billion from signage and advertising revenue by 2026. This is a HUGE deal for the state, as it means they can become more self-sufficient and less dependent on those federal handouts.
The Masterstroke Appointment
Hon. Kingsley Femi Fanwo, the State Commissioner for Information and Communications, called the appointment of Mr. Richard Osaseyi as the General Manager of the Kogi State Signage and Advertising Agency a “masterstroke.” Basically, they’re putting the right people in charge to make things happen!
No More Federal Handouts?
Fanwo made it clear: “Kogi has no business depending solely on federal allocations if we are able to harness internal revenue opportunities effectively. Signage and advertisement can generate over a billion naira for the state by 2026.”
How They’ll Make the Magic Happen
So, how exactly will Kogi State pull this off? Here’s the inside scoop:
- Strategic Reforms: The signage agency is undergoing some major changes to improve efficiency.
- Tackling Underpayments: They’re cracking down on big advertisers who aren’t paying their fair share.
- Public Sensitization: They’re working to build trust and cooperation with the public.
Early Signs of Success
According to Mr. Osaseyi, the new approach is already working! They’re seeing positive responses, and the agency is ready to become a major player in boosting the state’s IGR (Internally Generated Revenue).
Project Confluence of Opportunities: Kogi’s Open for Business!
But wait, there’s more! Commissioner Fanwo also launched a Ministerial Committee to promote Project Confluence of Opportunities. This initiative is all about showcasing Kogi’s awesome economic and tourism potential to investors from all over the world.
What Makes Kogi Special?
Fanwo highlighted Kogi’s unique assets: “Kogi is one of the most richly endowed states in Nigeria — geographically, historically, and naturally. From the Confluence of Rivers Niger and Benue to Mount Patti and our rich mineral resources, Kogi has everything to become a top investment and tourism destination.”
The Big Picture: A Self-Sustaining Kogi
All these efforts are part of a grand plan by the Ododo Administration to transform Kogi into a self-sustaining, investor-friendly state. They want to be a shining example of good governance in Nigeria.
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