Ministry of Industry, Trade and Investment, Oke-Mosan, Abeokuta

STAKEHOLDERS VALIDATE OGSEDA DRAFT BILL, SET STAGE FOR ASSEMBLY CONSIDERATION

Stakeholders in the Micro, Small and Medium Enterprises (MSMEs) sector have validated the draft bill seeking to establish the Ogun State Enterprise Development Agency (OGSEDA), clearing the way for its transmission to the Ogun State House of Assembly for legislative consideration and passage into law.

The validation was carried out at a Stakeholders’ Engagement Meeting on the draft bill organised by the Ogun State Government in collaboration with the German Agency for International Cooperation (GIZ) in Abeokuta.

Speaking at the event, Commissioner for Industry, Trade and Investment, Mr. Adebola Sofela, described the validation exercise as a testament to stakeholders’ confidence in the bill-drafting process.

Represented by the Senior Special Assistant to the Governor on Industry, Trade and Investment, Mr. Sunday Oyesanya, the Commissioner said the State Government adopted an inclusive approach that enabled relevant stakeholders to make valuable contributions, resulting in a more comprehensive and responsive bill.

“The validation exercise is aimed at jointly ratifying the various inputs received from our strategic partners and stakeholders as part of the consultative process. This is to ensure that the final legislation passed by the Ogun State House of Assembly is practical, responsive to current realities and capable of driving enterprise development across the State through the agency,” he said.

In his remarks, the Technical Lead, OGSEDA, Dr. Olusegun Dada, said the validation marked a major milestone in the agency’s institutionalisation process.

He disclosed that efforts would now be directed towards securing the smooth passage of the bill into law by July 2026 urging stakeholders to actively participate in the public hearing when the bill is presented to the State House of Assembly.

Earlier, the Component Head of GIZ-SEDIN, Mr. Akinropo Omoware, noted that the validation exercise had placed Ogun State on course to join the league of States with dedicated agencies focused on MSME development.

Also speaking, the Alternate Chair, Employability and Benchmarking Committee and Technical Coordinator, ICSS Centre for Entrepreneurial Studies, Federal University of Agriculture, Abeokuta (FUNAAB), Prof. Iyabode Kehinde, said the proposed law would strengthen MSME development and contribute significantly to poverty reduction.

She urged stakeholders to support the passage of the bill and advised small business owners to position themselves to take advantage of the opportunities the agency would provide, particularly in the areas of market access, funding and enterprise support.

Also, a participant at the meeting, Mrs. Olanike Edun, said the bill was structured to enable the agency operate with the flexibility and efficiency of a private-sector institution while maintaining necessary government oversight.
She added that the legal framework would make it easier for entrepreneurs and small business owners to engage with the agency and access its services.

Similarly, a representative of SMP Business School, Mr. Lateef Oloyede, expressed confidence that the establishment of OGSEDA by law would boost the growth and sustainability of MSMEs by addressing entrepreneurs’ needs and creating a more supportive business environment.

Ogun Celebrates Governor Abiodun’s Milestones as Sinomart Superstore Opens in Ota

The celebration of the 66th birthday of Governor Dapo Abiodun and the seventh anniversary of his inauguration received an added boost today  with the commissioning of the multi-million-dollar Sinomart Superstore at The Palms Shopping Mall, Ota.

Speaking at the ceremony, the Permanent Secretary, Ministry of Industry, Trade and Investment, Engr. Kehinde Akintomide, described the project as another testament to Ogun State’s growing reputation as Nigeria’s preferred investment destination.

Represented by the Director of Investment, Ms. Yemisi Folarin, Engr. Akintomide noted that Sinomart is among more than 12 major industrial and commercial projects commissioned or facilitated within the Sango-Ota industrial corridor in the last five months, attracting cumulative foreign and domestic investments worth several hundreds of billions of naira.

According to the Permanent Secretary, the commissioning further strengthens the Nigeria-China strategic partnership and reflects the increasing confidence of Chinese investors in Ogun State. He highlighted landmark investments such as the Ogun-Guangdong Free Trade Zone which is the first of its kind in West Africa and the numerous Chinese-owned manufacturing companies operating in Agbara and Igbesa, describing China as a key partner in the State’s economic transformation.

Commissioning the facility, the Olota of Ota, Oba (Prof.) Adeyemi Obalanlege, attributed the growing influx of investments into Ota to the hospitality and peaceful disposition of its people. He said the development has continued to create jobs and economic opportunities for residents, adding that the traditional institution remains committed to working with the State Government to sustain a business-friendly environment.

Earlier in his remarks, the Managing Director, Sinomart Superstore, Mr. Sky Chunming Huang, commended the Ogun State Government and the host community for providing an enabling environment for the investment. He stated that the company, through its diverse business operations, has continued to create employment opportunities while supporting local suppliers an

Celebrating 66 Years of Purposeful Leadership and Seven Years of Transformative Governance

Today, we celebrate our amiable Governor, Dapo Abiodun, CON, on the occasion of his 66th birthday and the seventh anniversary of his inauguration as Governor of Ogun State, Nigeria's Industrial Hub.

We salute his visionary leadership and unwavering commitment to the ISEYA Agenda, which has accelerated economic growth, strengthened infrastructure, and further positioned Ogun State as the preferred destination for investors.

As he marks these twin milestones, we wish His Excellency continued good health, greater accomplishments, and many more years of impactful service to Ogun State and humanity.

2026 WORLD BEE DAY: OGSG REAFFIRMS SUPPORT FOR MSME

The Ogun State Government has reiterated its commitment to supporting entrepreneurs and agribusiness players as part of efforts to deepen economic growth and boost the MSME sector in the State.

Speaking at the 2026 World Bee Day Celebration held on Wednesday in Abeokuta, the Commissioner for Industry, Trade and Investment, Mr. Adebola Sofela, represented by the Director of Industrial Promotion in the Ministry, Mr. Olufemi Adeboye, highlighted various opportunities available to bee entrepreneurs and agribusiness operators under the Prince Dapo Abiodun administration.

The event, themed “Bee Together to Sustain the Planet,” was organised by the Gateway Apicultural Association (GATAPAS) in conjunction with the Federal Road Safety Corps (FRSC), Ogun State Command, at the FRSC Auditorium, Ibara GRA, Abeokuta.

Sofela disclosed that the state government had continued to provide capacity-building initiatives, funding support, export opportunities and other interventions aimed at strengthening businesses and encouraging economic development across Ogun State.

He also revealed that the ongoing review of the Ogun State Enterprise Development Agency (OGSEDA) Establishment Bill would further transform the MSME landscape and create a more enabling environment for small businesses in the State.

Dignitaries at the event included the President of GATAPAS, Professor Olawumi Akinyode Timothy; the Ogun State Coordinator of the Nigerian Export Promotion Council (NEPC), Madam Olajumoke Abolaji; Mr. Kehinde Oyeyemi, who represented the Ogun State FRSC Corps Commander, Corps Commander Oludare Ogunjobi; and the immediate past President of GATAPAS, Professor Adebola Osipitan, who delivered the keynote lecture.

OGSG,GIZ HOLD STAKEHOLDERS’ REVIEW OF OGSEDA BILL

The Ogun State Government, in collaboration with the German Agency for International Cooperation (GIZ), has intensified efforts to strengthen the Micro, Small and Medium Enterprises (MSMEs) sector through a stakeholders’ dialogue on the draft bill seeking to establish the Ogun State Enterprise Development Agency (OGSEDA).

The dialogue, organised by the Ogun State Ministry of Industry, Trade and Investment, was aimed at reviewing and fine-tuning the proposed legislation to ensure the sustainability and effective operation of the agency.

Recall that, OGSEDA, an agency under the supervision of the Ministry, was created by Governor Dapo Abiodun through Executive Order EO/007/OGSEDA to provide support services for MSMEs across the State.

Speaking during the engagement held at the Ministry’s Conference Room, Oke-Mosan, Abeokuta, the Permanent Secretary in the Ministry, Engr. Kehinde Akintomide, said the partnership between the Ministry and GIZ had been instrumental to the successful take-off of the agency.

Akintomide disclosed that GIZ supported the process with the development of a draft bill, noting that the stakeholders’ engagement became necessary to allow critical inputs before the proposed legislation is forwarded to the Ogun State House of Assembly.

“We have been working on the OGSEDA for some time. Through the efforts of our Commissioner, Mr. Adebola Sofela, the Ministry engaged the GIZ and they have supported us tremendously. I urge stakeholders to take ownership of the OGSEDA and contribute meaningfully to the Bill,” he said.

Also speaking, the Director-General, OGSEDA, Dr. Segun Dada, said the objective of the dialogue was to produce a robust legal framework that would guarantee the sustainability of the agency and strengthen partnerships capable of driving MSME development in the State.

Dada explained that another stakeholders’ validation meeting would hold on Thursday, June 4, 2026, before the bill is transmitted to the State House of Assembly for legislative consideration and public hearing.

The meeting featured three group presentations from stakeholders across relevant sectors...