Oyo Government woos investors with support

The Oyo State Government has reiterated its commitment to partnering with investors who want to come to the State to operate, adding that needed support that would guarantee success would also be made available.

The Government also called on business owners, especially independent petroleum marketers, to ensure they conduct their businesses in the State in line with government policies in the overall interest of the people and the State as a whole.

The State Commissioner for Lands and Housing, Mr Abiodun Abdulrahim, disclosed this, over the weekend, at the official opening and presentation of prizes to raffle draw winners at the Total Grace Oil and Gas Filling Station, Oke-Ado, Ibadan.

While speaking at the event, the Commissioner said the government chose to attend the event because of the track record of the company in terms of compliance with all government policies in running business affairs in the State and as such wanted to use the organisation as a point of contact to reach out and woo other corporate organisations and prospective investors into the State.

Abdulrahim noted that the Oyo State Government was prepared to partner with whoever is bringing value to the State, encouraging business owners in the State to ensure that they collect all the necessary permits and conduct their business in such a manner that shows transparency and accountability so that everybody that transacts business with them would be happy with how they dispense their products.

He stated, “That is the sense and new trend in Oyo State. We want discipline, we want accountability and we want people that are ready to bring value to the State. We don’t mind wherever you come from provided you bring value to Oyo State, which will be a good report for the citizenry and people of Oyo State.

Speaking on the project, the Chief Executive Officer, CEO, Total Group, who operates the Total Grace Oil and Gas firm, Mr Akinduro Bolaji, said the idea of draw is to compensate and empower the customers of the filling station and give them a start up in terms of empowerment, so they could cater to themselves and their families.

Bolaji said a huge amount of money running into tens of millions of naira had been invested by the company to procure four cars, four tricycles and 12 motorcycles, among other consolation prizes to give to the winners in a promotional activity that would run every month till the end of the year.

He noted, “This is the first time we are doing this and it is also the first time any filling station in Ibadan will be doing this. We are giving out four cars every month which would be won through raffle draw. We don’t segregate. In all we have four cars, 12 motorcycles and four tricycles and some other consolation prizes. We decided to give a discount of N1-N2 difference on our selling price as our way of not putting our customers in hardship.”

The CEO explained that the company was selling at the rate that is competitive because of the deregulation of the industry and does not want to fix a high rate so as to encourage its customers because of the country’s economic situation.


Source: Voice of Nigeria