Kogi Governor Ododo Launches Tax Relief for Businesses

On Sunday, Kogi State Governor Alhaji Ahmed Ododo announced a three-year waiver on selected state levies, including Land Use Charge and Environmental Levy, to stimulate industrial growth, attract private investment, and create employment opportunities. This announcement was made during the commissioning of the Confluence Lube lubricant blending and packaging factory, established by Godec Power Nigeria Limited along the Ganaja-Ajaokuta Expressway.

Governor Ododo praised President Bola Ahmed Tinubu for fostering an enabling environment for industrialization and expressed optimism about Nigeria's economic recovery through ongoing reforms. He highlighted the factory's significance in enhancing Kogi State's industrial sector and its potential to generate jobs and improve local livelihoods.

Chief Okechukwu Obika, Managing Director and Chairman of Godec Power Nigeria Limited, was commended for his role in establishing the facility, which produces engine oils and plastic containers. Ododo reiterated his administration's commitment to developing a robust private sector to create more jobs than the public service.