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Ondo State Positioned to Become Nigeria's Next Business Hub with Economic Transformation Efforts

Business1 min read
Ondo State Positioned to Become Nigeria's Next Business Hub with Economic Transformation Efforts

Ondo State, under Governor Orimisan Aiyedatiwa's administration, is strategically transforming into Nigeria's upcoming business hub. Hon.

Idowu Ajanaku highlighted the state's efforts to revamp its economy by investing in infrastructure, power, agriculture, and tourism to attract business investments. The Ondo State Power Company (OSPC) has significantly improved electricity access and reliability, with the distribution of 13,000 prepaid meters.

The Ondo State Internal Revenue Service (ODIR) has also enhanced revenue collection through digital innovation and tax education, strengthening the state's fiscal capacity for infrastructure and social projects.

Plus234Feed summary based on reporting from Nigerian Tribune. Read the original report below.

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