Osun State Launches Digital Investment Portal to Boost Business Opportunities

Osun State Launches Digital Investment Portal to Boost Business Opportunities

  • The Osun State Government has launched a digital investment portal to enhance the business environment, providing comprehensive information and resources for investors
  • The portal, created through the Office of the Special Adviser on Innovation, Science, Technology, and Digital Economy, supports initiatives aimed at reducing red tape and increasing transparency
  • Governor Ademola Adeleke emphasized that the platform streamlines investment processes, offering support services and positioning Osun as a hub for trade, industry, and innovation in Nigeria and West Africa

Legit.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

The Osun State Government has reaffirmed its dedication to enhancing the state's business-friendly environment by launching a new digital investment portal.

Osun State launches digital investment portal
The Osun State Government has launched a digital investment portal to enhance the business environment. Photo Credit: Osun State government
Source: Getty Images

Through the Office of the Special Adviser on Innovation, Science, Technology, and Digital Economy, the site was created and is available at investinosun.osunstate.gov.ng.

Kolapo Alimi, the Commissioner for Information and Civic Engagement, called the portal a one-stop digital gateway for investors in a statement released on Sunday.

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"It provides comprehensive information on investment opportunities, sector profiles, incentives, and step-by-step guidance on establishing businesses in Osun," Alimi said.

He went on to say that the portal supports the governor's main initiatives to make doing business easier, such as the Harmonized Bill and the Certificate of Occupancy in 45 Days program, which are both intended to reduce red tape, increase transparency, and make Osun one of Nigeria's most investor-friendly states.

In his remarks, Governor Ademola Adeleke stated that the project was a component of the efforts to institutionalise Osun's ease of doing business.

"The Investment Portal provides every investor with a single, trusted entry point with clear guidance, firm timelines, and direct government support. Backed by our CofoIn45Days program and the Harmonized Bill, we are cutting red tape, lowering costs, and making approvals transparent and trackable. We welcome investors to a state where processes are predictable, rights are protected, and growth is shared," Adeleke said.

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The platform offers sector-based investment guides covering agriculture, mining, tourism, manufacturing, ICT, and trade, according to the government. It is powered by the Osun State Investment Promotion Agency in partnership with the Office of the Special Adviser on Innovation, Science, Technology, and Digital Economy.

Osun State launches digital investment portal
Osun state governor now provides comprehensive information and resources for investors through its portal. Photo Credit: Osun State Governor
Source: Getty Images

Additionally, it provides investor support services, including tax advantages, permits, licensing help, and land acquisition facilitation. Its user-friendly interface makes it easy for investors to access opportunities and resources.

"With this platform, Osun is showcasing its strategic location, reliable infrastructure, abundant resources, skilled workforce, and investor-focused policies, positioning the state as a hub for trade, industry, and innovation in Nigeria and West Africa," the statement read.

SEC warns Nigerians against another investing platform

Legit.ng reported that the Securities and Exchange Commission (SEC) has identified another unregistered platform, Value Growth Platform, operating illegally within the Nigerian capital market.

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In a public notice, the commission said the online platform presents itself as an investment outfit that offers market analysis reports, investment recommendations, and trading services on behalf of clients.

However, the SEC has clarified that Value Growth Platform is not registered to solicit investments or operate in any capacity within Nigeria's capital market.

Source: Legit.ng

Authors:
Zainab Iwayemi avatar

Zainab Iwayemi (Business Editor) Zainab Iwayemi is a business journalist with over 5 years experience reporting activities in the stock market, tech, insurance, banking, and oil and gas sectors. She holds a Bachelor of Science (B.sc) degree in Sociology from the University of Ilorin, Kwara State. Before Legit.ng, she worked as a financial analyst at Nairametrics where she was rewarded for outstanding performance. She can be reached via zainab.iwayemi@corp.legit.ng