Kogi investment opportunities are gaining traction as Governor Ahmed Usman Ododo reaffirms the state’s readiness to welcome foreign direct investment, highlighting a secure environment, supportive infrastructure, and rich natural resources for prospective investors.
Represented by his Deputy, Comrade Joel Salifu, the Governor made this known during a strategic engagement with Mr. Xzhangcong, country representative of Shanxi Construction Investment Group Company Limited.
The meeting, held at the Deputy Governor’s residence in Lokoja, is part of the state government’s broader efforts to attract sustainable investments that will stimulate economic growth and job creation.
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According to a statement issued by Mr. Unubi Emmanuel, Press Secretary to the Deputy Governor, the administration is eager to partner with private sector players ready to contribute meaningfully to the state’s development goals.
Governor Ododo, through his deputy, reiterated that Kogi State is richly endowed with untapped solid minerals, including coal, limestone, and iron ore, and offers vast land and skilled labor to support industrial operations.
He stressed that hosting industries within the state, rather than exporting raw materials, will ensure greater value retention and boost the state’s internally generated revenue.
He added that by reducing logistical and transport expenses, companies stand to enjoy higher profits, while the host communities benefit from employment and social infrastructure. The Governor emphasized that his administration is committed to creating a safe, stable, and supportive environment where investors can operate with confidence.
In response, Mr. Xzhangcong disclosed that Shanxi Construction Investment Group specializes in coal-powered electricity generation and has identified Kogi as a strategic investment destination due to its vast coal reserves.
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He explained that the company plans to establish a power generation plant that will not only serve the state but possibly power other parts of the country in the future.
However, he noted that the company’s final decision hinges on clear assurances of safety, regulatory support, and local partnership. He applauded the government’s proactive engagement and stated that such assurance from the top levels of government gives foreign investors the confidence to move forward.
The meeting also featured remarks from investment facilitators, Mr. Iliasu Isah and Mr. Abdul OganeAji, who emphasized that the initiative to bring the company to Kogi was inspired by their desire to prioritize the state in development opportunities. They expressed optimism that this partnership would serve as a model for future collaborations between Kogi State and global investors.
