Prince Abubakar University Teaching Hospital Anyigba currently under construction by the administration of His Excellency, Governor Yahaya Bello of Kogi State. *** Governor Yahaya Bello at work on the age-old erosion ravaged section of the road from Anyigba to the headquarters of Dekina LG and to the neighboring Bassa LG.*** Ultra-modern General Hospital, Under Construction At Isanlu-Yagba East LGA-Kogi State. Similar projects ongoing simultaneously in two (2) other locations in the state, ie, Gegu in Kogi LGA and Eganyi in Ajaokuta LGA*** The World Bank commended Governor Yahaya Bello for refunding $4.63 million surplus funds under the Nigeria Erosion and Watershed Management Project (NEWMAP)***  This app, is an Audio/visual excursion into the stewardship of His Excellency, Governor Yahaya Bello*** 

Business

Kogi govt officials storms market places, fuel stations to sensitize people on need to accept old naira

Officials of the Kogi State Government and stakeholders in the financial sector have stormed the streets of Lokoja to sensitize the people on the need to accept the old naira notes in line with the ruling of the Supreme Court.

Addressing a large crowd of Okada riders and market women under the newly constructed Ganaja Flyover in Lokoja, the State Commissioner for Information and Communications, Mr Kingsley Fanwo congratulated Nigerians over the Supreme Court judgement, saying the people can now use both the old and new naira notes together till December 31, 2023.

“We have met with the banks and they have agreed that they will accept old naira notes as deposits. So we urge all Okada riders, Keke riders and market men and women to accept the old naira notes.

“The State Government is grateful to the banks for their cooperation and commitment to the ruling of the Supreme Court of Nigeria. It is criminal to reject old naira notes after the judgement”, he said.

He further said the State Government will monitor compliance strictly.

In the same vein, the State Security Adviser, Commander Jerry Omodara (rtd) harped on the need for Kogites to cooperate with the State Government in her bid to ease the current financial strains occasioned by the current cash policy. He said his office will work with security agencies to ensure compliance.

In his remarks, Mukadam Asiwaju Idris Asiru said the banks are already accepting old notes as deposits, urging the people to take advantage of the cooperation of the banks. He also said he has already gotten the commitment of the banks to load their ATM with old and new naira notes to ease the cash scarcity in the state.

The representatives of the major banks in Lokoja also assured the people of the readiness of the banks to accept old naira notes as deposits. They said the directive took effect on Monday morning, urging customers to freely accept old naira notes.

The sensitization train visited all transport unions, fuel stations and major markets in Lokoja. They also assured the people of sustained sensitization on radio and other media of communication.

NEPC, KEDA, CBN, NASSI TO ESTABLISH EXPORT…

NEPC, KEDA, CBN, NASSI TO ESTABLISH EXPORT PROCESSING VILLAGE IN KOGI STATE

The Nigerian Export Promotion Council (NEPC) in partnership with Kogi Enterprise Development Agency (KEDA), Central Bank of Nigeria (CBN), Nigerian Association of Small Scale Industrialists (NASSI) to start the implementation process of Export Processing Village (EPV) in Kogi State.

This was disclosed in a stakeholders engagement/focal group session on export processing village organised by NEPC which took place at AKK Hotel, Lokoja on Thursday, 2nd June, 2022.

Speaking at the meeting, Nigeria Export Promotion Council Trade Promotion Advisor Lokoja Smart Office; Mrs Amina Abdulmalik noted the export potentials in the state and the best way to harness these potentials by transforming the state into a processing hub for export. She further stated the roles of private partners and the critical roles the government and regulatory agencies need to play to actualize the export dream.

According to her, this necessitated the stakeholders engagement to further discuss ways to actualize this objective.

The Kogi Enterprise Development Agency, MD/CEO, Hajiya Rekiya Onaivo Sanni represented by the Executive Director, Operations, Mr Akinola Akinyemi alongside Mr Ogu Daniel, Head, ICT Enhancement, and Mr Dahiru Ohinoyi, Field Operations Manager commended the efforts of NEPC in fostering business growth in the State. She highlighted some of the efforts of KEDA so far in helping MSMEs in the State, which include: the sensitization programmes for the implementation of Kogi COVID-19 Action Recovery and Economic Stimulus (KG-CARES) as well as other SME policies geared toward stimulating the economy of Kogi State.

The EPV has been segmented and the project will be implemented across Kogi State.

Signed: Media Team,

Kogi Enterprise Development Agency (KEDA)

MSME Awards 2022, KEDA.

MSME Awards 2022: KEDA Commences Technical Support for Kogi Enterpreneurs

Entrepreneurs in Kogi State have started receiving technical support from Kogi Enterprise Development Agency, KEDA to achieve better outing at the 5th National MSME Award slated for 27th June, 2022.

Hajiya Rekiya Onaivo Sanni, MD/CEO who chaired the one-on-one strategic meeting with select enterprenuers called on all enterprenuers to view it an opportunity to showcase Kogi state in a positive light as well as their businesses to the world.

The MSME award is an initiative of the Federal Government of Nigeria held annually, May 27th in commemoration of the International MSME Day. Application starts on May 19th till June 12th, 2022.

The KEDA boss intimated the MSEs community about the eligibility criteria and the categories of business to be considered for entries listed included but not limited to creative arts, manufacturing, fashion and style, wood works, leather works, technology, beauty and wellness.

Hajiya Rekiya sensitized enterprenuers on the Award Entry requirements stating that she applicants must be 18 years and above and must be a Nigerian with viable business idea.

She added that part of the regulatory requirements included

CAC, Tax Clearance, SON, NAFDAC; according to her are dependable on specific products and services rendered.

She went further to intimate enterprenuers on the Video Entry Requirement. She said video must not exceed two (2) minutes.

In the next one week, the agency shall provide pen-and-paper supports to eligible applicants including access to micro grants to facilitate ease of this process for Kogi entrepreneurs.

Visit www.msmeclinics.gov.ng to apply.

End

20 Business Opportunities in Kogi State For Investors

Created in 1991, Kogi State is nicknamed “The Confluence State” because it’s the meeting point of the River Niger and River Benue. If you live or you’re an investor who is looking for a state to invest in, we have some of the hottest business opportunities you can venture into in Kogi State.
Kogi boasts of rich iron deposits.

While Kogi State is filled with mineral resources like coal, tin, limestone, tin and petroleum, the major occupation of many rural dwellers in the state is farming and fishing. They cultivate crops like maize, cassava, coffee, yam, cocoa, cashew, and so on.
Cost of living in Kogi
The cost of living in Kogi is affordable if compared with states like Lagos, the Federal Capital Territory (FCT), Abuja or Port Harcourt, Nigeria’s oil-rich state.

Food is cheap, depending on the seasons, and accommodation is affordable too. Hence, you can start your business without having to first gather huge resources for accommodation.
Challenges Of Doing Business In Kogi
Just like in different parts of Nigeria, several challenges hinder the smooth running of business operations in Kogi State. One of the issues a small scale entrepreneur would likely face is poor power supply.
Many times, you will have to spend more money to generate alternative power for your business

Another challenge you may encounter as you run your business in Kogi State is government regulations. Of course, in itself, this is not wrong, as a government is meant to keep businesses in check. However, it is popular knowledge that some of these government regulations make business operations tougher.
In the ease of doing business in Nigeria which was released in 2021, Kogi state ranked 30 on the list. The issue of insecurity might have been one of the indicators that affected the ranking of Kogi. Arm robbery and violent political attacks are some of the issues bedevilling the State.
However, it is important to note that as an investor, you can find a way around some of the problems.

With all the above challenges, there are still investment opportunities in Kogi. Below is a list of business ideas for investors interested in running a business in Kogi State can take advantage of
Iron and Steel Merchant
As Ajaokuta in Kogi is filled with rich deposits of iron. You can build a business around this natural endowment by playing the role of an iron and steel merchant.
This business is a capital intensive one though, as you will have to look for buyers and the right markets (in other parts of the country and beyond) to supply iron and steel.
Food Processing and Packaging Company

You will do well running a food processing and packaging business in Kogi State if you know your way around it with adequate knowledge. It is however necessary to conduct appropriate feasibility studies before jumping on this business.
Mechanized Farming
A good number of places in Kogi have arable land suitable for agriculture. Different important crops are usually cultivated in the state – like yam, maize, cassava, melon, coffee, cocoa, cashew, rice and groundnut. However, it should be noted that these things are usually done by the rural dwellers who still go about doing them manually due to lack of access to funds.
You can get into the scene by running mechanized farming in the state and you will do well. Agriculture is pretty lucrative, and you can always sell your produce beyond the state.

As capital intensive as mechanised farming is, it can be rewarding if you can rent your machinery to some of the rural dwellers who want to venture into farming on a large scale.
Travels and Tourism Company
Kogi State has several tourist centers, and these spots keep attracting people from different walks of life. You can build a business that revolves around this, and you will be handsomely rewarded.

If you have a lot of money, you can go big. But if you are starting small, you can partner with other bigger brands.
Outdoor Catering Service
This business can also properly fly in Kogi, particularly if you are in major towns in the state. Just ensure that you are properly positioned, and you will get good clients who will pay you well for your services. With good structures and connections, your catering firm can also offer corporate catering services to corporate organizations.
Cement Merchant
You can run this from Obajana. This place is where you will find the popular Obajana Cement Factory, which is the biggest of its kind in Saharan West Africa.
Several merchants of cement are usually trooping here from far places to order cement. Now, you will be more advantaged if you run your own cement merchant business close by and be a major supplier to cement retailers around the state.
Shopping Mall
Establishing a shopping mall will be most suitable for the city to enjoy a lot of patronages.
Electronics Shop

People need electronic appliances to make life more pleasurable to them. You can thus consider starting a business where these things are sold in Kogi. If you locate your shop in a good location, you shouldn’t find issues getting constant customers
Party Rental Business
Nigerians are fun-loving people, and the people of Kogi are not an exception. You can start a party rental business, and you will likely have patronizers every week if you are properly positioned.
Music Recording Studio
A lot of young people in the country have the desire to become celebrities by singing. You can thus start a music recording studio where you charge money for their recordings. Only ensure you do this in a major city.
Dropshipping
You don’t need to have a lot of money as the capital before starting a dropshipping business. With the right information, you can simply buy products directly from a supplier and get them shipped to the client that bought the product.

One of the advantages of this is that your market isn’t limited to Kogi. Using the power of the internet, you can venture into this business from anywhere you are in Kogi and reach customers in different parts of the country.
Fashion designing
Women in Kogi, like others in different parts of the country, love to look good. You can operate a fashion centre where they can get nice dresses, and you will make good money helping them look good.
Sell digital products
You can do this from anywhere you are in Kogi. You only need vital things like a laptop (or a good smartphone will suffice) and the internet. E-learning keeps growing, and you can make good money selling digital products to people.
Sell handmade products
You can make good money by creating a business that revolves around selling handmade products. Just look around for products the people will value, and get to work.
Photography

This is phenomenal, as you don’t have to restrict yourself at all. You can have an office where people come for their photoshoot. You can also be invited to events. Also, you can start selling your photos online. There are platforms you can utilize to make money online with your photos – the likes of Getty Images, Shutterstock, iStock, and so on.
Self-publishing books on Amazon

This is another thing you can kickstart irrespective of where you reside in Kogi. You can start publishing books online, particularly on Amazon, and you will earn reasonably well each month. This is one of the best small business opportunities for anyone, as your customers and readers are from different places in the world, and you are paid in dollars.
Freelancing

You can run this from the comfort of your home in Kogi. If you are good with what you do, you shouldn’t have problems getting clients that would pay you handsomely for your service. You can be a freelance writer, programmer, SEO Specialist right at the comfort of your home.
Security Coy
This is capital intensive, and you need to put in place certain important things to operate legally. However, considering the bad state of security, you can run a security coy that provides security personnel and tools to keep people and their stuff safe
Social Media Influencer
You can start this without having too many resources. The world is now on social media. Hence, if you can have the attention of a large following on social media, you will do well converting them to cash by promoting products online.

Setting up a construction company is another business

Recap:
There are several business opportunities in Kogi State, you can venture into any of the ones listed above. You should note that some of them require that your company must be incorporated.

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