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| COMMERCE & COOPERATIVES | |
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Government has sourced for viable investors to renovate and manage Trans Motel, Ibadan. |
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Twenty-five (25) million units of First Bank Plc shares were applied for through the Ministry at the cost of 1 billion naira. |
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3, 333,333 units of Skye Bank PIc shares were subscribed |
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11,131,799 units of First Inland Bank shares were subscribed and allots |
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Approval has been given for the establishment of the 1st Enterprise Zone in Ibadan. |
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Government has concluded plans with a Chinese firm for the establishment of an Independent Power Supply as an alternative to Power Holding Company of Nigeria. |
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Approval has been given for the establishment of International Mega Market along Lagos - Ibadan Express Road to boost commercial activities and create job opportunities for the youth. |
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Also, approval has been given for the establishment of three International Border Marketers in the six geopolitical zones for the promotion of commercial activities across the borders. |
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New developer has been sourced and introduced with a view to formalizing arrangement for the take-off of activities at the Trans National Border Market. |
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Letters of allocation have been issued out to traders for the effective take- off at the ultra Modem Business Complex, Ogbomoso. |
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The sum ofN5 million was released and paid to O’dua Chamber of Commerce towards the successful hosting of 2007 O’dua International Trade Fair in Oyo State. |
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Government participated in the Fourth National Conference on Investment (NCI). |
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Government has finalized arrangement with Cooperatives Societies in all the Local Governments to float Micro-Finance Banks. |
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Government has registered 482 Cooperatives Societies and Supervised the formation of 75 Cooperative Societies |
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1,000 Cooperatives members received Cooperative education during the period under view. |
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Government has ensured the completion of steel fencing of Adamasingba Shopping Complex. |
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Renovation of toilets and other plumbing works at Adamasingba and OkeBola Shopping Complexes. |
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Construction of car parks and restructuring of Bola Ige International Business Complex. |
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Evacuation of extension of shops and launching of weekly sanitation exercise for Bola Ige International Business Complex (BUBCO), Gbagi were also carried out. |
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Management Committees were Inaugurated to over see the welfare of Adamasingba, Oke-Bola and Ogbomoso Ultra Modern Business Complexes. |