FIC Report (Ogun State) – The launch of Codix Bio Pharmaceutical Company’s factory in Ogun State is a significant development in Nigeria’s healthcare sector. This initiative aligns with the Federal Government’s efforts to improve the business environment through the Presidential Enabling Business Environment Council (PEBEC).
PEBEC’s reforms have aimed to enhance Nigeria’s ease of doing business, which could benefit companies like Codix Bio Pharmaceutical.
The company’s decision to establish a production center in Ogun State is attributed to the state’s conducive business environment and business-friendly posture, which resonates with PEBEC’s objectives.
Governor Dapo Abiodun’s emphasis on capacity building and investing in knowledge-based education also complements PEBEC’s goals of creating a favorable business environment.
PEBEC’s reforms have streamlined business registration and licensing processes, making it easier for companies like Codix Bio Pharmaceutical to set up and operate in Nigeria especially in Ogun state
PEBEC’s efforts to promote investment in Ogun state have created a favorable business environment, attracting investors like Codix Bio Pharmaceutical to establish manufacturing facilities in the state.
PEBEC’s promotion of digital solutions have enhanced business processes, potentially benefiting Codix Bio Pharmaceutical’s operations and supply chain management.
PEBEC’s facilitation of partnerships between government agencies, private sector companies, and international organizations has enabled Codix Bio Pharmaceutical to collaborate with the World Health Organization on technology transfer and capacity building.
Governor Dapo Abiodun assured that his administration would continue to collaborate with genuine investors on capacity building and aligns with PEBEC’s goals of creating a favorable business environment and promoting economic development.
Signed
Shittu Hammed. O.
Information Officer
FIC, Abeokuta.
19.05.2025
