Business and Economy of Kogi State

Business and Economy of Kogi State

ECONOMY
The majority of the people of the state are farmers. The State is blessed with suitable ecological and climatic conditions. It is therefore possible to produce various agricultural products including yam, cassava, soya bean, cocoyam, maize, millet, rice, guinea corn, palm produce, cowpea and others. The State's rich agricultural endowment is reflected in its capacity to produce cash crops like cocoa, coffee and cashew.

Kogi State is blessed with strategic minerals. These include iron ore, mica, marble, limestone, coal, crude oil. Others include; gold, kaolin, casserite, columbite, tantalite, feldspar and dolomite.

Significantly, the nation's premier iron and steel complex is located at Ajaokuta.

Industrially, Kogi State is an investors' haven, the state has a number of Industrial ventures which include Ajaokuta Iron and Steel complex, Jakura Marble, Valley Food, Mopa Okura Sawmill, Idah Ceramic Company, oil palm Company, Nigeria Iron-Ore Manufacturing Company.



Limestone and marble deposits are found in Ajaokuta, Jakura, Ososo, Osara, while Cassiterite, columbite and tantalite are found in Egbe. Gold is also found in Isanlu in East Yagba Local Government Area while Iron Ore can be found at Itakpe, Okene.

The proximity of the state to the new federal capital territory (Abuja) and its rich mineral and agricultural resources, would certainly turn the state into a leading commercial centre in Nigeria in the near future.