Executive Summary
Governor Seyi Makinde of Oyo State aims to make the state a major investment destination in Nigeria before the first quarter of 2020. The state is partnering with the Nigeria Investment Promotion Commission (NIPC), Nigerian Maritime Administrative and Safety Agency (NIMASA), and the Development Agenda for Western Nigeria Commission (DAWN Commission) to achieve this goal. Segun Ogunwuyi, the governor's executive assistant, emphasized Oyo State's readiness to revive moribund industries through partnerships. Ogunwuyi highlighted the state's commitment to improving the business environment and maximizing economic opportunities, particularly through the Lagos-Ibadan Railway project. Seye Oyeleye, the DAWN Commission director-general, welcomed the collaboration and called for the state's participation in the Western Nigeria Investment Summit (InvestWest) 2020.
- Oyo State partners with national agencies to revive industries and attract investment by early 2020.
What Is Driving The Story?
- Economic diversification
- Investment promotion
- Regional development