14.2 C
Saturday, December 2, 2023
HomeWORLDGov Makinde showcases investment opportunities in Oyo State at IATF 2023

Related Stories

Avia Solutions Moves HQ to Dublin, Ireland

Avia Solutions has become a Dublin-based company. Following the transfer...

New AI-technology could help early detection of breast cancer 

In 2020, breast cancer amounted for 13,3 percent of...

Peru: UN rights office calls for probe into protestor deaths

“We are very concerned at the rising violence in...

Travis Barker Celebrates Kourtney Kardashian’s Bday With Risqué Photos

You don't want to blink and miss this milestone. Travis...

Gov Makinde showcases investment opportunities in Oyo State at IATF 2023


Oyo State Governor, Engr Seyi Makinde, has assured investors of a safe and secure environment in the state to do their business.

He made the assurance on the sidelines of the just concluded 2023 Intra-Africa Trade Fair in Cairo, Egypt, according to a statement signed by his Chief Press Secretary, Sulaimon Olanrewaju.

“We are saying, ‘Look, investors should come.’ The major issue that investors may be afraid of, is having a safe and secure environment; I think we have almost passed that hurdle in Oyo State. We are one of the safest states in the country.

“We have invested massively in security, and in terms of a responsive government, I came from a private sector background, and I was able to let the investors know that they are coming to a state where government business is handled with dispatch,” Olanrewaju quoted him as saying.

The governor also took part in the signing of an agreement with the African Export-Import Bank and Access Bank to enable Oyo State and other states in Nigeria to have access to an N500 billion facility for infrastructure development.

Makinde maintained that as part of his government’s infrastructure development plan, the first phase of the 110-kilometres Ibadan Circular Road, which is the 32-kilometres connecting the Eastern part of the state, has been progressing well.

His words: “We intend to use our part of the facility to continue the construction of the 110 km Senator Rashidi Ladoja Circular Road and the extension of the Ibadan Airport runway.”

He expressed excitement that AfreximBank is engaging directly with sub-nationals, stating that Oyo State would take advantage of the opportunity by using its part of the loan to continue the 110km Ibadan Circular Road and the extension of the Ibadan Airport runway.

Source link


Please enter your comment!
Please enter your name here


- Never miss a story with active notifications

- Browse for free from up to 5 devices at the same time

Latest News

Related Posts