Governor Seyi Makinde of Oyo State plans to pursue diaspora investors aggressively.
On Tuesday in Ibadan, Mr. Peter Eledan, Director, Oyo International Business Summit, London 2023, told reporters this.
‘Accessing the Pioneer Advantage to Sustainable Investments in Oyo State’ is the theme of the London summit on May 19.
Governor will address global CEOs and investors during the gathering.
Eledan said the meeting aims to recruit diaspora investors to the fast-growing Oyo economy.
He said that the Governor’s first term had catapulted the state economy from zero to enviable.
Eledan said the event will bring together leaders in agribusiness, solid minerals and mining, tourism, renewable energy, and infrastructure.
He stated the summit would address state investment prospects through Private Investment Ventures (PIV), Public-Private Partnerships (PPP), and PPDP models.
He claims the summit is the first outside the state.
He said Makinde wants to build a smart city and green industry and would meet state-based company executives at the summit.
The meeting will help investors and stakeholders understand investment prospects.
“Investors will also learn how to build the state while earning high profits.
Eledan stated, “Oyo is booming, and it is time to invest more in the state, which is an ideal future investment location in Nigeria.
He said the Governor would offer investors and businesses an exceptional opportunity to invest at the summit.
The Director said the summit would help partners network and create crucial ties to bring successful investments to the state.
He said the conference would showcase the state’s comparative edge over other Nigerian states and open its economy to the world.
“With its agrarian nature, there is more to benefit in agribusiness, tourism, solid minerals and mining, renewable energy, and infrastructure.
These sectors can boost revenue and jobs for the overcrowded population.
The Oyo International Business Conference 2023 kicks off Omituntun 2.0, a sustainable development programme.
“It is an ideal plan to kick-start the governor’s second term, which promises to be fruitful for the welfare of the state and its citizens,” Eledan added.