Economy

We are committed to creating a conducive atmosphere for businesses – Oyo Govt.

Oyo State Government says it is leaving no stone unturned in providing a conducive business environment for businesses to thrive in the state, with the provision of credit facilities for Micro, Small and Medium Enterprises, MSMEs, Graduate Loan Scheme and other technical supports.

The Commissioner for Trade, Industry, Investment and Cooperatives, Mr. Olasunkanmi Olaleye made this known while speaking at the Ibadan Business Festival, held at the Trans Amusement Park, Ibadan.

Mr. Olaleye who was represented by the Deputy Director of Trade, Mr. Olayinka Raimi stated that the ministry being responsible for trade and investment in the state would be willing to offer necessary assistance to investors, young entrepreneurs and others in realizing their potential.

He said the state government has provided a structured security architecture for businessmen and investors to operate unhindered in the state which he noted was evident in the ranking of Oyo State as one of the safest states in the nation for the transaction of business opportunities and growth.

Earlier, the convener of the programme, Mrs. Temitope Adelakun stated that Ibadan Business Hub is a one-stop platform that provides support for small and medium scale businesses in Ibadan and its environs to standardize and scale up their businesses.

Mrs. Adelakun stated that Ibadan Business Festival is an annual event that uses a mix of entertainment, talent hunt, networking, learning and collaborations to achieve an end goal of driving sales for registered vendors.

Iyabo Adebisi

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