Oyo State governor, Engineer Seyi Makinde says until Nigeria is able to diversify its economy by moving away from petroleum to agro-exports and agro-processing, which would increase foreign exchange coming into the system, it would continue to grope in economic hardship.
Governor Makinde stated this when he received the management team of Odu’a Investment Company Limited, a business conglomerate owned by the South-West states, led by its chairman, Otunba Bimbo Ashiru at the Courtesy Room of his office, Secretariat, Agodi, Ibadan.
The governor said what the company has been doing is central to his government’s vision to create wealth in the state and move the people from poverty to prosperity.
Governor Makinde also expressed his administration’s readiness to support the company to succeed in its mandate and in its plan to expand the business and in effect the economy of the state.
He equally commended the Odu’a team for what it has done with the landmark heritage of the Yoruba states, even as he charged them to remain focused on the business.
Governor Makinde, who charged the management of the company to stay focused, said his government would be available to offer every necessary support to them with regards to some of the ventures they are embarking upon, including the Premier Hotel and SWAgCO Limited, an independent subsidiary of Odu’a, with interest in agricultural investment.
Earlier, the chairman of the OICL, Otunba Ashiru, said the OICL management team has been working hard to bring back the glory days of the conglomerate.
The OICL team included its Group Managing Director, Mr. Adewale Raji; its Director, Mr. Seni Adio, SAN and Otunba Debola Osibogun as well as well as the Group Executive Director, Mr. Olugbolahan Mark-George.
Iyabo Adebisi
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