Economy

Oyo Handovers 90.2 Hectares to FG for Dry Ports

By Iyabo Adebisi

Oyo State government has handed over 90.2 hectares of land to the Federal Ministry of Marine and Blue Economy for the construction of dry ports.

Speaking at the handing-over ceremony held at Moniya-Akinyele Dry Port, Governor Seyi Makinde, represented by the Deputy Governor, Chief Adebayo Lawal, said the decision was aimed at boosting the economy and urged the federal government to use the land for its intended purpose. 

Governor Makinde added that the multimodal initiative of the federal government, if well-operated, would help decongest the nation’s seaports, enhance industrialisation, and improve the agricultural value chains.

Reacting, the Minister of Marine and Blue Economy, Mr Gboyega Oyetola, represented by the Permanent Secretary of the Ministry, Mr Michael Olufemi, noted that allotment of the 90.2 hectares of land highlighted the clear shared vision between the federal and Oyo State government towards expanding the nation’s economy. 

Earlier, Oyo State Commissioner for Lands, Housing and Urban Development, Mr Williams Akin-Funmilayo, said the documentation would formalise the interest of the federal government in its quest for partnership with Oyo State on Blue Economy on 26th June, 2024, saying the partnership would enhance mutual benefit in the interest of the public.

The Director of Nigeria Shippers Council, Ahmadu Yahaya Gatta, said the marine economy would further serve an extension of seaports, direct services to import and export, with a positive impact on the regional economy, including agriculture and logistics, among others.

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