Economy

Makinde Signs Oluyole Free Trade Zone Deal

By Iyabo Adebisi

Oyo State Governor, Engineer Seyi Makinde, says the Oluyole Free Trade Zone will become a hub of innovation and job creation, driving long-term economic growth for the state.

He made this known during the signing of a Joint Venture Agreement between the state government and a beverages company.

Represented by his Chief of Staff, Chief Segun Ogunwuyi, the governor said his administration has focused on strengthening the ease of doing business, improving infrastructure, and opening the state to private-sector investments.

He added that the Free Trade Zone would boost industrial capacity and create thousands of jobs.

Chairman of the beverage company, Mr Tun Tun Win, thanked the governor for providing a business-friendly environment and pledged immediate commencement of operations.

Director-General of the Oyo State Investment and Public-Private Partnership Agency, Mr Tilewa Folami, stated that the project, situated along the Senator Rashidi Ladoja Circular Road corridor, would accelerate economic transformation and industrialisation in the state.

Follow us on Telegram and YouTube, and join our WhatsApp Update Group for more news updates.