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Oyo State Governor, Seyi Makinde
The Oyo State Governor, Seyi Makinde, on Thursday, assured both local and foreign investors that his administration would continue to provide adequate security for investments and businesses in the state.
He therefore called on investors to bring their money to invest in the state, noting that the state has an enabling environment to support their businesses.
The governor made this known while commissioning the JAGZ Hotels at Iyaganku, in Ibadan, the state capital.
Makinde said his administration was ever ready to support investors who are ready to partner with the government to expand the economy of the state.
He noted that his government would continue to do everything to secure the lives and property in the state, which according to him, are major prerequisites that investors look at before going into a state.
“I want to use this opportunity to greet everyone on the occasion of the 64th Independence Anniversary. I also want to congratulate Kayode Adebulugbe and the entire team. I was glad when you told me that this is almost 100 per cent local content.
“Not only that; you mentioned to me that you did not have any formal contract. To be honest with you, I have done business in millions of dollars just on handshake, yet, people say Nigerians are dishonest. Well, this is a validation that there are Nigerians who are honest; and who would do what is right. So, I thank you for this investment in Ibadan and Oyo State.
“The government only provided the enabling environment for this to happen. We did not put any government money in it. So, this is a demonstration of the state model; we provide the environment and the investment will come.
“So, I want to say congratulations to Kayode and his team. I thank you for not being one of those people that would just sit back and complain. You and the team were bullish to put this investment in here. And, as a government, I can tell you that we will do everything within our powers to ensure that this investment is protected,” he noted.
In the same vein, the governor said under Omituntun 1.0, the state focused on four major pillars including education, health, expansion of our economy and security.
“For this to continue, people have to feel safe and secure in this environment. So, we will do everything to ensure that people feel safe and secure.
“Under Omituntun 2.0, as part of a move to expand our economy, we added tourism and solid minerals development. So, this is a commitment to that ideal.
“Every Friday, it is always difficult to get hotel rooms in Ibadan because people are coming from all over the state, especially Lagos. People should keep coming as we are happy. So, this is an edifice that we would protect at all cost,” he stressed.
Earlier, the Chairman/Chief Executive Officer of the hotels, Ibadan, Adebulugbe, lauded Makinde’s developmental policies and infrastructural development drive in the state, describing him as a man of many parts, who has been toeing the footsteps of late Obafemi Awolowo.
He added that the JAGZ Hotels was strategically located in Ibadan, the home of many ‘firsts,’ thanking the governor for creating an enabling environment for investors and creating opportunities to maximize profits.
He promised to support the governor to achieve his vision of expanding the economy of Oyo state through tourism and hospitality development.
