The Governor of Oyo State, in a recent event, expressed his commitment to providing a secure environment for both local and international investors interested in doing business in the state. He encouraged investors to take advantage of the favorable conditions in Oyo State to grow their businesses. The governor made these remarks during the commissioning of JAGZ Hotels in Iyaganku, Ibadan.
He emphasized the government’s readiness to support investors willing to collaborate in boosting the state’s economy. Security of lives and property was highlighted as a top priority for the government to attract investments.
The governor commended the investment made by JAGZ Hotels, noting the use of local resources and the absence of a formal contract, showcasing trust and honesty in business dealings. He reiterated the government’s role in creating a conducive atmosphere for investments to thrive without direct financial involvement.
Furthermore, the governor outlined the key pillars of his administration’s focus, which include education, health, economic expansion, and security. He also mentioned the addition of tourism and solid minerals development under a new phase of development.
The chairman of JAGZ Hotels praised the governor for his developmental initiatives and infrastructure projects, likening him to a visionary leader. He acknowledged the strategic location of the hotel in Ibadan and thanked the governor for fostering an investor-friendly environment that promotes profitability.
Overall, the event highlighted the collaborative efforts between the government and private sector to drive economic growth in Oyo State, particularly in the tourism and hospitality sector.