I’ve attracted $65m investment to Oyo in 4 years,
says Ajimobi


ON May 26, 2017 6:49 PM / IN News / BY
Tony / Comments


Gov. Abiola Ajimobi of Oyo State on Friday said that
his administration attracted investment worth $65
million to the state within four years.
He made the disclosure on Friday while unveiling the
Transformation Industrial Park Project on the Ibadan-
Lagos Expressway.

The governor unveiled the industrial park and flagged
off the Phase 1 of the Polaris Pacesetter Free Trade
Zone as part of activities marking his administration’s
sixth year anniversary.


The industrial park has 162 plots of land, with the
Free Trade Zone located on 4,000 hectares of land.
“From the National Bureau of Statistics figures on
Foreign Direct Investment inflow into Nigeria over the
period between 2011 and 2015, Oyo State attracted a
total of $64.8 million investment.


“This places the state second only to Lagos State in
the South West,’’ the governor said.
Ajimobi said his administration also attracted 34
new companies, while two others, Leyland Busan
Motors Limited and Dizengoff, were resuscitated by
their owners.


According to him, the companies have yielded a
turnover of N32 billion and have created over 3,000
jobs.


The governor also said that the industrial park had
been divided into 162 plots of various sizes to
accommodate medium and small scale industries.
“We assure investors that the paper processing for
their plots would not exceed 30 days.
“ Let me state here that the first 20 allottees would
enjoy 70 percent discount,’’ he said.


He assured the former land owners of the benefit
from the investment through profit sharing.
Ajimobi said that the state was uniquely blessed with
land mass and resourceful people, noting that 75
percent of the state’s land mass was arable.


“Our state is blessed with arable land and mineral
resources. With all the blessings, the state was
trapped in violence, decadence and culture of
impunity.


“It was also tagged the dirtiest in the country until we
came on board.
“ Let me tell you that in the last six years, we have
been able to make the state clean, safe and healthy
for residents and investors,’’ he said.


Mrs Folake Akinleye, the Special Adviser to the
Governor on Investment, Promotion and Public
Partnership, said the park was established to
elevate the state from its civil service status to an
industrialised one.


This, he said, was in line with the restoration,
transformation and repositioning agenda of the
Ajimobi administration.


“With the unveiling of this park today, the state is set
for better opportunities for investment, investors and
industrialists from all over the world,’’ he said.
Chief Kola Akosile, the Chairman of Manufacturers
Association of Nigeria (MAN), Oyo/Osun/Ondo/Ekiti
branch, commended the governor for his doggedness
and commitment to the tenets of Public-Private
Partnership.


Akosile, who was represented by his deputy, Vikroam
Gursahanei, said industrialisation was critical in
driving development.


“Industrialisation provides the brightest hope for
sustained growth, employment generation, improved
savings and poverty alleviation,’’ he said.


Mr Olaitan Alabi, the Chairman of Oyo State
Chambers of Commerce, Industries, Mines and
Agriculture, said that the efforts of the state
government deserved commendation.

www.vanguardngr.com/2017/05/ive-attracted-65m-investment-oyo-4-years-says-ajimobi/

Good of you.

Oya Chop knock..

And how much have you looted out

where the money pass through cause if na your stomach I doubt if Ibadan people see am

Is that Constituted Authority!!!

is this an achievement?
how much have you recieved from federation account in the last six years? and how much debt have you incurred for the state?
some of these gov are an apology

the man try sha ,na salary bleeped him up.He transformed I.B especially in term of roads and FDI.

Just 65ml in 4 years


Nawa oo

Unlike someone who signed mou for refinery only to commission petrol station

Very poor

imagine this Fool calling that achievement Oyo illiterate would start praising