Oyo Now 3rd Easiest State To Do Business – Makinde

The Governor likewise prompted stakeholders to take purposeful actions to sustain and take advantage of the accomplishment, keeping in mind that success comes just when readily available chances are efficiently utilized.

Guv Makinde made the disclosure on Tuesday at the opening event of the 2026 Oyo State International Trade Fair, themed “Trade Without Borders: Connecting Oyo Entrepreneurs to Africa’s Business Opportunities,” held at the Permanent Trade Fair Complex, Samonda, Ibadan.

The reasonable is collectively arranged by the Oyo State Government and the Oyo State Chamber of Commerce, Industry, Mines and Agriculture (OYCCIMA).

Represented by the Commissioner for Investment, Trade, Cooperatives and Industry, Prof. Salihu Adelabu, the Governor stressed the requirement for more powerful synergy in between the federal government and Chambers of Commerce to guarantee reliable policy application and drive sustainable financial development.

He kept in mind that the state’s 7 geopolitical zones are adjoined, developing chances for financial activities and growth. He even more mentioned that Oyo State stays the only sub-national federal government in Nigeria signed up as a member of the African Continental Free Trade Area (AfCFTA), a relocation that places the state to much better harness continental trade chances.

Speaking on the style of the trade reasonable, the Governor stated the world has actually ended up being a worldwide town, making closer cooperation amongst OYCCIMA, the West African Chamber, the Pan-African Chamber, and the World Chamber of Commerce important. He worried that OYCCIMA and the Oyo State Government are equally reliant and need to collaborate to produce worth, produce work, and assistance business owners.

In his remarks, the Permanent Secretary of the Ministry, Mr. Olajide Okesade, who represented the Commissioner, repeated the state federal government’s dedication to driving financial development through partnership, worth addition, and the promo of in your area made items, especially in the farming sector.

The National President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Engr. Dr. Jani Ibrahim, represented by Chief Kola Akosile, explained the trade reasonable as an important platform for promoting business advancement, showcasing Made-in-Nigeria product or services, and reinforcing financial investment and trade cooperation.

According to him, the style is prompt and lines up with the goals of the AfCFTA, which supplies access to a market of about 1.4 billion individuals with a combined GDP of roughly $3.4 trillion. He declared NACCIMA’s dedication to promoting policies that enhance business environment, assistance Micro, Small and Medium Enterprises (MSMEs), and reinforce cooperation amongst federal government firms, banks, advancement partners, and the economic sector.

Previously, in his welcome address, the President of OYCCIMA, Mr. Niran Adewoyin, stated the 2026 Trade Fair shows a decision to move beyond standard exhibits towards financial combination, market growth, development, and sustainable success.

He applauded Governor Makinde for offering a making it possible for environment that has actually enabled regional markets and financiers to prosper, broaden their operations, and contribute substantially to the state’s economy. He likewise ensured individuals of the Chamber’s ongoing dedication to acting as a bridge in between the federal government and business neighborhood.

In their goodwill messages, the President of the Ibadan Chamber of Commerce, Industry, Mines and Agriculture (IBCCIMA), Chief Emmanuel Ogunnaike, and the Babaloja-General of Oyo State, Alhaji Yekeen Abass, advised the federal government to secure the interests of farmers and embrace a proactive technique to securing lives and home.

The occasion was participated in by exhibitors, traders, market leaders, leading federal government authorities, and other stakeholders from the general public and economic sectors.