Oyetola Signs Executive Order Establishing Osun Investment and Promotion Agency to Accelerate Growth


Friday, November 22, 2019   / 04:58AM / By OSSG   /   Header Image Credit: OsunSummit


The 2019 Osun Economic and Investment Summit came to an end on Thursday with no fewer than twenty-two investors showing interest in partnering with and investing in the state.


Investors, both local and international, signified their readiness to explore the potentials of the state in the areas of agriculture, mining, infrastructure, health, education and Information and Communication Technology; and reaffirmed their commitments to partner with the state by expanding the scope of their businesses.


While declaring the Summit closed Governor Adegboyega Oyetola, said the state would continue to provide an enabling environment for every investor to thrive and succeed.


He said the state would continue to strengthen all existing frameworks to protect businesses as well as honouring all commitments it gives/enters into.


Governor Oyetola thereafter announced the signing of the Executive Order establishing the Osun Investment and Promotion Agency, a follow-on decision taken to further demonstrate the state's commitment to creating a rules-based platform for investment drive and facilitation; in furtherance of the resolve to turn Osun into an enviable investment hub.


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"I believe that with the support   of   our   partners, we   can   put   up   a   formidable   front through which we can collectively accelerate development and take   our   beloved   State   to   the   most   enviable   height   of development.


I   wish   to   state   unequivocally   that   I   commit   myself   fully   to working with all our valued investors and development partners to deliver on the lofty ideas.


I   am   aware   that, in   the   course   of   this   Summit, many relationships, just as we desired a number of exciting informal and formal business discussions, have been birthed. I am told by the secretariat that not less than forty-five business-to-business  and business-to-government of such formal conversations took place.


We will be following up on these discussions, with a view to   providing   the   necessary   support   required   to   translate   the discussions into reality.


As part of efforts towards implementing the outcome of this Summit, I am happy to inform this gathering that I have just signed the Executive Order establishing the State's Investment and Promotion Agency. This is to further demonstrate our seriousness and commitment to ease of doing business in our State.


As I said in my opening speech, we are a law-abiding State. We are Omoluabi. Our words are our bond. We will be guided by the law as a responsible government.


We shall also strengthen all existing frameworks to protect businesses. Be rest assured that your businesses are safe in Osun."



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Download the Osun State Investment Guide Here 


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