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Governor Seyi Makinde of Oyo State has said his administration will over the course of the next year focus on expanding the state’s economy by promoting investment in the solid minerals and tourism sectors.
Makinde made this known in his remarks during the May Day celebration in Oyo State held at Lekan Salami Stadium, Adamasingba, Ibadan, on Saturday.
According to the Oyo governor, the move towards solid minerals and tourism is continuing on successes recorded over the past year in using agribusiness to drive economic growth in the state.
He said evidence that his administration’s massive investment in agribusiness and infrastructure is yielding result is seen in the 2020 National Bureau of Statistics (NBS) report where the state’s Internally Generated Revenue grew by 42.23 per cent and an influx of more people and industries into the state.