Home My Town & I Osinbajo, Emefiele to Attend Osun Economic Summit

Osinbajo, Emefiele to Attend Osun Economic Summit


By Deborah Oladejo, Osogbo

The Nigerian  Vice-president,  Prof. Yemi Osinbajo, Governor, Central Bank of Nigeria, Godwin Emefiele alongside other Business Moguls are expected at the three-day Osun Economic and Investment Summit.

Addressing a press conference on the proposed economic summit, the Chief of Staff to the Osun State Governor,  Dr Charles Akinola  on Tuesday stated that the Economic and Investment Summit is  scheduled to hold between November 19th and 21st.

Akinola, who is also the Summit Planning Chairman explained that the summit would assist at repositioning  the state from being a civil service state to economy hub in the country.

He further said the  summit would provide an opportunity to bring the state government, potential local investor and international investors together to exploit the opportunity of collaboration and partnership.

According to him, “This is going to be a platform where the state will be looking inward to grow the immense economic potential of the state and as well showcase Osun as a strategic location for industrialisation.

“We are going to look at the area of agriculture where cocoa economy will be revamped. This is going to be a paradigm shift in the annals of our economy as we want to change completely the mentality of being the civil service state to industrialised and agro-economic state. We have the ecological advantage to advance our economy. We want to become a regional commercial hub.

“We have mining assets which if properly harnessed  can help to boost the economic potentials of the state. We want to regulate the sector for the benefit of the people and the state. Already,  Osun is officially on the global mining map.

“We also want to look into the  tourism sector by developing our tourist sites. We are looking at eco-tourism through exploration of the economic potentials at Osun Grove, Olumirin Waterfalls, Opa Oranmiyan tourist site in Ile-Ife and the state’s textile economy. We will revitalise the economy around these assets.

“Osun has been known as a regional hub for commerce. People then, moved from far and near to Osogbo to buy and sell. So, we are going to reactivate this for the benefit of the state and her people. We are glad that we have aggressively developed infrastructure. Our infrastructure renewal will go a long way to achieve this aim. Since our state is among the safest in the country, we  will also also market that to attract investment and investors “,  he added.

Also speaking,  Prof. Olalekan Yinusa, the Supervisory Director for the state Ministry of Budget and Economic Planning, the summit would expose the economy and investment opportunities in the state in line with 10 Years economy plan of the state government.

Yinusa, who is also the Summit Planning Co-Chairman, said  since 2019 is the first year for implementation of economy plan,  the summit would also  dwell on infrastructure, human capital and sustainable development.

He said the summit  would also serve as an intellectual economic forum where cross vitalisation of ideas, opinions and views that would help to chart a new course and a workable economic roadmap for the state.

In her remarks,  the Commissioner of Information and Civic Orientation, Mrs. Funke Egbemode sought for cooperation from the media by giving necessary publicity to present efforts towards economic revolution in the state.

She noted that the state,  asides having comparative advantage in some critical sectors also has inherent opportunity of stable electricity.

Egbemode described the relatively stable electricity supply in the state as a spectacular advantage of great interest to every investor,  saying ” these are some of those things we are going to showcase as our selling points”.



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