The government of Oyo State has said that it will ensure an all-round success of the African Development Bank (AfDB)- backed Special Agro-Industrial Processing Zone located in the state.
The Secretary to the State Government (SSG), Mrs Olubamiwo Adeosun, stated that the administration will continue to give necessary support to ensure the success of the SAPZ.
While speaking at the Senior Level Engagement and Strategic Case Workshop in respect of the Special Agro-Industrial Processing Zone (SAPZ) project by the United Kingdom Nigeria Infrastructure Advisory Facility, held at the Bon Hotel, Bodija, Ibadan, Adeosun stated that the state was determined to expand it’s economy via the agribusiness value chain.
She maintained that Oyo State is privileged to have been selected as one of the pioneer states for the Special Agro-Industrial Processing Zone, saying that the project will give room for structural transformation in agriculture.
She said: “A project to the tune of $210million, that can impact some 1.5 million households and create not less than 400,000 direct jobs and 1.6 million indirect jobs across the six states in its phase 1, is not one that we are ready to toy with.”
She hinted that the present administration will continue to develop the three farm products including cassava, soybean and rice as requested by African Development Bank (AfDB) to expand the state’s economy.
The SSG explained that the Special Agro-Industrial Processing Zone, will not only boost economic activities through agribusiness but also help to engage teeming youths in the state.