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Oyo State Govt. to Revamp Moribund Companies

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March 9, 2020
in Nation, Top News
Reading Time: 1 min read
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Oyo State Govt. to Revamp Moribund Companies
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Oyo State Government has vowed to revamp all the moribund companies in the state, stressing that the nation could not get out of its economic mess without being a producing nation.

The Director General, Oyo State Investment and Public-Private Partnership (OYSIPPP), Hon Segun Ogunwuyi, who stated this recently, when the Executive Secretary, Manufacturers’ Association of Nigeria (MAN) paid him a visit said that the Peoples Democratic Party, (PDP) led administration in the state has positioned the state for industrial growth earnestly working to provide needed infrastructure to support industrial growth.

Ogunwuyi said that the determination to make the state an industrial state is responsible for the construction of good road network across the state as well as investing heavily on agriculture.

He said, “Oyo State has made available all required variables that drive industrialisation of a State, be it good road network, security of lives and properties and empowerment of the citizens in small scale businesses and in agriculture. We know what a potential investor wants in an environment and that is what this present administration has been putting in place since its inception. There are on-going road networks across the state that will make transportation of goods and people less stressful, workers can heave a sigh of relief because of our free education policy and our youths are no more idle, they are into agriculture or small scale businesses. Most of the moribund assets of the state are being revamped to create wealth and job opportunities for the people”.

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Tags: Hon Segun OgunwuyiMoribund companiesOyo State Govt
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