Governor Seyi Makinde of Oyo State is set to inaugurate a 3,000-hectare agribusiness industrial hub in Eruwa, Ibarapa East, this November.
Dr. Debo Akande, Director General of the Oyo State Agribusiness Development Agency (OYSADA), confirmed this development during an exclusive interview.
The Eruwa project, three times the size of the existing Fashola Agribusiness Industrial Hub, aims to boost agricultural production in the state, with strong investor interest already secured.
Read also:
- Khalifa fund displays over 15 SMEs at Emirates forum
China’s SME landscape sees steady growth, innovation drive- Oyo unveils export-ready yam, cassava, plantain flour to boost non-oil trade
- High interest rates hurting SMEs, reps tell CBN
- DBN targets N1.8tr loan portfolio, 2m jobs in 5yr MSME plan
Dr. Akande highlighted that the hub would support local food supply rather than exports, addressing concerns over product availability for nearby communities.
Following Eruwa, the state plans to establish another agribusiness hub in Ijaye as part of its expansive agricultural vision.
Discover more from SMALL BUSINESS INSIGHTS
Subscribe to get the latest posts to your email.
