Oyo State is eager to partner with the United States to unlock investment opportunities in solid minerals, agribusiness, energy, and education.
Governor Seyi Makinde, represented by Deputy Governor Bayo Lawal, made the announcement during a visit by the U.S. Consulate General delegation to Ibadan.
“We warmly welcome you to Oyo State and assure you that we possess vast potential that can be leveraged in mutually beneficial partnerships,” Lawal said. He highlighted the state’s commitment to solid minerals development, noting that Oyo is rich in mineral resources, with nearly half of its landmass containing diverse deposits ready for exploration.
The governor also emphasized the state’s agribusiness focus. “We believe it is essential that we can feed our people,” Lawal added, pointing to the state’s growing agricultural initiatives, which have already attracted international interest, such as a recent visit from Sierra Leone’s President.
On energy, Lawal stressed the state’s commitment to improving power supply to support industrial growth, revealing plans to construct an 11KVA hybrid power plant to alleviate power challenges.
Kenise Hill, Deputy Chief of the U.S. Consulate General’s Political and Economic Section, acknowledged the immense trade and investment potential in Oyo, committing to exploring new opportunities.
“Our aim is to connect U.S. industries with Nigerian public and private sector players,” Hill said, also noting the possibility of U.S. infrastructure grants for the state.
The delegation, which included representatives from the U.S. Embassy, is exploring ways to enhance cooperation in areas like solid minerals, education, and agribusiness.