The Appeal of Osun State for Potential Investments: Insights from an Aide of Governor Adeleke

In a recent panel discussion at the 2023 Fidelity International Trade and Creative Connect, Mr. ‘Yemi Owolade, Special Adviser to Governor Adeleke on Global Investments and Partnerships, highlighted the economic potential of Osun State, particularly in the areas of tourism, agriculture, and mining. He emphasized the state’s high viability for investments, with a focus on rejuvenating the mining sector to boost internally generated revenue.

During the panel discussion, Mr. Owolade outlined Governor Adeleke’s efforts to revitalize the state’s mining sector, with a specific aim to increase the internally generated revenue. He also discussed initiatives for environmental protection, community engagement, and development. In addition, he showcased the significant deposits of solid minerals in the state, particularly gold, and elaborated on the policy frameworks being implemented to attract investors and foster partnerships.

In his statement, Mr. Owolade extended an open invitation to potential investors and development partners, expressing the state’s willingness to welcome those interested in contributing to the advancement of Osun’s economy. He also mentioned the government’s comprehensive agenda to boost tourism, youth employment, social safety nets, and ease of doing business, with a particular emphasis on the participation of the youth in the state’s economic growth plan through the Osun Global Initiative.

Osun State’s inclination towards partnerships for economic growth and development bodes well for potential investors seeking avenues for long-term, sustainable investments. With a strategic focus on key sectors such as mining, tourism, and youth empowerment, the state presents a compelling proposition for those looking to partake in its economic expansion.

While there are indeed numerous appealing aspects for potential investors in Osun State, it is essential to note that investment decisions should be approached judiciously, with a thorough assessment of the economic landscape and potential opportunities. However, with the commitment from the state government to foster an enabling environment for investors, Osun State appears to be a promising destination for those seeking to contribute to its economic development.

In conclusion, the insights presented by Mr. ‘Yemi Owolade shed light on the investment potential of Osun State, particularly in the sectors of mining, tourism, and youth empowerment. As the state continues to position itself as an inviting environment for investors and development partners, it is worth monitoring the evolving investment opportunities in Osun, keeping in mind the imperative of conducting comprehensive due diligence prior to making any investment decisions.