Seyi Makinde Announces Oyo State's Third Place in Business Ease

On October 27, 2026, Oyo State Governor Seyi Makinde announced that Oyo State ranks third in Nigeria for ease of doing business. He attributed this achievement to deliberate policies and sustained investment in economic infrastructure.

Makinde made this statement during the opening ceremony of the 2026 Oyo State International Trade Fair, themed “Trade Without Borders: Connecting Oyo Entrepreneurs to Africa’s Business Opportunities,” held at the Permanent Trade Fair Complex in Samonda, Ibadan. He urged stakeholders to sustain and build on this achievement, emphasizing the importance of harnessing available opportunities for prosperity.

Represented by Prof. Salihu Adelabu, the Commissioner for Investment, Trade, Cooperatives and Industry, Makinde highlighted the need for stronger collaboration between the government and chambers of commerce. He noted that Oyo State is the only sub-national government in Nigeria registered as a member of the African Continental Free Trade Area, enhancing its capacity to leverage continental trade opportunities.

The fair was organized by the Oyo State Government and the Oyo State Chamber of Commerce, Industry, Mines and Agriculture.