Oyo State Exits Botswana Maize Export Deal for Local Farmers

The Oyo State Government has clarified its withdrawal from a maize export deal with Botswana, emphasizing that the decision was based on data analysis aimed at protecting local farmers. The statement, issued by Dr Sulaimon Olanrewaju, Special Adviser on Media to Governor Seyi Makinde, noted that the administration had previously sought a bilateral agreement to enhance foreign exchange earnings for local farmers.

However, studies by the Oyo State Agribusiness Development Agency (OYSADA) indicated that large-scale maize export was economically unviable. The government stressed that this withdrawal does not signify a retreat from international agricultural engagement but rather a strategic pivot towards more profitable crops like cassava.

The administration highlighted its agribusiness achievements, including the Ijaye Agribusiness Industrial Hub and the Fasola Agribusiness Industrial Park, recognized by the African Development Bank as Nigeria’s first Agricultural Transformation Centre. Additionally, the government pointed to improved rural security and infrastructure projects aimed at reducing post-harvest losses and enhancing trade opportunities.