Oyo APC Governorship Aspirant Promises to Transform State’s Economy

By Ikenga Chronicles August 31, 2017

Oyo APC Governorship Aspirant Promises to Transform State’s Economy

Professor Adeolu Akande, a governorship aspirant under the platform of the All Progressives Congress (APC) in Oyo State, has made a promise to see to the transformation of the economy of the state.

Akande has recognised Agriculture, Solid Minerals and Tourism as the three key sectors that call for attention in the state.

The governorship aspirant, in a statement insisted that a strategic engagement of the three sectors has the capacity of expanding the economy of the state.

According to him, “Oyo State is blessed with 28,454 square kilometres of arable land, which can be exploited for agriculture.

“Our comparative advantage in agriculture is cassava, poultry and fishing. We produce about 20 per cent of the 54 million tonnes of cassava produced in Nigeria.

“The fact that Nigeria exports less than one per cent of this product, but imports cassava products worth more than N1tn every year means there is a huge market to exploit both locally and internationally.

“Can we double or triple our production? With an expansive land mass and an army of youths who are looking for employment, what is left for Oyo State is the strategic engagement of agriculture to drive its development.

“For instance, Nigeria imports 98 per cent of her ethanol consumption at a value of N800bn. A substantial part of this will come to Oyo State if we focus on cassava cultivation to satisfy domestic and industrial needs.

“What we need to do is to attract youths to agriculture, bring in science and technology, encourage large scale commercial farming and enthrone a comprehensive programme of support for small holding farmers.”