Under the Oyo State Agribusiness Development Agency (OYSADA), the Oyo State Government collaborated with IITA and other partners to organize a summit themed: “Oyo Agribusiness Summit 2021.” The summit, which had some financial institutions and ambassadors from other countries in attendance, took place from 25 to 27 October and was a platform to showcase and promote agribusiness.
In his welcome address, OYSADA Director General Dr Adebowale Akande highlighted Oyo State’s passion for promoting agribusiness as it is “the way to go” for economic development. Akande noted that Oyo State has adequate land for agriculture to meet the needs of the increasing population and growing middle class. “We will leverage the comparative agricultural advantage such as youth, talented workforce, and strategic location as a pathway to millions of consumers in domestic and regional markets to become sub-Saharan African agribusiness hub,” he said.