Governor Seyi Makinde of Oyo State has reaffirmed his administration's commitment to creating a conducive and enabling environment for technology companies to thrive in the state. Speaking at a recent gathering of stakeholders in the tech industry, the Governor emphasized Oyo State's strategic efforts to support innovation and technological advancements as part of its broader economic development agenda.
Governor Makinde highlighted the state's ongoing infrastructure developments, including the expansion of broadband connectivity and improvements in power supply, as key drivers of growth in the tech sector. He noted that these investments were made with a clear goal of attracting both local and international technology companies to the state, positioning Oyo as a hub for innovation in Nigeria.
“Oyo State is rapidly becoming a central player in the nation's technology ecosystem. Through strategic investments in infrastructure, education, and a business-friendly regulatory environment, we are ensuring that tech companies have the resources and support they need to flourish,” Governor Makinde said. “Our vision is to establish a robust, sustainable ecosystem where tech companies can innovate, scale, and create job opportunities for our youth.”
In addition to infrastructural developments, the Governor also referenced Oyo State's efforts to foster collaboration between government agencies, private investors, and educational institutions. The government has created platforms to support the growth of tech start-ups, including funding initiatives, incubators, and mentorship programs. These initiatives are aimed at bridging the gap between young entrepreneurs and the capital or expertise they need to turn their ideas into viable businesses.
Oyo State's commitment to building a tech ecosystem was underscored by the presence of several tech start-up founders, investors, and industry experts who praised the state's progressive policies and efforts to facilitate business growth.