Osun has potential to generate revenue from agric, tourism, culture — Panelists

Osun State identified as an investment destination in Nigeria, just as it is also adjudged as one of the few states in Nigeria that have the potential that can accelerate industrial, commercial and infrastructural developments in the country.

Osun State is said to have unique potential that spread across sectors and all spheres of human endeavours.

These were the submissions of panellists at the ongoing 2019 Osun Economic and Investment Summit holding in Osogbo, the state capital.

Speaking at the day two session of the summit, the panellists, including the chief executive officer (CEO), Niger Delta Power Holding, Mr Chiedu Ugbo; Stanbic IBTC China Coverage Manager, Mr Zhou Bin; Country Director, Halcrow Infrastructures, Mr Tomiwa Aregbesola; CEO, Chapel Hill Denham Group, Mr Bolaji Balogun, and vice president, Power and Gas, Siemens, Mr. Nasir Giwa, all described the state as a socioeconomic haven.

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The panellists who spoke on the topic: ‘Developing Infrastructure to Support Industrial Development and Economic Growth’ acknowledged the economic opportunities created by the state through infrastructure development.

They urged investors to tap from the abundant resources that Osun is blessed with, saying the state had made significant changes in all the sectors of the economy, particularly in education, infrastructure and agriculture.

While describing the state as an industrial hub, the panellists urged the state government not to relent in its efforts to woo investors by showcasing its potential.

Also, some of the panellists who spoke on the need for the state to unlock its potential in culture, tourism and creative economy for sustainable development, said there was a need for the government to do more to ensure a drastic change in the sector.

They described Osun as a tourist destination and investment haven, saying Osun is primed to contribute significantly to the growth of the sector to generate employment opportunities.

One of the panellists, Mr Tunde Kelani, CEO Mainframe Film and Television Production, said, “there is a need to develop and upgrade all the tourist centres to make them attractive.”