Oyo State House of Assembly has approved the Issuance of Bond to finance the remodeling of Agbowo ultra modern shopping complex in Ibadan.
The state governor, Engr Seyi Makinde’ had in a letter forwarded to the House of Assembly for approval of Bond to finance the project.
Thr Speaker, Rt. Hon. Adebo Ogundoyin read the letter at the Plenary on Tuesday.
The.remodeling of the Complex as stated in the letter is aimed at enhancing business activities and boost internally generated revenue in Oyo.
Rt. Hon.Ogundoyin emphasized the importance of preserving the complex as part of Oyo State’s heritage.
He noted that it used to be one of the largest shopping malls in the state.
The Deputy Speaker, Hon. Muhammad Abiodun Fadeyi and Hon. Babajide Gabriel Adebayo (Ibadan North 2) also expressed their supports for the remodeling project.
Hon. Adebayo commended Governor Makinde for responding to the needs of his constituents, where the complex is located.
The remodeling is expected to restore the complex’s lost glory and boost economic activities in the area.
The Agbowo Shopping Complex, a strategic commercial hub, has suffered significant deterioration over the years.
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