Categories: Entertainment

Why we launched ‘OjajaMore’ —Ooni of Ife

Published by

To create jobs, encourage large and small-scale farming to globalise made-in-Nigeria products via the federal government initiative of patronising locally made products to grow the naira, the Ooni of Ife, Ooni Adeyeye Babatunde Ogunwusi Ojaja II last week launched OjajaMore retail outlet situated on Ibadan-Ile-Ife road. The mall, constructed with 100 per cent local content will be a hub for 70 per cent made in Nigeria goods, which will increase the demand for well-packaged Nigerian-grown organic farm produce.

The launch of the massive groceries and retail outlet further rekindled His Imperial majesty’s quest to key into the federal government and Central Bank of Nigeria’s (CBN) idea of creating a viable economy that demystifies the teeming demand for dollar for commodity exchange transforming Nigeria from a consuming to producing economy where the country can deviate from an oil driven economy to exploring other readily available options. OjajaMore will give special preference to homegrown commodities to help reduce drastically importation of foods by increasing investment opportunities and creating jobs for the youth demography.

Ooni also showed his displeasure for the obnoxious demand for dollars by importers which is putting massive pressure on the naira. ‘The high demand for scarce dollar is the cause of our dwindling economy and currency. Nobody wants to transact in naira again. Most people prefer to swap their naira for dollar. It’s a very sad situation I must confess. Other than lamenting, we have salvaged the situation with the creation of OjajaMore to crash the incessant demand for dollars and put naira at a great advantage for economic boom.’

The Ooni, in his remarks, disclosed that the OjajaMore idea was conceived as a result of his burning passion, driven by youth empowerment, technology advancement and economic prosperity.

“OjajaMore remains one of the profound, timeless initiatives that I envisioned for the modernisation of Ile-Ife, Osun State and other Nigerian cities. It is a triumph and regeneration of retail economies, a reservoir of seamless opportunities for new agro-commodities markets significantly improving access to B2B value chains, a social sanctuary for groceries and other products, and an iconic global brand name that will leave indelible marks on young people through job creation, resolving commoditisation issues and harnessing the integration of locally built flawless novelty digital transactions.”

Ooni also noted that we need to invest aggressively in promoting our local farming just like the Western Regional Government invested in Cocoa which became a massive source of income and proceeds made from it was used to fund education and some other capital project within the region. Many people went back to farming in place of white-collar jobs. This shows how economically viable farming can be. “The vision of OJAJAMORE as an indigenous entity with a modern continental outlook is to play a prominent role in people’s lives as conduct that provides relatable experiences beyond traditional shopping while driving a robust economic culture. Imagine Malaysia came to take Oil palm seedlings from Nigeria several decades ago today; they are the largest producer and exporter of oil palm products. That’s why we are using OjajaMore to rewrite the story and build a stronger future economically.” Ooni divulged.

Ooni Adeyeye however noted that his target is to expand beyond his kingdom with more outlets across Nigeria which will create a solid boundary of business growth, increase efficiency, and incorporate value-added elements that will span a remarkable experience and instill a deeper bond in customers.

ALSO READ FROM NIGERIAN TRIBUNE

Published by
Tags: Ife OjajaMore’ Ooni

Recent Posts

  • Latest News

33.5 million Nigerians face acute food insecurity in 2027 — Report

The Cadre Harmonisé has projected that 33.5 million Nigerians, including internally displaced persons (IDPs), across…

October 30, 2026
  • Latest News

Makinde begins N4.6bn compensation payment to circular road property owners

Oyo State Governor, Engineer Seyi Makinde, has announced the commencement of the payment of N4.6…

October 30, 2026
  • Latest News

NMS seeks value addition to Nigeria’s mineral resources for industrial growth

The Nigerian Metallurgical Society (NMS) has called for increased investment in local mineral processing, innovative…

October 30, 2026
  • Latest News

Reps threaten removal of illegal structures on power transmission routes

The House of Representatives Committee on Public Assets has threatened to remove illegal structures erected…

October 30, 2026
  • Metro

Insecurity: Troops kill over 217 terrorists, criminals in one month — DHQ

The Defence Headquarters (DHQ) announced on Friday that troops deployed across multiple operational theatres in…

October 30, 2026
  • Latest News

NDLEA warns paramilitary recruits against paying N7,500 for drug test

The National Drug Law Enforcement Agency (NDLEA) has warned new recruits into four paramilitary services…

October 30, 2026

This website uses cookies.