With abundant mineral resources,Oyo State government says it has provided the enabling environment to attract investors both foreign and local investors to the sector.
The State is blessed with minerals resources such as Talc and Talcose body, Feldspar, Granite, Quartz, Mica, Marble/Dolomite, Iron Stone, Gemstone, Gold among others,
Governor Abiola Ajimobi through his Special Adviser on Solid Minerals, Matthew Oyedokun noted that the state government has updated the database on mineral resources deposited in the state.
While promising continuous geological mapping for updating the existing mineral resources and discovery of new ones explained that the natural resources located in some Local Government Areas of the state are investors friendly and in turn allows for development.
It said that the investment sector in the State will be boosted with the available mineral resources assuring that enabling environment has been created for would be investors.
According to him, “the major determinant for the location of investments/industries is the availability and accessibility of resources. Hence, the State Government has embarked on aggressive provision of good motorable roads network linking the rural areas where most of the natural resources are located.
“Situating industries in these localities will bring royalties and employment opportunities to the people. It also will facilitate rapid development of the areas. The opportunities available will be of immense benefit to both the rural areas and the state as a whole,” the governor emphasized.
Ajimobi while reaffirming the State Government towards investing in exploration and exploitation of minerals resources. consequently urged land owners to accommodate investors.
Akinremi Feyisipo
