For Oyo State, true economic development means reaching beyond its urban centres. While cities like Ibadan and Oyo drive commerce and industry, the vast rural landscape remains the foundation of the State’s rich farmland and agricultural strength. Agribusiness presents the most effective tool to bridge this gap, transforming rural communities from zones of subsistence to hubs of productivity, innovation, and enterprise.
By investing in rural agribusiness, Oyo State is not only decentralising economic growth but also opening its doors to investors seeking new frontiers of opportunity. Initiatives such as the Fasola Agribusiness Transformation Centre, and the newer projects in Eruwa and Ijaiye, are designed to spread development, attract investment, and create sustainable jobs across the state. With a government committed to building the infrastructure that supports success, these hubs will serve as thriving centres of commerce offering investors access to fertile land and growing markets as opposed to processing activities only.
As farmers gain access to modern tools, better financing, and structured value chains, rural communities are evolving into centres of production and commerce. Roads, storage facilities, and energy systems built to support agribusiness are also improving the overall quality of life in these areas. The ripple effect is clear: where agribusiness thrives, economy improves, food prices reduce, productivity rises, jobs are created, investment flows and schools, healthcare, and other essential services follow.
This approach to balance growth across the State is not just about spreading wealth; it is about building resilience and self-sufficiency across all regions. Every new agribusiness venture established within the State strengthens the State’s overall economy and reduces pressure on urban migration.
As Oyo State deepens its drive for agricultural industrialisation, agribusiness stands as the bridge between rural opportunity and shared prosperity. By nurturing this connection, every community; within the State, can grow together toward a stronger, more balanced economy.