The Oyo State Government has unveiled Omituntun 2.0 export initiative tagged “Operation Double Your Export”, including that the initiative will permit key gamers within the export ecosystem to chart a sustainable path for elevated non-oil exports within the State.
The assembly engaged main stakeholders on export progress in Oyo State.
The Commissioner for Investment, Trade, Cooperatives and Industry, Hon. Adeniyi Adebisi, made this identified immediately throughout the stakeholders’ engagement held on the ministry’s convention room in Ibadan.
Hon. Adebisi emphasised that the assembly was a strategic transfer by the State to deepen collaboration with regulatory businesses, agro-allied entrepreneurs, {financial} establishments, and exporters to spice up Oyo’s presence in worldwide markets.
He famous that Oyo State is set to harness its comparative benefit in cashew, cocoa, shea butter, cassava, and different agro-allied merchandise to unlock wealth, create jobs, and enhance internally generated income.
The Commissioner mentioned that Oyo State is the primary subnational in Africa to develop African Continental Free Trade Area (AfCFTA) technique, attracting a go to from the AfCFTA Secretary General.
Leveraging its location and commerce infrastructure, the state goals to spice up {economic} progress, scale back poverty, and align with continental commerce protocols.
Key initiatives embody AfDB recognition as an agro-processing zone and regional cooperation with Southwest states.
Oyo units a mannequin for subnational management in Africa’s {economic} integration.
The Commissioner defined ongoing State interventions in regulatory reforms and export facilitation.
These embody participating businesses just like the Federal Competition and Consumer Protection Commission (FCCPC), establishing a Trade Grievance Resolution Office, and supporting govt payments to ease export processes.
He urged stakeholders to deliver ahead export-related legislative strategies by the Ministry, saying, “If you have a legislation that works for you, come to us. It is better and faster to go as an executive bill than for you to do it individually. Why waste time and resources?”
He additionally cited the instance of branding Ogbomoso cashew for international visibility, stating: “If it requires that we produce bags and write ‘Ogbomoso’ on them, we will move cashew successfully for exportation.”
The Permanent Secretary, Mr. Olajide Okesade harassed the Ministry’s imaginative and prescient to transition from an area commerce mindset to a structured, export-driven economic system.
The President, Oyo State Shippers Association and CEO of Oklan Best Nigeria Ltd., Mrs. Elizabeth Olanrewaju Nwanko shared insights from her expertise exporting beans, yam, egusi, and fish to Europe and North America.
She recognized limitations similar to excessive tariffs, lack of correct product certification, and the tendency of exporters to route items by Ghana, Togo, and Benin Republic as a consequence of their friendlier commerce insurance policies.
She advocated for land allocation in Ogbomoso, Shaki, and Tede for cashew and shea plantations, use of GPS for farm monitoring, and enforcement of tree-felling legal guidelines. “There’s global demand for 500,000 metric tons of shea butter—Oyo can tap into this if we act strategically,” she emphasised.
The consultant of the Nigerian Aviation Handling Company (NAHCO), Prince Aderemi Adejobi, revealed that NAHCO has established export processing facilities in Lagos and plans to copy them in different cities.
These facilities purpose to assist farmers meet worldwide requirements, scale back spoilage by cold-chain infrastructure, and eradicate export rejection dangers.
He harassed that these hubs might be important in aggregating farm produce for environment friendly and compliant export operations.
