Gov. Seyi Makinde said natural resources alone cannot guarantee a prosperous national economy.<\/p>\n
Makinde stated this on Wednesday at the\u00a010th anniversary celebration and inauguration of the CapitalSage Holdings Global Headquarters in Ibadan<\/p>\n
According to the governor, sustainable growth depends on entrepreneurship, skills, knowledge and intensive production.<\/p>\n
He noted that while Nigeria is richly endowed with natural resources, sustainable economic prosperity depends on entrepreneurs\u2019 willingness to take risks, innovate, and invest.<\/p>\n
He stressed that states and nations that had achieved real prosperity did so by moving beyond resource abundance to building human capital and productive enterprises that create jobs and value.<\/p>\n
He noted that Oyo State\u2019s economic transformation agenda was anchored on supporting entrepreneurs and private sector-led industrialisation as a pathway to shared prosperity.<\/p>\n
The governor assured investors of his administration\u2019s continued support through enhanced security, investment facilitation, and other measures aimed at promoting business expansion and economic growth.<\/p>\n
He urged stakeholders to recognise the critical role of private businesses in creating economic opportunities, generating employment, and strengthening local industries.<\/p>\n
Makinde, who described the inauguration as a celebration of entrepreneurship, congratulated the company on building a thriving business conglomerate, comprising about 20 companies.<\/p>\n
He added that having the conglomerate\u2019s headquarters in Ibadan would further reinforce the city\u2019s position as a leading business hub and investment destination.<\/p>\n
He also expressed the state\u2019s confidence in competing favourably with Lagos in attracting investments and hosting major business operations.<\/p>\n
He assured investors that his administration remained committed to supporting businesses to grow and expand, describing a thriving private sector as key to the state\u2019s economic future. (NAN)<\/p>\n","protected":false},"excerpt":{"rendered":"Gov. Seyi Makinde said natural resources alone cannot guarantee a prosperous national economy. Makinde stated this on Wednesday…\n","protected":false},"author":2,"featured_media":817150,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-817149","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/817149","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=817149"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/817149\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/817150"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=817149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=817149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=817149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}