The President of Oyo State Council of Chambers of Commerce, Industry, Mines and Agriculture (OYCCIMA) Dr Daniel Gbadero, has explained the rationale behind the forthcoming Oyo State International Trade Fair in the state.
Gbadero gave the reason while speaking at a press conference helrading the Oyo State International Trade Fair with the theme “Achieving Food Security and Economic Stability in Oyo State through massive investment in agriculture” on Wednesday.
The press conference was attended by the Commissioner for Trade, Commerce, Cooperative and Industry, Mr Adebisi Adeniyi who was represented by Mr. Jide Okesade, Chief Wole Akinwande, Mr Abiola Alli, market leaders and artisans across the state.
Gbadero while speaking noted that the trade fair is being organised in collaboration with the state government.
He explained that the state is endowed with vast arable land, a favourable climate and a rich agricultural heritage.
He however regretted that food insecurity remains a challenge due to underinvestment in critical agricultural infrastructure, limited access to modern farming techniques and post-harvest losses.
He said that one is the ways to reduce food insecurity is for the people of the state to focus on massive investment in agriculture.
Gbadero while speaking further, maintained that with enhanced productivity and modern agricultural practices, the state can become the food basket of Nigeria and a key exporter of agricultural products.
He added that governor Seyi Makinde will declare the trade fair open.
“This year’s trade fair is themed “Achieving Food Security and Economic Stability in Oyo State Through Massive Investment in Agriculture.” This theme reflects the urgent need to harness the agricultural potential of our great state to guarantee food sufficiency, create employment opportunities, and drive economic growth. Why Agriculture? Oyo State is endowed with vast arable land, a favourable climate, and a rich agricultural heritage.
“However, despite these advantages, food insecurity remains a challenge due to underinvestment in critical agricultural infrastructure, limited access to modern farming techniques, and post-harvest losses. By focusing on massive investment in agriculture, we can transform the sector into a sustainable driver of food security and economic prosperity.
“Promote Agribusiness and Value Addition – Encouraging the shift from subsistence farming to commercial agriculture through mechanization, improved seedlings, and value-chain development. Enhance Partnerships and Collaborations – Connecting farmers, agribusiness owners, research institutions, and financial institutions for mutually beneficial collaborations.
“Encourage Youth and Women Participation – Showcasing opportunities for the youth and women in agribusiness, thereby reducing unemployment and poverty in the state. Strategic Importance to Economic Growth Investment in agriculture is a direct investment in the economy. Studies have shown that agriculture contributes significantly to GDP growth, reduces dependence on food imports, and ensures price stability in the market.
“With enhanced productivity and modern agricultural practices, Oyo State can become the food basket of Nigeria and a key exporter of agricultural products. I call on government agencies, private investors, financial institutions, research bodies, and development partners to actively participate in this trade fair, Together, we can unlock the full potential of our agricultural sector, ensuring food security and economic stability for generations to come.
“To our esteemed members of the press, we rely on your support to amplify the message of this trade fair. Your role in disseminating vital information cannot be overemphasized, and we appreciate your continued partnership. Conclusion As we count down to April 4th, let us work collectively to make this trade fair a resounding success. I encourage everyone-farmers, entrepreneurs, policymakers, and investors-to seize the opportunities this event will present. Thank you, and see you all at EXPOYO Ground, Samonda, Ibadan”.
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