Just In – Oyo Assembly Approves Issuance of Bond to Finance Remodeling of Agbowo Shopping Complex

The Oyo State House of Assembly has approved Governor Seyi Makinde’s request to issue a bond for the remodeling of the Agbowo Shopping Complex in Ibadan.

This decision was made after the Governor’s letter of request was read on the floor of the House by Speaker Rt. Hon. Adebo Ogundoyin.

According to the letter, the remodeling aims to enhance business activities and boost internally generated revenue in Oyo State.

The Agbowo Shopping Complex, a strategic commercial hub, has suffered significant deterioration over the years.

The Speaker, Rt. Hon. Adebo Ogundoyin emphasized the importance of preserving the complex as part of Oyo State’s heritage.

He noted that it used to be one of the largest shopping malls in the state.

The Deputy Speaker, Hon. Muhammad Abiodun Fadeyi and Hon. Babajide Gabriel Adebayo (Ibadan North 2) also expressed their support for the remodeling project.

Hon. Adebayo commended Governor Makinde for responding to the needs of his constituents, where the complex is located.

The remodeling is expected to restore the complex’s lost glory and boost economic activities in the area.