Oyo Govt Committed To Strategic Collaborations, Partnership For Economic Growth–Hon. Ademola Ojo

Oyo Govt Committed To Strategic Collaborations, Partnership For Economic Growth–Hon. Ademola Ojo

The Commissioner for Trade, Investment, Industry, and Cooperative in Oyo state, Hon. Ademola Ojo has reiterated commitment of the Seyi Makinde led government to strategic partnership and collaboration towards economic growth.

The Commissioner disclosed that part of such deliberate efforts include the current collaboration with traders associations, market leaders council and other critical stakeholders in the ongoing traders and artisans data capturing for proper economic planning and development.

Hon. Ojo who stated this today at a one day Symposium organized by the Department of Marketing and Consumers Studies, Faculty of Economics and Management Sciences, University of Ibadan, called for more synergistic partnership with the premier university.

The event tagged “Theory and Practice: Sustainable Marketing Strategy for MSMEs in a Turbulent Business Environment” had key stakeholders across various both academic and business environment in attendance.

The Ibarapa born Commissioner, who spoke on presented a paper titled “Flexibility, Residence, and Long-term Viability as Viable Nuggets for Sustainable Marketing Strategies for Small Scale Industries in Turbulent Environments” maintained that Makinde’s problem solving approach to the prevailing economic challenges have started yielding the desired results.

He equally assured that state government would not rest on its oasis but consolidate on the gains of the current achievement in micro economic development via series of deliberate measures that’s already surging the state’s economy back to light.

While commending organizers of the event for its timeliness, the Commissioner urged the management of the department as well as the event organizers to align his submission as contained in his paper presentation to allow for a more robust and holistic solution to the prevailing economic downturn plaguing small scale industries.

Speaking with journalists after his presentation Hon. Ojo said: “As a government we have embarked on some very strategic moves towards addressing issues of this discussion and I can assure you that Governor Seyi Makinde’s problem solving approach is already yielding the desired results.

“We’re also capturing data of traders and artisans across all the geopolitical zones of the state from the informal sector to the formal sector in order to open up more access and opportunities for them to be able to move from survival level to development level.

“At a time like this, it is not only critical but very expedient for government at all levels to be deliberate about commitments towards developing the micro economic players and actors because that’s one of the most viable way to keep the economy alive from the grassroots.

“I want to urge the organizer of this event and the management of this department to harmonize whatever would be arrived at the end of the discussion with our paper so that we could have something we can collectively work with going forward.”

Other stakeholders at the event who spoke acknowledged the need for a holistic approach to solving the current economic quagmire plaguing the nation’s Micro Small and Medium Scale Enterprises (MSMEs).