From Our Correspondent
An estate developer, Mr Adelaja Adeoye, has tasked the Federal Government to develop fiscal and monetary policies capable of attracting property investors to Nigeria.
Adeoye gave the advice during an interaction with newsmen, on Friday, in Ibadan.
TheNewsZenith reports that the developer of Rayfield Gardens City Estate and Westmead Mall.
He said such economic-friendly policies would attract serious investors, which would enhance the country’s socio-economic growth.
According to him, the nation’s economic future is bright based on some of the economic policies of President Bola Tinubu’s administration.
“There will be light at the end of the tunnel for Nigerians,” TheNewsZenith quotes him as saying.
The property expert acknowledged the impact of the real estate sector on Nigeria’s economy.
He expressed hope that things would soon change for the better with the government’s economic initiatives.
Adeoye said more people would afford their preferred landed and real properties “when the economy is good”.
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He also commended Gov. Seyi Makinde’s efforts at positioning Oyo state as a prime investment destination.
“Makinde’s administration has prioritised the growth of the state’s economy.”
According to him, this growth has impacted positively on the state’s Internally Generated Revenue (IGR).
“Oyo State has witnessed an influx of Medium, Small and Micro Economics (MSMEs) and large-scale industries into the state.
“This is inclusive of a multinational oil and gas company.
“The state government’s effort to create a conducive business environment has been fruitful with the establishment of the Oyo State Investment and Private Public Partnership Agency (OYSIPA).
“Initiatives such as the Oyo State Agribusiness Development Agency (OYSADA) and OYSIPA have facilitated investments and provided support for SMEs.
“It has also promoted agribusiness development in the state,” TheNewsZenith quotes Adeoye as saying.
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