The Oyo State government has restated its commitment to the promotion and growth of indigenous businesses and cultural enterprises across the state.
Commissioner for Investment, Trade, Cooperatives and Industry, Adeniyi Adebisi, dropped the hint when he received the Chief Executive Officer of Ayinke Alagbo Herbals, Dr Chief (Mrs) Taofikat Ayinke Bello in his office in Ibadan.
Adebisi lauded Ayinke Alagbo for her consistency, entrepreneurship, and contribution to the promotion of indigenous knowledge and small-scale enterprise development in Oyo State.
He reaffirmed the commitment of Governor Seyi Makinde’s-led administration to create an enabling environment for Micro, Small and Medium Enterprises (MSMEs), including those operating within the traditional medicine, creative, and cultural sectors.
He stressed that indigenous businesses remain critical to economic diversification, job creation, and cultural preservation, pledging that the Ministry would continue to support initiatives that align with the State’s economic development agenda.
On his part, the Permanent Secretary of the ministry, Mr. Olajide Okesade, noted that the ministry’s support for the Ayinke Alagbo Day Carnival was in tandem with its mandate to encourage local industries and promote sustainable investment opportunities within the state.
He said the ministry would continue to partner with credible indigenous enterprises that contribute to economic growth and cultural promotion.
Earlier, the Chief Executive Officer of Ayinke Alagbo Herbals, Dr.Chief (Mrs) Taofikat Ayinke Bello, said the visit was to express appreciation to the ministry for its presence and participation at the Ayinke Alagbo Day Carnival, held on 30th December 2025 in Ibadan, a major cultural and commercial event that formed part of the state’s vibrant end-of-year activities.
Ayinke Alagbo appreciated the Oyo State government for recognising and supporting home-grown businesses, particularly those rooted in traditional knowledge, culture, and wellness.
Oyo Govt Pledges to Promote Growth of Indigenous Businesses
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