OYO STATE

Overview

Oyo State popularly referred to, as the “Pace Setter” is one of the 36 States of the Federal Republic of Nigeria. It came into existence with the break up of the old Western State of Nigeria during the State creation exercise in 1976 and it originally included Osun State, which was split off in 1991. The first university in Nigeria is the University of Ibadan (established as a college of the University of London when it was founded in 1948, and later converted into an Autonomous university in 1962).

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Oyo State Snapshot

  • Total land area: 26,500 Sq. Km
  • Capital: Ibadan
  • Local Government Areas: 33 LGAs: Akinyele, Afijio, Egbeda, Ibadan North, Ibadan North-East, IbadanNorth-West, Ibadan South-West, Ibadan South-East, Ibarapa Central, Ibarapa East, Ido, Irepo, Iseyin, Kajola, Lagelu, Ogbomosho North, Ogbomosho South, Oyo West, Atiba, Atigbo, Saki West, Saki East, Itesiwaju, Iwajowa, Ibarapa North, Olorunsogo, Oluyole, Ogo Oluwa, Surulere, Orelope, Ori Ire, Oyo East, Ona Ara.
  • Population: 5,580,894 (Male- 2,802,432 and Female- 2,778,462)
  • Vegetation: Rain forest in the south and guinea savannah in the north.
  • Major crops: Maize, Yam, Cassava, Millet, Rice, Plantain, Cocoa, Oil Palm and Cashew
  • Solid minerals: Clay, Kaolin and Aquamarine

 

Main Investment Opportunities

Opportunities for investment exist in:

  • Agribusiness
  • Light Manufacturing
  • Healthcare
  • Tourism
  • Energy
  • Mining