Oyo seeks to attract investors in the hospitality industry to drive economic expansion.

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“Oyo State Government Invites Hospitality Investors to Capitalize on Booming Business Environment”

The Oyo State government’s recent call for investors in the hospitality sector comes at a time when economic trends are pointing towards the importance of entrepreneurship and innovation in driving economic development. With the state’s commitment to creating a conducive business environment, there is a clear opportunity for investors to deepen their investments and contribute to the growth of the region.

Seun Ashamu, the state energy commissioner, emphasized the government’s dedication to fostering a business-friendly climate during the opening of Sooyah Bistro, an indigenous quick-service restaurant in Ibadan. This move not only showcases the state’s commitment to economic growth but also highlights the potential for Oyo State to become a hub for investment in the region.

The expansion of Sooyah Bistro in Ibadan is a testament to the enabling business environment and growth potential of the state, as noted by Ashamu. The founder of the outfit, Olamidun Ogundoyin, has been commended for her dedication to providing excellent services and creating opportunities for citizens. This commitment to quality and excellence is a driving force behind the success of Sooyah Bistro and reflects the entrepreneurial spirit that is propelling Oyo State forward.

Adebo Ogundoyin, speaker of the Oyo State House of Assembly, also praised the efforts of Sooyah Bistro in bringing people together through good food and warm hospitality. The opening of a new branch marks a significant milestone in the brand’s journey and showcases the vision to celebrate Nigerian food and culture both nationally and internationally.

Olamidun Ogundoyin, founder and CEO of Sooyah Bistro, expressed excitement about bringing their unique brand of ethnic cuisine to Ibadan, a city that shares their values of culture, community, and entrepreneurship. The expansion to Ibadan represents a dream come true for the company, and they are eager to further explore the business-friendly environment of the capital city of Oyo.

Starting with a Suya Mallam and N20,000 worth of stock in 2018, Sooyah Bistro has grown organically, driven by the support of their loyal customers. The company’s commitment to quality has been a key factor in their success, and they remain dedicated to upholding this standard as they continue to expand their presence in the region.

Overall, the Oyo State government’s invitation to investors in the hospitality sector aligns with the current economic trends emphasizing the importance of entrepreneurship and innovation in driving economic development. With a focus on creating a conducive business environment, Oyo State is well-positioned to attract investors and become a hub for economic growth and development in the region.