The Oyo State Government says it is committed to improving the business environment in order for small and medium scale enterprises to thrive and attract more investment into the state.

The Commissioner for Trade, Industry, Investment, and Cooperatives, Mr. Olasunkanmi Olaleye, made this assertion in a statement he made available to journalists on Wednesday in Ibadan.

According to the statement, Olaleye spoke against the backdrop of the Ibadan Business Festival which began on Nov. 21 at the Trans Amusement Park, Ibadan.

He said that the state government would be willing to offer necessary assistance to investors, young entrepreneurs, and others in realizing their potential.

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“The state government has provided structured security architecture for businessmen and investors to operate unhindered in the state.

“The pillar of any meaningful development in any nation is security hence the ranking of Oyo State as one of the safest states in the nation for the transaction of business opportunities,” he said.