17/10/2025
*Oduwole endorses Sigvent Industrial Cluster, says project will unlock Ogbomoso’s economic potential*
The Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, has endorsed the Sigvent Industrial Cluster Limited as a transformative project capable of unlocking the vast economic potential of Ogbomosoland, while driving industrialisation, innovation, job creation, and enterprise development.
Dr. Oduwole made the remarks at the Ogbomoso Economic Summit held in Ogbomoso, Oyo State, where she commended the promoters of the Sigvent Industrial Cluster for their vision and commitment to inclusive economic growth.
According to the Minister, the initiative aligned with the Federal Government’s industrialisation strategy, which prioritized private-sector-led growth, innovation, and sustainable job creation across the country.
“The Sigvent Industrial Cluster represents a forward-thinking approach to regional development. It will stimulate investment, promote research and innovation, and create opportunities that empower local enterprises and communities,” Dr. Oduwole said.
The summit attracted captains of industry, political leaders, investors, and policymakers, and also featured the Soun of Ogbomoso, Oba Ghandi Afolabi Olaoye (Orumogege III), who commended the Minister for recognising Ogbomoso’s potential as an emerging industrial hub.
Dr. Oduwole reaffirmed the Ministry’s commitment to supporting the project, stressing that it would serve as a catalyst for value addition, skills development, and economic diversification.
“The Ministry of Industry, Trade and Investment will continue to back initiatives like this that promote sustainable industrialisation, create decent jobs, and enhance Nigeria’s competitiveness,” she added.
Stakeholders at the event described the endorsement as a major boost to investor confidence, expressing optimism that the project would attract both local and foreign investments and transform Ogbomosoland into a thriving centre of commerce and innovation.
Ajilete Broadcast