Natural resources alone cannot ensure national prosperity, Makinde says

Oyo State Governor Seyi Makinde said natural resources alone cannot guarantee Nigeria’s economic prosperity. Speaking at CapitalSage Holdings’ 10th anniversary celebration and the inauguration of its global headquarters in Ibadan, he said sustainable growth depends on entrepreneurship, skills, knowledge and intensive production. Makinde described support for entrepreneurs and private-sector-led industrialisation as pillars of Oyo’s economic transformation and promised investors continued government support. He said the headquarters of the conglomerate, which comprises about 20 companies, would strengthen Ibadan’s standing as a business hub and investment destination able to compete with Lagos.