Oyo will no longer depend on oil and raw materials for economic prosperity, Makinde says

The Oyo State Government plans to develop arts, crafts, cultural festivals and tourism to diversify revenue, attract foreign investment and create jobs. The Oyo State Business Forum 2026 will bring together investors, artists, craftsmen, exporters and public officials to promote cultural products in international markets. Commissioner for Culture and Tourism Wasiu Olatubosun described Nigeria’s cultural heritage as a largely untapped economic resource. He cited the inscription of the Sango Festival on UNESCO’s Intangible Cultural Heritage list as an opportunity to attract more visitors and raise Oyo’s international profile.