LADOJA UNVEILS ECONOMIC BLUEPRINT TO TRANSFORM IBADAN

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By ‘Balogun Ibrahim

The Olubadan of Ibadanland, Oba Rashidi Ladoja, has expressed optimism that the anticipated economic transformation of the ancient city will soon become a reality.

His media aide, Chief Adeola Oloko, disclosed this in a statement issued in Ibadan on Tuesday, saying the monarch spoke after signing the Olubadan Economic and Investment Committee’s blueprint at the Olubadan Palace, Oke-Aremo, on Monday.

Ladoja constituted the committee on October 23, 2025, with the responsibility of developing a solid economic foundation for the future growth and development of Ibadan.

The economic blueprint was prepared by the committee, chaired by two-time former minister, Chief Onikepo Akande, and co-chaired by former Head of the Civil Service of the Federation, Prof. Dapo Afolabi.

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Speaking at the signing ceremony, the monarch described the document as a comprehensive framework for driving economic development across various sectors of the city.

“The document is a comprehensive economic charter to enable us plan our economic programme ranging from agriculture to mining, tourism, security and industry.

“I want to express the hope that with the framework at hand, the sky is the starting point for Ibadanland. I want to appreciate the committee for their painstaking efforts over the past one year, especially in drawing up the Ibadan economic charter,” he said.

Earlier, the committee’s chairperson, Akande, expressed gratitude to the monarch for entrusting its members with the responsibility of developing the economic blueprint.

She spoke on behalf of the committee, appreciating Ladoja for considering them worthy of the appointment.

The co-chairman, Afolabi, also commended the monarch for the initiative and praised committee members for their dedication and contributions towards producing the document.

Presenting the economic charter, Ambassador Akinremi Bolaji noted that the work was only beginning, stressing the need for collective commitment to achieving its objectives.

He urged stakeholders to contribute to the successful implementation of the blueprint, saying that “all hands must be on deck.”

Dignitaries at the presentation included the Balogun of Ibadan, Oba Tajudeen Ajibola; the Otun Balogun, Oba Kolawole Adegbola; the Osi Olubadan, Oba Abiodun Kola-Daisi; and the Osi Balogun, Oba Abiodun Azeez Agagagugu.

Other members of the Olubadan-in-Council in attendance were the Asipa Olubadan, Oba Hamidu Ajibade; the Ekerin Olubadan, Oba Adebayo Akande; and the Ekarun Balogun, High Chief Adeniran.

The event was also attended by virtually all members of the committee, including the Minister of Power, Mogaji Joseph Tegbe.