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    MarketForces Africa » MarketForces News » Dry Port: Oyo Govt Hands Over 90 Hectares of Land to FG
    Economy

    Dry Port: Oyo Govt Hands Over 90 Hectares of Land to FG

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiNovember 1, 2025No Comments2 Mins Read
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    Dry Port: Oyo Govt Hands Over 90 Hectares of Land to FG
    Seyi Makinde, Governor Oyoa State
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    Dry Port: Oyo Govt Hands Over 90 Hectares of Land to FG

    The Oyo State Government, on Friday, officially handed over 90 hectares of land to the Federal Government for the construction of the proposed Moniya Inland Dry Port, in Ibadan.

    The state deputy governor, Mr Bayo Lawal, handed over the land, on the Ibadan-Oyo road, Moniya, in Akinyele Local Government Area, to the Minister of Marine and Blue Economy, Mr Gboyega Oyetola, who was represented by the ministry’s Permanent Secretary, Mr Michael Olufemi.

    Lawal described the Moniya Inland Dry Port as a project that would not only enhance the state’s economy, but would also promote agriculture value chain, industrialisation and infrastructure development in the country.

    He added that the dry port operation would result in the decongestion of the Lagos ports and ease clearing goods.

    Lawal charged all stakeholders to support the project to make it a reality in no distant future.

    Earlier in his remarks, Oyetola, explained that the Moniya Inland Dry Port was a strategic national project that would bring shipping services closer to importers and exporters and stimulate industrial and agricultural growth across the entire South-West region.

    He commended Gov. Seyi Makinde for his patriotic gesture in aligning with the Renewed Hope Agenda of the federal government.

    The minister described the official handing over of the land as a clear demonstration of partnership and shared vision between the federal government and the Oyo state government to expand economic opportunities through modern trade.

    He stressed that the project would strengthen regional competitiveness, create jobs, and enhance Nigeria’s logistic chain.

    Also, in his goodwill message, the Executive Secretary, Nigerian Shippers Council, Mr Akutar Ukiyama, who was represented by the Director, Inland Transport Service, Alhaji Ahmodu Yahyah, appreciated Makinde for his visionary leadership and unwavering commitment to the economic advancement of the state.

    Yahyah said the Inland Dry Port when completed would generate direct and indirect jobs for the people of the state, stimulate industrial growth, increase internally generated revenue and boost rural and urban development.

    He added that the project when completed would provide a platform for seamless cargo clearance and logistics operations as well as enhance agriculture value chain. #Dry Port: Oyo Govt Hands Over 90 Hectares of Land to FG#

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    Dry Port Oyo Govt
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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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