The inauguration ceremony was held at the Olubadan Palace with the commissioning of the Ibadan Investment and Economic Development House, a strategic hub for driving economic growth in the city.
The former minister further lauded the newly inaugurated
Ibadan Security Guard Corps as a visionary initiative designed to complement
existing government security agencies and provide a safer environment for
businesses and residents.
Akande explained that the OEIC, inaugurated on 23rd
October, 2025, has moved beyond consultations to implementing structured
development plans.
Other key initiatives include the development of mineral
resources into organised industrial production, the establishment of the
Olubadan International Jewellery Trade Centre in partnership with the Oodua
Investment Company, the promotion of agribusiness through cocoa plantations,
and the strengthening of urban renewal programmes.
Highlighting the importance of security, Akande said the
Ibadan Guards initiative reflects a broader understanding that development must
be built on safety.
The Olubadan of Ibadan, Oba Rashidi Ladoja, in his own
address, said the newly inaugurated guards would work alongside existing
security agencies to improve policing and make Ibadan safer.
The monarch also warned criminal elements to steer clear of
Ibadanland, noting that the initiative signals a renewed commitment to
safeguarding lives and property.
Dignitaries present at the event included members of the
Olubadan-in-Council, Dotun Sanusi; the Asiwaju of Ibadanland, Bode Amoo; and
the President-General of the Central Council of Ibadan Indigenes, Ajeniyi
Ajewole, among other prominent sons and daughters of Ibadanland.










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