Agbowo shopping complex


The Governor of Oyo State, Engr. Seyi Makinde, will kickstart the process that will bring about a new-look Agbowo Shopping Complex, Ibadan, this week, the Director-General of Oyo State Investment and Public, Private Partnership Agency, Hon. Segun Ogunwuyi, has said.

The top government official stated this in an interview on Saturday.

Ogunwuyi said his agency has concluded plans to hand over the imposing but moribund Agbowo Shopping Complex, opposite the University of Ibadan main gate, to a concessioner that met the conditions for a positive turn-around of the complex.

A statement by the Chief Press Secretary to Governor Makinde, Taiwo Adisa, quoted Ogunwuyi as saying everything was set for the handing over of the Agbowo Shopping Complex.

Ogunwuyi also said work was progressing on the Ibadan Dry Port, which is a tripartite investment opportunity involving the Nigerian Shippers’ Council, on behalf of the Federal Government, government of Oyo State and a private investor.

He said besides the Pacesetter Asphalt Plant and Quarry, Ijaiye, which has already been handed out on concession, his agency is vigorously pursuing the concession of the Agbowo Shopping Complex, adding that it will come alive starting from this week.

He said: “The second one is the Agbowo Shopping Complex.

Read More

Advert- Expression of interest for PPP/Concession of OYSG ASSETS- BATCH 2

OYSIPA cordially invites applications from the investing public for public private partnership/ concession/ BOT arrangement for under-listed assets of OYSG

OYSIPA/02/01 Cultural Center Mokola, Ibadan The Cultural Center sits atop the Mokola Hill, Ibadan elegantly overlooking Agodi Parks and Gardens. This is centrally located architectural masterpiece is hotspot  in one of the most thriving hospitality and tourism of Ibadan The facilities and functionalities are in dire need of restoration as it was originally designed to be a cultural pride of South West Nigeria

Agodi Gardens (Phase 2)

Agodi, Ibadan

About 55 Ha of prime land has been allocated for the development of Agodi Parks and Gardens (Phase 2) into a premium eco-tourism recreational and conferencing facility. The Phase 1 of Agodi Parks and Gardens is currently a top recreation and entertainment destination in Nigeria.


Vacant Land Agodi

(Proposed 4-Star Hotel)


bout 3.5 Hectares of prime fenced land at Mokola Hill proposed for a 4-star hotel. This land is just adjacent the Agodi Parks and Gardens and north of it lies the Cultural Centre, Mokola. Potential synergies exist for an international brand to develop a 4-star hotel and conferencing centre which can be connected with the eco-tourism activities of the Agodi Parks and Gardens, thereby creating a vibrant hospitality and tourism hub in Oyo State.


Eleyele Waterfront Adventure Park

Eleyele, Ibadan

The Eleyele Waterfront is a proposed concept to convert the Eleyele catchment area into an eco-tourist attraction and adventure park.


Tran Motel

(4.345 hectares of land)

Jericho, Ibadan

About 4.345 Hectares of multipurpose prime land tucked nicely in a highbrow area of Jericho, Ibadan. This area offers one of the best and serene locations for prime real estate development.


Quarter 18A and 18B

(about 9,000sqm)

Kudeti Avenue, Onireke, Ibadan

About 9000m2 of multipurpose prime land in the heart of the Onireke/Jericho axis of Ibadan.


Integrated Waste Recycling Project

Orita-Aperin, Ibadan.

An integrated solid waste recycling facility at Orita-Aperin, Ibadan. It had a capacity of recycling up to 6 Tonnes of organic waste into fertilizer, 2 Tonnes of nylon/plastic waste, and 1 Tonne of scrap metal per day.


Burnt Bricks Factory


Burnt Brick Factory located at Oloba area of Ibadan is available for reactivation in partnership with Oyo State Government.


Iyake Suspended Lake

Ado Awaye

Burnt Brick Factory located at Oloba area of Ibadan is available for reactivation in partnership with Oyo State Government.

The Iyake Lake is the only recognized suspended/hanging lake in Africa – one of the only two in the world after the Hanging Lake in Colorado.


Bowers Tower

Oke-Are, Ibadan

Bower’s Tower can be seen at the top of Oke-Are, the highest hill in Ibadan, from which one enjoys a commanding view of the city. The tower is 60 feet high and 11 feet square with two entrances and a spiral staircase that leads to the top of the tower.  It has a park attached and could be a recreational site for adults and kids alike.


Vacant land

Mokola, Ibadan

A strategically located property situated beside OANDO filling Station in Mokola measuring 1160.29 sqm.


Filling Station & Shops

Eleyele, Ibadan

A filling station and a row of shops located along Eleyele Road is available for uptake by a reputable oil and gas brand. The location is strategic with the added benefit of a row of shops.


Conpole Nigeria Limited

Moniya, Ibadan

A Limited Liability company incorporated in 1978 set up as a joint venture between OYSG and some Nigerians. The factory, located in Moniya has a daily production capacity of 128 (80 high tension and 48 low tension) poles per day and 32,000 poles per year.


Cashew Plantation


About 200 Hectares cashew plantation at Eruwa, Ibarapa East LGA.


Cashew Plantation

Ikere, Iseyin

About 1,000 Hectares cashew plantation at Ikere, Iseyin LGA.


Trans Motel


Trans Motel located in Iseyin Town. Iseyin LGA.


Iseyin Housing Estate


20 Hectares of land available for development as a residential estate.


Kisi Housing Estate


20 Hectares of land available for development as a residential estate.


Igbeti Housing Estate


20 Hectares of land available for development as a residential estate.



i. Evidence of incorporation with Corporate Affairs Commission including (CAC2 and CAC7).

ii. Company’s Income Tax Clearance Certificate for the last three (03) years (if not new company).

iii. Evidence of Registration of Business premises with Oyo State Ministry of Trade, Investment and Cooperatives.

iv. Company Profile with curriculum vitae of key management staff.

v. Interested corporate organization must be able to demonstrate the capacity required in a detailed proposal which contains the following; detailed business plan, detailed financials, proposed profit share model. For real estate proposals, kindly include plans, layouts and 3D images where applicable.

vi. Tax clearance of two directors of the company obtainable at Oyo State Board of Internal Revenue

vii. In form of an affidavit, that the bidder is not in receivership nor the subject of any such of insolvency or bankruptcy proceedings;

viii. In form of an affidavit, that the company doesn’t have any director who have been convicted in any country for fraud-related crime, financial impropriety, criminal misrepresentation or falsification of facts;

ix. In form of an affidavit, disclosing whether or not any officer of the relevant committee of the procuring entity is a former or present director, share-holder or as pecuniary interest in the bidder;


a. Obtain a non-refundable Expression of Interest application form in the following sum – N100,000.00 (for each asset of interest)

Payments are to be made into the under listed account:

Account Name:    Oyo State Investment and Public Private Partnership   Agency

Account Number:  1016729819

Bank:  Zenith Bank PLC 


All valid applications and required documents should be submitted in 12”X16” sealed envelopes, with the title “Expression of Interest in OYSG ASSETS” indicating the asset identification number on the right side of the envelope, addressed to:


The Director General,


11, Baale Oyewole Road, Opposite Golden Tulip Hotel,

Jericho G.R.A.,

Ibadan, Oyo State.

This advert is open for 4 weeks between 10th June, 2020 and 12 noon 8th July 2020

For more information, contact: 07083366677 (


Director General,




Read More

Pacesetter Asphalt & Quarry Limited

Commercial activity at the Pacesetter Asphalt and Quarry Limited has commenced after several years of the facility being moribund.

There is a medium term plan to inject fresh funds to substantially increase the plant’s current reactivation operating capacity from 100MT/day to 350MT/day.

Project cost: N750 million

Project Implementer: Messer Caboncor Road Technology Nig. Ltd.

Awaiting Symbolic Handover.

Read More

SME/MSME support funds (2)

b. N1billion OYSG-MSME Suppport Fund has made strategic moves to recover poorly managed MSME funding that was dispensed by the past administration via a number of Microfinance banks.

A thorough assessment process for microfinance banks has been concluded and a number of microfinance Banks domiciled within the State have been approved.

This disbursement activity for this OYSG MSME Fund is coming at a strategic time when there has been a downturn in the economy due to COVID-19 pandemic.

Read More

Bodija Recreation Centre

A modern multipurpose, self-sustaining sport and recreation facility established on the basis of Build, Operate and Transfer.

The facility is located at the open field around Bodija Housing roundabout.

Project cost: N500 million

Project Implementer: Messers Refcon Limited

Project Status: Groundbreaking

Read More

SME/MSME support funds

a. N1billion OYSG-BOI SME Suppport Fund

OYSIPA, THE MANAGERS OF THE OYSG/BOI SME Funding Scheme will be rolling out a fresh N1Billion loan for the SME and manufacturing sectors in Oyo State as part of the post COVID-19 economic plan

This OYSG/BOI funds is an excellently performing revolving fund that has been used to stimulate Oyo State industries and manufacturing economy

Read More

The Agbowo Mall by Brent

The Agbowo Shopping Complex was built in the 80s and was the biggest shopping mall in Oyo State. It however became moribund in the last decade.

It is strategically located a few metres from he Bodija International Market and is directly opposite the University of Ibadan.

The shopping complex has over 100 shops, and a functional fire fighting office that served not only the entire Agbowo community and its environs.

Project Implementer: Brent Group.

Project cost: N4.5 Billion

Project Type: Concession

Read More

Ajoda New Town Housing Project

360 units of medium and low-cost houses on 13Ha, at Ajoda New town.

Project cost: N2.5 Billion

Project Implementor: REMAX REALTORS

Groundbreaking May 2020

Read More

Pacesetter-ProjectScope Estates Projects

45 units premium 5-bedroom ton houses on No 1&3, Oba Akinyele Street, Bodija Estate, Ibdan.

Project was based on a Design, Build and Finance basis.

Project cost: N1.4 Billion

Project Implementor: Messers ProjectScope Limited.

Project Status: Groundbreaking May 2020.

Read More

Pacesetter Wood Estates Projects

11 unit premium 5-bedroom terrace houses on No.1 Awosike Street, Bodija Estate.

Project was based on a Design, Build, and Finance basis.

Project cost: N350 million

Project Implementer: Messer Wood et al Nigeria Limited

Project Status: Groundbreaking May 2020

Read More