Invest in oyo

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We have provided answers to questions that will help investors to easily understand and navigate important element which can aid investment process.

Frequently Asked Questions

I am willing to invest in Oyo State, where do I start from?

Contact the Oyo State Investment Promotion Agency with your expression of interest/ business proposal and we will take you on a step by step guide of achieving your business objectives. We will guide you on the relevant documentation needed to make you compliant with setting up and running a business smoothly in the State.

As an investor what type of taxes should I anticipate

There are different categories of taxes in Nigeria and these depend on the type of business operations the individual is running. To get a detailed outline of taxes per business type click on the link

How many foreign companies/investors are in the State and their location?

 Oyo State is home to several foreign companies. Because of the friendliness of Oyo people, it is very easy for expatriates to reside in Oyo State. Oyo is arguably to most secure and peaceful State in Nigeria. Click here to view here a number of businesses domiciled in Oyo State.

As a small and medium scale business in Oyo State, how can I access funding and incentives?

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What is the climatic condition of the State?

The Climate in Oyo State is equatorial, notably with dry and rainy seasons with relatively high humidity. The dry season lasts from November to March while the rainy season starts from April and ends in October. Average daily temperature ranges between 25 °C (77.0 °F) and 35 °C (95.0 °F), almost throughout the year.

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