Oye Kingdom in Ekiti State, Nigeria, has entered into a partnership with Budapest, Hungary, as part of efforts towards boosting development in agriculture, mining and industrialization.
The landmark event was held at the palace of the Oloye of Oye Ekiti, His Royal Majesty Oba Oluwole Ademolaju II and was attended by traditional leaders, stakeholders as well as development partners.
Speaking at the event, a key stakeholder of the Think Thank Group and representative of the Hungarian interest in the partnership, Otunba Omotunde Komolafe, described the collaboration as a catalyst for growth and sustainable development in Oye Ekiti.
He noted that the partnership would facilitate youth employment through modern agricultural practices, sustainable food production, plantation development and technology transfer.
Otunba Komolafe assured the people that the transformation would begin immediately, linking Budapest’s technological and agricultural expertise with local resources to unlock Oye Ekiti’s economic potential.
Also speaking, the President of the Think Thank Group, Chief Duro Kuteyi, explained that the initiative would extend to surrounding villages, adding that the collaboration would promote industrialization through the provision of modern processing tools, factory equipment and capacity-building support for local industries.
In his remarks, the Oloye of Oye Kingdom, HRM Oba Ademolaju II, commended the initiative and encouraged all Oye indigenes to embrace it wholeheartedly.
Oba Ademolaju noted that the partnership would not only strengthen the local economy but also ensure food security and better livelihoods for residents.
The monarch also called on sons and daughters of Oye in the diaspora to return home and invest in the future of the community, emphasizing the long-term benefits of the collaboration.
Among dignitaries present at the event were members of the Oba-in-Council, including High Chief Olatuya, Chief Owolabi, Chief Oba Aro Oguntoye, Chief Adegun, Chief Akomolafe, Iya Afin Mrs. Oguntaye and Chief John Ogunmoyin, among others.
