The Oyo State Government has commenced a sensitization exercise at the Bola Ige International Business Complex, New Gbagi, Ibadan, for the full data collation and revenue drive scheduled to begin on Monday, 15th December 2025.
The sensitization, which took off on Friday, was led by the Permanent Secretary, Ministry of Investment, Trade, Cooperatives, and Industry, Mr. Olajide Mamud Okesade, representing the Commissioner, Hon. Adeniyi Adebisi.
The sensitization was witnessed by the ministry’s management team, trade officers, officials of the Oyo State Road Transport Management Agency (OYRTMA), and zonal leaders within the business complex.
He explained that the sensitization builds on earlier directives issued by the commissioner, who had mandated the zonal leaders of the business complex to commence preliminary sensitization efforts several days ago ensuring that traders were adequately informed ahead of the government-led exercise.
He said that the ongoing sensitization was crucial to prepare traders for the upcoming data collation and revenue regularization exercise while also reminding them to update their allocation documents and ensure all required payments are made only to designated government accounts.
He further explained that the state government is committed to sanitising commercial environments, strengthening record management, and ensuring that public revenue is properly accounted for.
During a tour of the business complex with OYRTMA officials, the Permanent Secretary highlighted issues discovered during preliminary assessments, particularly concerning rent, service charges, and allocation dues.
“We have discovered that some shop owners are not fully complying with the payment of their rent, service charges, and allocation dues into government coffers,” he said.
“Our aim is to update our database because although the Business Information Management System (BIMS) team is active, not all allottees at the Bola Ige International Business Complex have been properly captured.”
He added that the activities of certain agents have contributed to revenue leakages, stressing that all payments must now go directly into the government-approved rent account (the Treasury Single Account—TSA).
He assured traders that the government’s mission is corrective, not punitive.
“We are not here to take shops from traders. We only want those without valid allocation documents to regularize them and make the required payments. Once they comply, the ministry will process their documents accordingly,” he said.
He further disclosed that trade officers of the ministry will begin shop numbering and tagging within the complex ahead of the full commencement of the data collation and revenue drive on Monday.
He encouraged traders to give their full cooperation, noting that the exercise will strengthen accountability, improve revenue management, and enhance the ease of doing business in Oyo State.