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Governor of Oyo State hand over the hitherto moribund Pacesetter Fruit Processing Company to Agvest Limited.


Yesterday, Seyi Makinde Governor of Oyo State Said “This afternoon, we were in Ogbomoso to symbolically hand over the hitherto moribund Pacesetter Fruit Processing Company to Agvest Limited, as investors on a public-private partnership (PPP) arrangement. Agvest Limited has promised to get this fruit plant working within six months.
This PPP initiative is built on equity restructure model with a capital injection of about N350 Million. It will create 65 direct jobs and over 500 indirect jobs. Producers of our famous Ogbomoso mango will also have indigenous off-takers for their fruits.”










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