The Olubadan of Ibadanland, Oba Rashidi Ladoja, has assured local and foreign investors of a conducive business environment as he unveiled his socio-economic vision for the ancient city.
The monarch made the pledge during a thanksgiving service held in his honour at the Ascension of Christ Catholic Church, Bodija, Ibadan, marking his first public appearance since his installation.
Oba Ladoja emphasized the revival of moribund businesses and the need to provide employment opportunities for youths, describing these as key to boosting the economy of Ibadan and Oyo State at large.
“The major assignment before me as Olubadan of Ibadanland is the growth of Ibadanland,” he said. “The throne of Olubadan is not about wearing status or beads, but about ensuring all-round development. To achieve this, I will work with the government at all levels so Ibadan and Oyo State can sustain their pace-setter status.”
The monarch added that Ibadan’s unity across religious lines remains a strength, noting that no religious crisis had ever been recorded because families in the city are often interfaith in composition. He described Ibadan as fertile ground for investment and assured residents that the city would continue to thrive.
In his congratulatory message, the Archbishop of the Catholic Archdiocese of Ibadan, Most Rev. Gabriel Abegunrin, hailed Ladoja’s enthronement as “the unfailing providence of God” and commended the monarch’s decision to begin his reign with thanksgiving.
“Oba Ladoja has set forth a shining example of interfaith goodwill and mutual respect which will long endure as a legacy of his reign,” the cleric said. He pledged the church’s prayers and support for the monarch, expressing hope for collaboration to promote peace, justice, and the common good of Ibadan residents.
The thanksgiving service was attended by members of the Olubadan-in-Council, the monarch’s family, Iyalodes, and well-wishers.