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Pacesetter Juice Factory, Oko: Another Abandoned Promise
Mar 03, 2026
Pacesetter Juice Factory, Oko: Another Abandoned Promise

The Pacesetter Fruit Processing Company in Oko has similarly failed to be resuscitated despite a glamorous handover ceremony. In September 2020, Governor Makinde handed over the moribund facility to AGVEST Limited under a Public-Private Partnership built on an equity restructure model with a capital injection of about N350 million.  The governor promised that Agvest Limited would get the fruit plant working within six months, stating optimistically: "So, I look forward to visiting here in March 2021 and receiving a very chilled cup of mango juice".​ That promise was never fulfilled.   A special investigative report published in February 2024, more than three years after the handover, revealed that "despite a glamorous handing over of Oko Fruit Juice Company to Agvest company limited by Oyo State government on a Public-Private Partnership in 2020, the company remained moribund and was never revived as promised". The report noted that the company, which was commissioned 17 years ago, has never fully operated, and residents continue to hope for a better turnaround.​  Shockingly, the government's September 2025 tracking document makes no mention of the Pacesetter Juice Factory, suggesting the administration has quietly abandoned this promise without public acknowledgment. The facility was expected to create 65 direct jobs and over 500 indirect jobs, but these benefits never materialized for the Oko community.​

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Agbowo Shopping Complex: A Failed Promise
Mar 03, 2026
Agbowo Shopping Complex: A Failed Promise

The Agbowo Shopping Complex project has failed spectacularly, becoming one of the most controversial broken promises of the Makinde administration. During his first term in September 2020, Governor Makinde leased the 36-year-old complex to Whitestone Global Limited for 50 years with a promised capital injection of N4.9 billion to convert it into premium commercial real estate and a four-star hotel.  The governor boasted that the renovation would be completed before May 2023.​ However, by February 2026, more than four years after the flag-off, the project remains abandoned and incomplete.   In August 2025, the All Progressives Congress (APC) in Oyo State demanded compensation for thousands of legal occupants who were forcefully ejected from the facility in 2019. The opposition party stated:  "Unfortunately, the same sprawling complex is now a shadow of itself as nothing was done on it since 2019".  The government's own tracking document attempts to present a more positive picture, stating that "Reconstruction/Remodelling of Agbowo shopping complex is ongoing", but this directly contradicts multiple credible reports of the project's abandonment.​   Suppliers, sub-contractors, and shop owners have protested the project's failure, claiming they are owed over N250 million for materials and services rendered since two years prior. Many borrowed money through bank loans to participate in the project, and their properties have been seized for non-payment.  The complex, which in its glory days generated over 5,000 direct jobs and was the biggest shopping mall in Oyo State with a central air conditioner and cinema house, has now become a symbol of unfulfilled promises.​

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