DEADLINE: 15TH OCTOBER, 2025
OYO STATE MINISTRY OF CULTURE AND TOURISM
OYO STATE INVESTMENT AND PUBLIC-PRIVATE PARTNERSHIP AGENCY (OYSIPA)
EXTENSION OF CALL FOR EXPRESSIONS OF INTEREST FOR FOCUS 5 TOURISM INVESTMENT SITES – PUBLIC-PRIVATE PARTNERSHIPS
The Government of Oyo State, through the Ministry of Culture and Tourism and the Oyo State Investment and Public-Private Partnership Agency (OYSIPA), invites qualified local and international investors to submit Expressions of Interest (EOI) for the development, operation, and management of five priority tourism assets under Public-Private Partnership (PPP) arrangements.
The Focus 5 Sites are:
1. Eleyele Lake – Ibadan’s premier eco-cultural waterfront destination.
2. Ibadan Cultural Centre – A multi-theatre complex for festivals, exhibitions, and civic events.
3. Bower’s Tower – A heritage landmark with panoramic tourism infrastructure.
4. Iyake Lake – One of only two suspended lakes in the world, an eco-park, and adventure zone.
5. Idere Hills – A nature-adventure park with scenic and cultural appeal.
Scope
The Government seeks credible partners to finance, design, build, operate, and maintain these sites in line with the State’s Tourism Reset Agenda, ensuring sustainability, community inclusion, and strong return on investment.
Eligibility
This EOI is open to single firms, consortia, or joint ventures with proven technical experience, financial capacity, and successful track records in tourism, hospitality, real estate, cultural asset management, or related infrastructure.
EOI Pack & Submission
The EOI Pack (Instructions to Respondents, Site Memoranda, and Submission Forms) is available for download at: https://tourism oyostate.gov.ng/invest-in-oyo-state-tourism/e-o-i/
Key Dates
- EOI Launch: 1 September, 2025
- Deadline for Clarification Questions: 30 September, 2025
- Site Visit Windows: 8 September – 26 September (pre-registration required)
- EOI Submission Deadline: 15 October, 2025
Submission Format
EOIs must be submitted electronically in PDF format to: investment@tourism.oyostate.gov.ng or
OYStourisminvestment@gmail.com with the subject line: EOI – Focus 5 Tourism Sites – [Firm Name]. Late submissions will not be considered.
Contact for Clarifications:
EOI Secretariat, OYSIPA
Email: investment@tourism.oyostate.gov.ng or OYStourisminvestment@gmail.com
Tel: +234812619991 (office hours only)
Disclaimer:
This is not a tender. The EOI stage is for pre-qualification and shortlisting only. The Government reserves the right to accept or reject any EOI without liability.
Signed:
Tilewa Folami
Director General, OYSIPA
Dr Wasiu Olatusun
Hon. Commissioner, Ministry of Culture & Tourism
