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The Edo State Governor, Mr. Godwin Obaseki, has assured that the N100bn investment in the state’s oil palm sector by seven oil palm investors under the Edo State Oil Palm Programme (ESOPP) Investors Group, will further strengthen the smallholder farmers’ scheme in the state, in furtherance of the government’s vision to make agriculture the mainstay of its economy.
Obaseki, who noted that smallholder farmers are key to the growth of the oil palm industry, said the state government is partnering with the ESOPP Investors Group to boost agricultural production in Edo State.
The governor, while speaking to journalists in Benin City, said his administration is committed to harnessing the state’s rich oil palm heritage, diversifying the local economy, creating jobs and increasing productivity in a sustainable manner.
N100bn oil palm investment‘ll strengthen smallholder farmers’ scheme in Edo – Obaseki Publication : 5 avril 2021
The Edo State Governor, Mr. Godwin Obaseki, has assured that the N100bn investment in the state’s oil palm sector by seven oil palm investors under the Edo State Oil Palm Programme (ESOPP) Investors Group, will further strengthen the smallholder farmers’ scheme in the state, in furtherance of the government’s vision to make agriculture the mainstay …
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…targets 200, 000 new jobs from investment
BENIN CITY – The Edo State Governor, Mr. Godwin Obaseki, has signed a Memorandum of Understanding (MOU) worth nearly N100bn with seven oil palm investors under the Edo State Oil Palm Programme (ESOPP) Investors Group, to boost oil palm production and rejuvenate the sector for global competitiveness.
Other top government officials who witnessed the signing of the deal at the Government House in Benin City include; Secretary to the State Government, Osarodion Ogie Esq. and Edo State Solicitor General, Oluwole Iyamu SAN, among others.
Obaseki, who reassured that his government will sustain reforms and policies to ensure an enabling environment for businesses to thrive, thanked the investors for their interest in the state.
• Targets $32m investment outlay
The Edo State governor, Mr Godwin Obaseki, has said his government is focused on building the capacity of the people to attract private investments into agro-industrial sectors.
Speaking during a virtual meeting with the United States Ambassador to Nigeria, Mary Beth Leonard, high-ranking US government officials and agribusiness investors, he said the focus of his administration on agribusiness development was to attract investors into the oil palm industry, as well as production and processing of cassava into high value Consumer-Packaged Goods (CPG).
This is as a private investor, Fayus Inc., has secured 5,000 hectares in the state for a plantation, to commence the development of nurseries for 600,000 oil palm seedlings. The governor stated that efforts to reposition the agricultural sector in his first term in office shifted from lamentation to getting the job done by instituting the framework for the Edo State Oil Palm Programme (ESOPP) in