The Diaspora Support Group of North America and Europe on Tuesday beckoned on the President of African Development Bank (AfDB), Dr Akinwumi Adesina, to
The Edo State governor, Godwin Obaseki, has disclosed that the state will benefit from a United States government’s $250 million for oil palm and cassava value chain development, special agro-processing zones and renewable energy infrastructure. Obaseki said this at the Fayus oil palm plantation expansion ribbon-cutting ceremony in Ewan Usi community, Uhunmwonde Local Government Area […]
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Published 19 May 2021
The Edo State government is set to benefit $250m worth of financing from the United States of America for oil palm and cassava value chain development, special agro-processing zones and renewable energy infrastructure in the state.
This was disclosed at the Fayus oil palm plantation expansion ribbon-cutting ceremony in Ewan Usi community, Uhunmwonde LGA, by the Governor of Edo State, Godwin Obaseki, through the state’s Head of Service, Anthony Okungbowa Esq.
Okungbowa noted that the state was keen on providing necessary incentives to investors in the oil palm and cassava value chain in the state.
The Edo State Governor,
Godwin Obaseki said the state is set to benefit from a U.S. government’s financing to the tune of $250 million for oil palm and cassava value chain development.
Mr Obaseki said that the facility would also be invested in special agro-processing zones and renewable energy infrastructure in Edo.
The governor disclosed this on Tuesday at the Fayus Oil Palm Plantation expansion inauguration ceremony in Ewan Usi community, Uhunmwonde Local Government Area of the state.
He said his administration was committed to providing a conducive environment for investors in the state, as part of concerted efforts to diversify the state’s economy and provide jobs for its teeming youths.