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Edo to benefit from $250 million foreign investment


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. ....

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