BENIN — Edo State Government has signed a
Memorandum of Understanding, MoU, with 8
international investors who will invest heavily in the
agricultural sector to create employment for youths in
2014. Secretary to Edo State Government, SSG, Prof. Julius
Ihonvbere, who disclosed this during a chat with
professors from Australia and China who were in the
state to seek partnership with the state government
in the agricultural sector, said it was the desire of
Governor Adams Oshiomhole’s administration to ensure the completion of all on-going projects in the
state, as well as invest in the agricultural sector to
create employment for youths. He said: “I believe that the focus of the 2014 budget
demonstrates clearly that following the huge
investment on infrastructure, we will continue to do
that as we complete on-going projects but now want
to move to all those who will use the infrastructure;
the empowerment of youths, women, and community leaders. “For example, in the Ministry of Agriculture, we have
8 MoUs already signed with international investors
who want to go into cassava, rice, palm produce and
fruits, among others. These are not businesses that
would employ less than a thousand persons. “The petro-chemical plant that is on-going now,
when completed, will employ no less than 2,500
persons. It is a huge petro-chemical plant that has
completed its dredging and if you go there, you will
not believe the huge investment. Another 20,000
hectare for cassava production to produce ethanol is on-going too and this is another employment
generation source but private sector driven. “The producers of Indomie noodles have come and
would be producing to distribute to the South-South.
We are not just going to give them land to produce,
but they will go into manufacturing of various
products too. “We are also carrying out revolution in the
educational system. There are very few states that
have tried that and that is because we have quality,
capable and competent heads of ministries and also
driven very hard by the commissioners and the
governor himself.”


www.vanguardngr.com/2013/12/edo-boost-agric-investment-2014-ihonvbere/

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