Obaseki engages investors, considers 50m-dollar investment
Goveror of Edo State, Godwin Obaseki, has taken his job creation and investment drive to Singapore, where arrangements are being fine tuned to attract a $50million worth of investment that would create 50, 000 jobs in the state.
A statement by the Special Adviser on Media Communication and Strategy, Crusoe Osagie said the deal covers investments in agriculture, specifically, oil palm and cassava to feed the processing plants of a leading Singaporean company, Tolaram Group.
Other areas of the ongoing talks include infrastructure, digital services, real estate – the Edo New City Development project, amongst others.
First Lady, Betsy Obaseki, Commissioner for Wealth Creation, Cooperatives and Employment, Emmanuel Usoh, and Permanent Secretary in the Ministry of Agriculture and Natural Resources, Kadiri Bashiru, accompanied Obaseki.
The visit to Singapore is consolidating on an earlier visit to Indonesia, where the Governor sealed deals with the Indonesian Oil Palm Research Institute in Medan, to leverage on the institute’s research capacity in reinvigorating Edo State oil palm and allied industries.
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