…to sustain investments in agric, tech, petrochemical, other sectors

The Edo State Governor, Mr. Godwin Obaseki, will, at the 2023 Alaghodaro Investment Summit, showcase the gains of his administration’s business-friendly policies and reforms over the past seven years that have spurred investment in various sectors of the State, including agriculture, technology, and petrochemical sectors, among others, with a strategic focus on expansion and sustainability for long-term economic prosperity and advancement.

This year’s edition of the annual summit, organised in partnership with the private sector to mark the anniversary of the Governor Obaseki-led administration, is billed to run between November 8 and 12, with the theme, “The Edo Story: Creating Shared Opportunities into the Future.”

In a statement, the Chairperson, Local Organising Committee and Executive Secretary, Alaghodaro Economic Summit Limited/Gte, Eire Ifueko Alufohai, said the summit would serve as a platform for investors to assess investment opportunities, evaluate their impact on the local economy, and also explore opportunities to expand their investment in the State.

According to her, “Governor Godwin Obaseki, in the past seven years, has been relentless in his pursuit to attract investments to Edo State, focusing on key sectors that have the potential to stimulate economic growth and development and create better opportunities for the people.

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“Through nuanced business-friendly reforms and policies, the governor has continued to secure the inflow of private capital into the State’s manufacturing, agriculture, power and petrochemical sectors, among others, to spur growth.

“These are visible in the numerous investments that dot every nook and cranny of the State, from the two modular refineries in the State, the Edo Oil Palm Programme (ESOPP), and the Ossiomo Power plant, the two ethanol processing plants, among others.”

She added, “The upcoming summit, being the last to be celebrated under the sterling leadership of Governor Obaseki will highlight the gains of the government’s business-friendly policies and reforms over the past seven years that have spurred investment in various sectors of the State with a strategic focus on expansion and sustainability of these investments for long-term economic prosperity and advancement.”

Listing activities lined up to mark this year’s summit exciting and memorable, Alufohai said, “The activities lined up for this year’s summit 2023 include the Edo Women Conference scheduled for Wednesday, November 8, 2023, which will be followed by the Ancient City Tour and Cocktail on Thursday, November 9, 2023.

“On Friday, November 10, 2023, will be the main Alaghodaro Summit, Muslim Prayers, Award and Dinner, while the Governor’s Golf Tournament, Food Fair and Youth Concert will take place on Saturday, November 11, 2023. The event will end on Saturday, November 12, 2023 with Thanksgiving Service.”