Oil palm, poultry processing, retail, energy most active sectors in Edo in last two years – Investment Office

The Edo State Investment Promotion Office has said the most active sectors that have attracted local and foreign iinvestments into the state in the last two years are oil palm, poultry processing and retail sectors.

This was disclosed by the Managing Director, Edo State Investment Promotion Office (ESIPO)-Ease of Doing Business Secretariat, Mr. Kelvin Uwaibi, in a recent chat with journalists, in Benin City

According to him, “Between 2021 and 2022, there are investments in the agriculture, food processing and energy sectors. Some of the companies that have made substantial investments include Persianas Group, which is building the Benin City Mall, on Sapele Road.

“There is also Amo Farm Poultry Processing Plant located at Obayantor, Ikpoba-Okha Local Government Area (LGA) of Edo State. Fayus Oil Palm Company and Prime Agro Seed and other companies from Asia.

“In the energy space, Ossiomo Power Plant in Ologbo has expanded and then we have two new refineries – one at Ologbo, Ikpoba Okha GRA and the other at Egbokor, in Orhionmwon LGA.”

Uwaibi noted that the investments have ensured that the state remains a good destination for those looking to expand their businesses in Nigeria, citing the availability of steady power supply from Ossiomo Power as a good incentive.

He added that the Benin Port project, which is coming on stream, is expected to even attract more investment in the agriculture, maritime and ancillary sectors.

The amiable Governor Godwin Obaseki you don't know what you are doing in Edo state.but we are seeing it God almighty will continue to bless you abundantly in Jesus name!

Kudos to Your Excellency Gov Godwin Nogheghase Obaseki.
Edo has never had it so good until this time

In all of this, I am so glad that Edo state is taking the lead as the pioneer state for the resource control agenda of true federalism. Not by words but by putting structures in place to welcome this creative inspiration of the Nigeria nation. Gov. Godwin Obaseki your agenda is MEGA!

Governor obaseki administration have gone ahead of time. before others governors.we are proud of you governor obaseki Job well done ✅

Absolutely true.Thanks to his Excellency governor Godwin Nogheghase OBASEKI For reviving the agricultural sector and enhancing high rate of oil palm production.

Governor Obaseki is creating and renovating schools for edolites who want school, creating skills acquisition trainings for those who want hand work, he also creating Jobs for those who have graduated and seeking for jobs, Edo just can't get enough