Edo State government investments in the state’s oil palm sector have risen to $660m, with new projects proposed by Canada-based Sunora Foods worth over $100m, in a statement.
Information made available on Wednesday explained that the development is coming following the $560m investment in the Edo State Oil Palm Programme by Fast Moving Consumer Goods companies and other private investors.
The ESOPP is one of the outcomes of the annual Alaghodaro Summit, organised by the private sector in the state to mark the anniversary of Governor Godwin Obaseki’s-led administration.
According to the statement, the summit will provide opportunities for dialogue and feedback with various stakeholders in the drive to make Edo Nigeria’s leading investment haven.
