Ekiti State Governor, Biodun Oyebanj
Ekiti State Government has said it is eying industrial and trade investment worth $500m from Egypt as part of efforts to boost the state’s industrialisation drive and generation of direct and indirect jobs.
The Commissioner for Agriculture and Food Security, Ebenezer Boluwade, said the Ekiti–Egypt Industrial Investment Mission “generated a pipeline of opportunities with the potential to mobilise up to $500m in industrial and trade investment in the state”.
Boluwade said in a statement in Ado Ekiti on Sunday that the five-day mission, which was held in Egypt last month, brought the Ekiti delegation into engagement with over 40 Egyptian industrialists, manufacturers, processors, agribusinesses, mining operators and investors.
The commissioner said that the engagement resulted in eight expressions of interest and further commercial engagements across agriculture, agro-processing, commercial farming, seed production, textiles, manufacturing and solid minerals.
