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Monday, May 8, 2017

Governor Akeredolu Woos International Investors to Ondo State

Governor Rotimi Akeredolu
Men of the Economic and Financial Crimes Commission
Arakunrin Rotimi Akeredolu has taken gigantic steps to develop the local economy of the Sunshine State of Ondo by opening the door to international investors.

In what could be described as relocation of seat of government from the state capital to Abuja, the Federal Capital Territory of Nigeria, the Ondo State Governor, Oluwarotimi Akeredolu, the Deputy Governor, Agboola Ajayi and the entire cabinet members of the state on Friday met with the representatives of the governments of Britain, Australian and Algeria and some multilateral agencies and donor organizations on how to tap into investment opportunities that abound in the nook and crannies of his state.
 
The discussion was focused on issues such as the reactivation of Olokola Free Trade Zone,  refortification of Owena Oil and Gas Limited and Owena Energy Ltd. Resuscitation of moribund companies such as Oluwa Glass, Igbokoda; Ifon Ceramics, Ifon; Bolorunduro Timbers; Bolorunduro;  Okitipupa Oil Palm Mills; Okitipupa; Cocoa Processing Company, Ile-Oluji; Arigidi-Akoko Tomato factory, Arigidi etc. 
Other issues focused on were refurbishment and re-privatization of Idanre Hills Resort and Idanre Golf Course,  Bitumen exploration in the  as well as the  establishment of a Deep Sea Port in the southern senatorial district of the state. The Atlantic Ocean which passes through the state is ranked as the deepest in West Africa sub-region. 

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