Edo Governor Secures $100M Investment in Agriculture from Presco Plc
Edo State Governor Mondai Okpebholo reassured Presco Plc of the state's commitment to agriculture and investment, welcoming a fresh $100 million foreign direct investment from SIAT, its parent company. The governor dismissed concerns over land review as technical, not politically motivated, emphasizing dialogue to address issues.
The increase in the agriculture budget to N5 billion signals a push for food security and agro-industrial growth. Chairman Rashe Sarumi commended the state government's efforts, highlighting the $100 million investment as a significant milestone for Edo State and Nigeria's economy.
Plus234Feed summary based on reporting from Nigerian Tribune. Read the original report below.
Read full article
Continue on Nigerian Tribune
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Presco PLC Secures $100M Investment for Edo State Expansion
Edo State Receives $100M FDI Boost for Presco's Palm Oil Expansion
Edo Governor Commended for Transparent Handling of Presco Land Revocation Controversy
Edo Government Denies Revoking Presco Plc's Land Titles Amid Controversy
Edo Governor Okpebholo Focuses on State Development During Project Inspection
Rivers State Government Initiates Measures to Boost Business Confidence and Attract Investments
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
