A Private Investor, Festrut Conglomerate is set to establish a Farm, covering 100 hectares of land at Uzebba, Edo State that will provide about 15,000 employment opportunities for the people of Edo state.
Chairman/Chief Executive Officer of the company, Dr. Festus Asikhia disclosed this when he led a delegations on a courtesy visit to Governor Adams Oshiomhole at the Government House in Benin City, on Friday.
Dr. Asikhia said “I have to go to my community where I can easily have access to land and I have acquired about 100 hectares of land for the take-off of the company.
He said, “apart from the farm land, we have come to Edo State to discuss with the Governor to build a new Edo City, a city with all the infrastructures, with recreational centre, a city where people can come in to rest”.
Dr. Asikhia maintained that when completed, the new city will attract investors to come in and invest thereby increasing state government revenue through taxes.
He further used the occasion of the courtesy visit to implore State Government collaboration in order to succeed stressing that similar ventures have been established in Lagos and Abuja.
Responding, Governor Oshiomhole welcomed Dr. Festus Asikhia and his delegation to Edo State, saying the State Government is willing to provide a conducive environment and partner with serious investors who wish to invest in the state.
He stressed that the State Public Private Partnership (PPP) is doing everything possible to create an enabling environment for investors to take advantage to invest in the state.
According to him, “Potential partners in the various aspects of the economy are working out various MOUs with a view to take advantage of the very conducive business environment that exist in Edo State.
“So like I said to Hon Rasaq Bello-Osagie, all you need to do is submit a detailed business plan to our P.P.P. Office as they are familiar with our rules and the general principles that guide our interactions. It is our responsibility to give back to the community and society where we come from, for these are the minimum debts owned our people”.
Oshiomhole said “In Edo State, we have made substantial investment in both the urban and rural areas, investment on roads, Urban renewal and drainage control, linking rural communities so that people can take advantage to go into mechanized farming and businesses in those communities as you plan to do.
“So your coming fits well into our vision that the primary purpose of government is to make the rural urban areas neater creating infrastructure to attract investment.”