A private investor, Festrut Conglomerate is set to establish a farm covering 100 hectares of land in Uzebba, Edo State that will provide about 15,000 employment opportunities for the people of the state.
.
Chairman/Chief Executive Officer of the company, Dr. Festus Asikhia, disclosed this when he led a delegation on a courtesy visit to Governor Adams Oshiomhole at the Government House in Benin City, weekend.
.
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. 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 infrastructure, with recreational centre, a city where people can come in to rest.”
.
He maintained that when completed, the new city will attract investors, thereby, increasing state government’s revenue through taxes.
.
Responding, Governor Oshiomhole welcomed Asikhia and his delegation to the state, saying the state government was willing to provide a conducive environment and partner serious investors, who wish to invest in the state.
Support InfoStride News' Credible Journalism: Only credible journalism can guarantee a fair, accountable and transparent society, including democracy and government. It involves a lot of efforts and money. We need your support. Click here to Donate