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