Edo State Commissioner for Information and Communication, Hon Paul Ohonbamu has said that there will be improved economic opportunities, job creation, and infrastructure development as a result of Governor Monday Okpebholo’s investment drive abroad.
The Commissioner who disclosed this in a statement in Benin City assured that there will be a lot of economic benefits to the state following the Edo State Global Investment Summit 2025 convened by the Governor in Scotland, under the theme,’ Catalytic Partnership: Global Funding and Local Impact.’
According to him, Governor Monday Okpebholo’s investment drive in Scotland is expected to bring numerous benefits to the people of Edo State.
“Some of the potential advantages include attracting investors which can lead to the creation of new job opportunities, reducing unemployment rates and improving the overall standard of living for Edo residents.
“The Foreign investments can stimulate the state’s revenue, and improve infrastructure development.
Ohonbamu further disclosed that critical infrastructure, such as roads, power, and transportation, can support business operations and attract more investors, adding that the governor’s strategy emphasizes long-term partnerships and direct capital investment, which can help diversify the state’s economy and reduce dependence on traditional debt financing models.
“The Governor is very passionate in developing the state’s agricultural sector, creating opportunities for farmers and agro-processors as well as leveraging Edo’s natural resources to attract investment into the state.
According to him, “The Edo State Government has been working to create a conducive business environment, with several initiatives to curb insecurity and equipping the security agencies in the state to fight crime.
While assuring investors of a safe environment, Hon Ohonbamu said the opposition should stop over exaggerating the situation on ground because adequate measures are in place to safeguard the lives and property of residents in the state.
It would be recalled that during the dialogue with Edo diasporans, Governor Monday Okpebholo presented his administration’s vision centered on innovation, transparency and practical governance.
The Governor also reiterated his administration’s commitment to partnering indigenes of the state living abroad to achieve more meaningful growth.
