Group Executive Director of CPL Group, the proprietor of Ore Irele Oil palm co. Ltd, Mr. Dapo Awofisayo, has hailed Ondo state Governor Arakunrin Rotimi Akeredolufor his giant strides to put Ondo state on the world map as a destination for direct private investment with the launch of the privately-owned Gas Inland LPGTerminal and Oil Palm Mills in Ore Industrial Park situated in Odigbo local government Area of the state on the 10th of June 2021.
TheLPG Inland Terminal and Red Gold Project is a Public-Private Partnership between the Ondo State Government and Private Investments. The Alles CharisLPG, aimed to deploy quantity 8 inland storage within the next 5 years, is the first Privately Owned and biggest LPG Inland Terminal in Nigeria while the RedGold Project is a partnership between the Ondo State Government and the National Oil Palm Producing Association of Nigeria (NPPAN) with the objective of focusing on a large-scale Palm Oil Cultivation and Production.
At the epoch-making event, Akeredolu harped on the need for a synergy between the private sector and Government urged investors both local and foreign that Ondo state has made its environment business-friendly. He said; for both local and foreign investors, Ondo state is ready to provide the much-needed incentives for every business to thrive. Lagos which serves as the commercial headquarters of Nigeria is already congested for business. Investors should consider Ondo as a new home for business excellence.”
Speaking to the media, Dapo Awofisayo who is also a major key player in the oil palm business also commended Rotimi Akeredolu’s administration for taking Agribusiness seriously and creating a business-friendly environment for investors. “Ondo currently has the largest smallholder farmers of oil palm in the country and this Red Gold Project has brought in big investors. So far, we gathered that over 60,000hectares is to be unlocked for the project and this will create half a million jobs for Ondo residents. JB farms is now functional in Ondo, Sudit as well, these are also big investors like us. It’s a testament to how serious this administration is about the Oil palm sector and how easy it is to do business in the state. Governor Akeredolu has also made the state attractive. The RedGold Project will further boost the oil palm sector as a whole and also increase the entire level of oil palm acreage and palm oil production in the country. It will ultimately reduce the supply gap in the industry and steer Nigeria in the right direction to redeeming its lost glory as the number one producer of palm oil in the world taking over from Malaysia.”
Present at the event were the Secretary to the State Government, Princess Oladuni Odu, Special Adviser on Union Matters and Special Duties, Mr. Dare Aragbaiye, Commissioner for Information, Mr. Donald Ojogo, Managing Director of Ondo State Development and InvestmentPromotion Agency (ONDIPA), Mr. Boye Oyewumi and the Senior Special Assistant(SSA) on Agribusiness, Pastor Akin Olotu, MD JB farm LTD; Ajibola Adebutu, High Chief, Engineer Abiodun Adejo, Chairman Abbis Farms, Mr Ade Ayoola, Chairman Bambi Farms Ltd among others.
Leave a Reply