Tolaram Group to invest $50m in Edo

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The Governor of Edo State, Mr. Godwin Obaseki, has taken his job creation and investment drive to Singapore, where arrangements are being fine tuned to attract a $50million worth of investment to the state.

   The proposed investment is in the area of agriculture, especially oil palm and cassava “to feed the processing plants of a leading Singaporean company, Tolaram Group”.

According to the State Government, other areas of the ongoing talks with Singaporean enterprises include infrastructure, digital services, real estate,the Edo New City Development project, amongst others.

Obaseki is accompanied on the business visit by his wife, Mrs. Betsy Obaseki, Commissioner for Wealth Creation, Cooperatives and Employment, Hon. Emmanuel Usoh, and the Permanent Secretary in the Ministry of Agriculture and Natural Resources, Kadiri Bashiru.

Photo Caption:L-R: First Lady of Edo State, Mrs. Betsy Obaseki; Executive of Tolaram Group, Deepak Chainani; Permanent Secretary, Ministry of Agriculture, Edo State, Kadiri Bashiru; Commissioner for Wealth Creation, Cooperatives and Employment, Emmanuel Usoh; Governor Godwin Obaseki of Edo State, and the Consular General of Singapore to Nigeria, Haresh Aswani, during the discussion of Tolaram’s   proposed $50million investment in cassava and oil palm.
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