May 18, 2025

Ekiti Has Developed Strategy for Viable Agro-Investment, FDI – Oyebanji

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Governor Biodun Oyebanji of Ekiti State has reiterated his administration’s commitment to advancing agricultural investment and attracting Foreign Direct Investment (FDI) to the state. Speaking in Ado Ekiti during the inauguration of the Ekiti State Livestock Production Productivity and Resilience Support (L-PRES) project office, vehicles, and motorcycles, Oyebanji outlined the state’s strategic approach to positioning itself as a prime destination for agro-investors.

The governor emphasized the importance of the L-PRES project, which aims to enhance livestock productivity and commercialization while strengthening the resilience of livelihoods affected by farmer-herder conflicts. He highlighted Ekiti State’s abundant livestock facilities and land, which make it an ideal location for agricultural development.

“Our administration’s support for the L-PRES project is due to its potential to boost the existing livestock value chains in the state,” said Oyebanji. “We are focused on building strong institutions around agro-economic development, conflict resolution, capacity building, and extension services.”

Commissioner for Agriculture and Food Security, Mr. Ebenezer Boluwade, thanked Governor Oyebanji for his unwavering support and commitment to the L-PRES project, noting that Ekiti has met all the requirements for its successful implementation, as approved by the World Bank.

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