Dangote, Elumelu, Makanjuola, others Spotlight 6th Edo Investment Summit

Big-ticket investors, including Aliko Dangote, the chairman of the Dangote Group, Tony Elumelu, the chairman of Heirs Holdings, Dr. Aderemi Makanjuola the Chairman of the Board of Caverton Offshore Support Group, and many others, are expected to converge in Edo State for the 2022 Alaghodaro Economic Summit.

The event is scheduled to take place in Benin City, the capital of Edo State, following the success of the Alaghodaro Investment dinner in Lagos.

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The summit, now in its sixth iteration, is held each year to commemorate the beginning of Governor Godwin Obaseki’s term in office and to highlight the advancements made in turning the state into a haven for investors.

Between Friday, November 11, and Sunday, November 13, 2022, a three-day summit will be held with the topic, “Edo’s Transformation: Partnerships, Resilience, Impacts.”

“The summit has, in the past five years, attracted the inflow of over $2billion investments into the state, including the $500 million attracted through the Edo State Oil Palm Programme (ESOPP). 

Saro Africa Group of Companies also began injecting about $250 million in the state through its Integrated Agricultural Project. The $10 million Edo Refinery project is another signature project. There are also investments in the technology, creative, manufacturing, food processing and energy sectors, among others.

“This year’s edition will provide another fine opportunity to consolidate on years of building a vibrant private sector-led economy, showcasing investment opportunities in Edo State, and providing a pivot for sustainable development and economic prosperity for the state,” Special Adviser to the Edo State Governor on Media Projects, Crusoe Osagie, said in a statement.

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