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Group plans $50m agric project in Edo

By Simon Ebegbulem
BENIN—Edo Leadership Assembly,  a none political organization, made up of all Edo indigenes in America and Europe, has concluded plans to commence a $50 million agricultural project in Edo State.

Coordinator of the group, Dr. Segun Dawodu, who disclosed this to Vanguard in Benin City yesterday, while speaking on the proposed summit of the group scheduled for 6-9 August 2009, in Chicago, United States of America, said the project would be established in the three senatorial districts of the state.

He said there were also plans by the group to invest in other areas of the economy of the state, but noted that it decided to start in agriculture to be able to employ a large number of youths in the state.

According to him, “ the agricultural project is based on the cooperative nature. The total project for the entire state will amount to almost 50 million dollars. “But what we plan to do is to start at a low level and expand; the initial part of the project will start with about $20,000, but the long term project for the entire state will cost up to $50 million.

“The plan is basically to try and create some thing like a cooperative that will help provide big machineries for farmers and also provide storage facilities for farmers”.

We will help them in providing storage facilities and we will be able to help them sell their product.
“This will involve about ten communities to the tune of $650,000. There is also room for investors to be involved so that when we are selling the products, we will have investors who are interested.

“So at the end of the day, hopefully, this will be the right way to go in terms of investment in the agricultural sector” he stated.

On the proposed summit, he said  “ we are expecting the Comrade Governor, Adams Oshiomohle, the Crown  Prince, Edaiken of Uselu, traditional rulers, experts in different fields so that at the end of the day, we will come up with a blueprint that we will give the state government to implement. The purpose is for us to assist in the development of our state”.


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