Alaghodaro 2021 raises hope for Edo's industrial development


Governor Godwin Obaseki of Edo State

By Jethro Ibileke

The Edo State government says this year’s edition of Alaghodaro Summit will be a convergence for local and international manufacturers who are eager to leverage on opportunities created by the Governor Godwin Obaseki-led government to invest in the state.

The Alaghodaro Summit, in its fifth edition, is scheduled to take place between November 12 and 14, 2021, with the theme: “Edo of Our Dreams: Building a Sustainable Future.”

Chairman of the Marketing and Branding Sub-Committee of Alaghodaro 2021, Crusoe Osagie, disclosed this on Wednesday while speaking to journalists in Benin, the State capital.

He said the Governor Godwin Obaseki-led state government has continued to support the state’s manufacturing and industrial sector, ensuring the provision of the right incentives to drive productivity.

Osagie added that the Edo Modular Refinery, the CCETC-Ossiomo Power Plant, and the Edo Production Centre, among other projects to open up Edo’s industrial sector, will be the focal point of this year’s Alaghodaro Summit, as top manufacturers, business owners and other industry stakeholders converge to explore opportunities in the state’s thriving industrial sector.

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According to him, “These incentives, as well as reforms and projects like the Edo Modular Refinery, the CCETC-Ossiomo Power Plant, and the Edo Production Centre, among others, to open up the space for private investment in the manufacturing sector, will be brought to the fore at the Alaghodaro Summit 2021.

“The summit will serve as a platform to bring together local and international manufacturers as well as other industry leaders to review and explore opportunities in the sector.”

According to Osagie, “The Alaghodaro Summit, over the years, has created opportunities for more investors to come into the state to tap from the state’s rich investment opportunities, and this year is no exception.

“With the expanding CCETC- Ossiomo Independent Power Plant that has now opened up the electricity market in Edo State to drive industrial growth and attract private investors, and the 1000bpd Edo modular refinery, which is now ready for production, the state is even more positioned to becoming a business destination haven.”

“Also, in the Edo Production Centre, which is now being expanded to the three senatorial districts in the state, we have ensured the provision of a conducive environment for production, with electricity, water, security and other basic infrastructure. This we did to drive industrial development, provide job opportunities for youths and create wealth for our people.”

“We believe that this year’s Alaghodaro will be even more exciting, as we expect the convergence of local and international manufacturers and other industry stakeholders who are eager to leverage these opportunities created by the Obaseki-led state government,” he restated.

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