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Ondo Sea Port will boost economy- Commissioner

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  Governor Rotimi Akeredolu of Ondo State The Ondo state government said Wednesday that the Ondo deepwater port when operational will create massive job opportunities and boost the nation s economy Prince Boye Ologbese Commissioner for Regional Integration and Diaspora Ondo State had this to say at the 2022 Nigerian Diaspora Investment Summit NDIS in Abuja Ologbese explained that projecting and redeveloping the Ondo deep water port for the nation s export business would not only balance the foreign exchange market but also create job opportunities especially in the southwestern region He added that the summit theme Investment Opportunities in Ondo State was deliberately coined in line with the vision and Redeemed Agenda of the current administration of Governor Oluwarotimi Akeredolu He noted that the theme was geared towards boosting key business potentials for socio economic development especially as technology was rapidly advancing ahead of county crude oil According to him as a means of revenue for the nation and our unstable foreign exchange market planning and designing our Ondo deep water port for the nation s export business will not only balance the foreign exchange market It will strengthen our naira and also create many employment opportunities for our young teams across the South West region Therefore the summit aims to position Ondo State as an investment destination among the three most competitive states in Nigeria in terms of accelerated growth increased economic opportunities and better quality of life for citizens It also aims to promote investment opportunities and foster synergy as well as partnership between government institutions and the private sectors which are critical players in the nation s socio economic development It is for this reason that the Ondo State Ministry of Regional Integration and Diaspora Relations was created with the objectives of providing strategic advice and support to the government to promote economic development and attract investors within and in the diaspora You will be interested to know that the proper participation of our diasporas will boost the economic growth of this country He expressed his confidence that investors and businessmen will leave the summit with a better understanding of investment opportunities in Ondo State and more optimism for the future As a government we await the resolution of this summit for its implementation The Nigerian News Agency reports that the NDIS has as its theme Optimizing investment opportunities for national development It also informs that the summit that would end this Thursday will focus on the investment opportunities of Ondo State Edited Isaac Aregbesola Source Credit NAN
Ondo Sea Port will boost economy- Commissioner

Rotimi Akeredolu

Governor Rotimi Akeredolu of Ondo State

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The Ondo state government said Wednesday that the Ondo deepwater port, when operational, will create massive job opportunities and boost the nation’s economy.

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Prince Boye Ologbese

Prince Boye Ologbese, Commissioner for Regional Integration and Diaspora, Ondo State, had this to say at the 2022 Nigerian Diaspora Investment Summit (NDIS) in Abuja.

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Ologbese explained that projecting and redeveloping the Ondo deep-water port for the nation’s export business would not only balance the foreign exchange market, but also create job opportunities, especially in the southwestern region.

Investment Opportunities in Ondo State

He added that the summit theme “Investment Opportunities in Ondo State” was deliberately coined in line with the vision and “Redeemed Agenda” of the current administration of Governor Oluwarotimi Akeredolu.

He noted that the theme was geared towards boosting key business potentials for socio-economic development, especially as technology was rapidly advancing ahead of county crude oil.

According to him, as a means of revenue for the nation and our unstable foreign exchange market, planning and designing our Ondo deep-water port for the nation’s export business will not only balance the foreign exchange market.

South West

“It will strengthen our naira and also create many employment opportunities for our young teams across the South West region.

Ondo State

“Therefore, the summit aims to position Ondo State as an investment destination among the three most competitive states in Nigeria in terms of accelerated growth, increased economic opportunities and better quality of life for citizens.

“It also aims to promote investment opportunities and foster synergy, as well as partnership between government institutions and the private sectors, which are critical players in the nation’s socio-economic development.

Ondo State Ministry of Regional Integration and Diaspora Relations

“It is for this reason that the Ondo State Ministry of Regional Integration and Diaspora Relations was created, with the objectives of providing strategic advice and support to the government to promote economic development and attract investors within and in the diaspora.

“You will be interested to know that the proper participation of our diasporas will boost the economic growth of this country.”

Ondo State

He expressed his confidence that investors and businessmen will leave the summit with a better understanding of investment opportunities in Ondo State and more optimism for the future.

“As a government, we await the resolution of this summit for its implementation.

Nigerian News Agency

The Nigerian News Agency ( ) reports that the NDIS has as its theme: “Optimizing investment opportunities for national development”.

Ondo State

It also informs that the summit that would end this Thursday will focus on the investment opportunities of Ondo State.

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Edited / Isaac Aregbesola

Source Credit

Source Credit: NAN

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