Governor Oluwarotimi Akeredolu has assured the diaspora community willing to invest in Ondo state that their investments would be protected and safe.
Governor Akeredolu said his administration was committed to collaborating with the diaspora community in channeling investments across vital and viable sectors of the state’s economy for inclusive and rapid growth
He spoke at Ondo Diaspora Virtual Summit titled ‘Develop Ondo 2.1’, which targeted the state’s indigenes worldwide.
Represented by his deputy, Lucky Aiyedatiwa, Governor Akeredolu listed key sectors for investment opportunities including agriculture, technology, and real estate.
Governor Akeredolu said the state recognized its diaspora community as a valuable asset and a crucial development partner.
He urged participants at the summit to identify and leverage investment opportunities within the state even as he assured them of the state’s commitment to protecting their investments through infrastructure availability and an investment-friendly legal and policy framework.
The state commissioner for finance, Wale Akinterinwa, informed the diaspora community about key investment-friendly attributes of the state, including its coastline status.
Akinterinwa said the administration of Akeredolu has removed red tape and made provisions for the protection of private property and investments.
Director General of the Ondo State Development and Investment Promotion Agency (ONDIPA), Gbenga Badejo, said the state was ready to facilitate investments from the diaspora by providing structure to capture funding and ensure their successful performance.
The summit was organized to mobilize investments from the state’s diaspora, with support from the United Nations Development Programme (UNDP) and the European Union through the Integrated National Financing Framework (INFF) Phase II programme led by the Minister of Finance and supported by the Office of the Senior Special Assistant to the President on SDGs (OSSAP-SDGs).
