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Ondo Drives Non-oil Export With Cocoa Production

Tope Fayehun by Tope Fayehun
3 years ago
in News
Oluwarotimi Akeredolu
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Ondo State Governor Oluwarotimi Akeredolu has said his administration  is investing more in cocoa production to boost  non-Oil export for both local and international markets.

Akeredolu said agriculture had always been the mainstay of the economy until the government abandoned the sector due to the advent of oil exploration.

Represented by the acting governor, Hon. Lucky Ayedatiwa, he said the government would embrace the full potential in the sector to boost the state economy and create enabling environments for local farmers and exporters for ease of doing business.

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Addressing investors in the non-oil export sector in Akure, the state capital, the governor promised to  Fast-track the Deep Sea Port project in the state to make the exportation of produce easier.

In his presentation on the advantages of non-oil export growth to the Nigerian economy, the head of development finance, CBN Akure, Mr Olumide Adebanjo, said the apex bank  and deposit banks are willing to support exporters and local farmers to achieve the development of the cocoa revolution in the state.

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Tope Fayehun

Tope Fayehun

Tope Fayehun is an award-winning journalist with over 14 years of experience, currently with Leadership Media Group. His reporting has contributed to conversations around democracy and good governance in Nigeria and beyond. He is on X at @temitopefayehu1.

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