The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, Ojaja II, has unveiled a Private Public Partnership Community Development plan to create 50,000 jobs for Nigerian youths.
The monarch who in company of Osun State Governor, Senator Ademola Adeleke signed a Memorandum of Understanding (MoU) with a government owned Chinese company; China Overseas Energy Development Technology Limited at his palace in Ile-Ife recently said the company will invest in Agriculture, Green Energy and explore the gold, lithium and other mineral resources in Ile-Ife and Osun at large.
He said the company will focus on the development of agriculture, mechanised farming, cocoa processing in large quantities, adding that solar energy, exploration of lithium, gold, liquefied natural gas and other major mineral resources would be part of their goals.
Ooni Ogunwusi who expressed his confidence in the ability of the company to deliver disclosed that signing of the MoU will provide employment opportunities for about 50,000 Nigerians. and guarantee unprecedented investment flow.
“They will farm on over 20,000 hectares of land, generate green energy using solar which is starting from this palace, this palace will be powered by solar 100 per cent within the next 30 to 60 days when it’s already completed”. Ooni stated.
According to the monarch, the future of Nigeria oil and gas lies in lithium, adding that soonest oil and gas would go down and lithium would be the only assistance to power batteries, electric cars and ceiling among others.
At the event, Governor Adeleke lauded Ooni for his initiative and commended the management of the Chinese company for yielding and agreeing to invest heavily in Ile-Ife and Osun at large.
He, however, restated his commitment to continue to promote culture, tourism and entertainment in Osun to improve on the economy of the state and wellbeing of the citizenry.
In his remark, after signing the MoU, the Managing Director/Chief Executive Officer, China Oversea Energy Development Ltd, Mr Zhang Xiaolin, applauded Ooni for partnering with their company that is set to invest in agriculture, green energy, mining among other mineral resources.
