Fidelity bank card banner Emerald Energy Institute Camano banner

Local, international companies jostle for exhibition space at Edo Alaghodaro Summit

By News Express on 25/10/2017

Gmail icon

Views: 885

*Venue of the summit
*Venue of the summit

In what has turned into a fierce battle for the juiciest piece of investment opportunity, international and local companies are jostling for exhibition space at the Edo State Alaghodaro Investment Summit, holding in Benin City, the state capital.

In a statement, the state government said that it got an avalanche of requests from companies angling to clinch vantage points at the summit, which is primed to showcase the state’s domesticated version of the Economic Recovery and Growth Plan (ERGP) and the vast investment opportunities in agriculture, industries, healthcare, education and infrastructure, among others.

The three-day summit is christened ‘Alaghodaro,’ which means "progress" and will hold at Edo Hotels, Okada Avenue, Benin City from November 10.

According to the state government, dignitaries attending the summit include President Muhammadu Buhari; Vice President Yemi Osibanjo; Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah; Minister of State for Health, Dr. Osagie Ehanire; former Governor of Cross River State, Donald Duke; former Inspector General of Police (IGP), Solomon Arase and Senator Ben Murray Bruce.     

Some of the international companies expected are General Electric of the United States (US), Mahindra Group of India, Tolaram Group of Singapore, Olam Group, Indorama and WACOT Limited.

Leading African businessmen to the summit is Africa’s richest man, Aliko Dangote of Dangote Group, to be joined by Managing Director, Shell Nigeria, Osagie Okunbor; Cosmas Maduka of Coscharis Group; Chairman of Africa Initiative for Governance (AIG) and former Managing Director of Access Bank, Aigboje Aig-Imoukhuede; BUA Group, Okomu Oil Plc., PRESCO Plc., SARO Agroscience, Guinness Plc., Nigerian Bottling Company, and many others.

Chairman of Alaghodaro 2017, Asue Ighodalo said the summit is a departure from past parleys, noting that there is a move to mobilise investors to Edo State and steer it off heavy dependence on oil money.

Ighodalo further said: “The world over, governments are looking beyond oil to alternative revenue sources in order to ensure sustainable development, and we must also get creative and take action today for our future and the future of our children.”


Source News Express

Posted 25/10/2017 05:14:45 AM





You may also like...
Russia stun Spain with penalty shootout win to...

Senate knocks Buhari over comment that most lawmakers...

Nigeria vs Atletico Madrid: Police deploy 424 personnel...

2019: Third Force Grand Coalition clears the air...

2019: Arrest car donor to Buhari now, HURIWA...

Nigeria sends 800 soldiers to Darfur

APC’s incompetence cause of economic recession, not Jonathan...

Saraki delivers lecture in Washington DC on Saturday...

Troops rescue traders, kill 5 militants and 2...

Akeredolu freezes councils’ accounts, stops appointees’ salaries

US hotline moves to rescue Diaspora Nigerian women...

Romeo Obika for burial May 31, 2019


Latest News Unbeatable Abdul Titi Kone re-emerges African Freestyle Football Champion Wadume: Military, Police disagreement stalls trial of kidnap kingpin, other suspects Unknown gunmen kill traditional ruler Igbos storm United Nations over alleged marginalisation by Buhari administration Minimum wage talks deadlocked again as FG, Labour fail to reach agreement NFIU clears the air on letter seeking bank account details of senators, judicial officers Over 100 LGAs ravaged by flood in 33 states Sacked Lecturer: PUNCH Correspondent arrested over petition Xenophobia: Apologies from South Africa not enough, says HURIWA Islamic State Leader issues fresh battle cry Abuja not under any form of siege — IGP Boko Haram: Borno Governor demands more protection for Maiduguri •Details of how terror group shook UNIMAID


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (540,812 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (443,101 views) Shameless Genevieve Nnaji exposes breasts in public (389,396 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (326,705 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (294,690 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (253,650 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (249,766 views) 10 cars more expensive than Jets (238,395 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (231,484 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (217,505 views) Lagos plane crash: Journalist releases victims’ names (195,850 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (193,453 views)


CBN milk production

CBN banner advert

UBA Wise Savers Promo


Categories Advertorials (3) African Press Organisation (81) Art & Literature (102) Business & Economy (4,444) Business Verdict (80) Columnists (1,109) Complaints & Requests (96) Enterprise & Opportunities (215) Entertainment (664) Features (812) Global Business Monitor (442) ICT Monitor (63) International (3,955) Interview (203) Live Commentary (30) Love Matters (170) Maggie's Blog (414) News (51,389) Opinion (1,359) Pidgin (17) Politics (11,447) Religion (1,102) Sports (2,168) Stock Watch (39) AMA & Al Jazeera Global Update







APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera