Governor Lucky Orimisan Aiyedatiwa has secured major investment commitments for Ondo State with the signing of agreements for a Deep Sea Port and a $4 billion petrochemical fertiliser plant at the Ondo State Investment Summit 2026 in Akure.
The Deep Sea Port project will operate under a Public-Private Partnership model, with the state holding a 12.5% equity stake, while private investors retain 87.5%. The fertiliser plant is expected to drive industrial growth, job creation, and export capacity.
The governor said the initiative marks a shift from a civil service–driven economy to a private sector-led industrial model under his OUR EASE agenda, positioning Ondo as an investment destination backed by policy stability, infrastructure development, and natural economic advantages.
Senate President Godswill Akpabio, represented by Senator Jimoh Ibrahim, urged the governor to stay focused despite criticism, noting that achievements would define his legacy.
Chairman of the Nigerians in Diaspora Commission, Abike Dabiri-Erewa, encouraged Nigerians abroad to channel remittances into industrial investments to support economic growth.
Stakeholders at the summit agreed that Ondo State’s future prosperity lies in attracting private capital, building industries, and creating sustainable employment opportunities.
𝗙𝗼𝗹𝗹𝗼𝘄 𝗢𝘂𝗿 𝗪𝗵𝗮𝘁𝘀𝗔𝗽𝗽 𝗖𝗵𝗮𝗻𝗻𝗲𝗹 𝗧𝗼 𝗚𝗲𝘁 𝗟𝗮𝘁𝗲𝘀𝘁 𝗡𝗲𝘄𝘀 𝗔𝘀 𝗜𝘁'𝘀 𝗗𝗿𝗼𝗽!
