Ondo State Now a Global Investment Magnet, Says Governor Aiyedatiwa
…As Johnvents Group’s expansion strengthens industrial growth, youth employment
Ondo State Governor, Dr. Lucky Orimisan Aiyedatiwa, has declared that the state has entered a new era of economic transformation, positioning itself as a rising global investment destination.
Speaking at the Johnvents Group 2025 End-of-Year Celebration held at The Dome, Akure, the Governor said the multinational growth of the Johnvents conglomerate—now active across three continents—demonstrates that Ondo State has successfully built an environment where industries can thrive globally.
Governor Aiyedatiwa highlighted the company’s impact profile, describing it as evidence of real economic reforms taking shape across the state:
Over 10 functional factories
1,500 direct employees
Thousands of benefiting households
5,000+ engaged farmers
More than 10,000 empowered young people
According to him, these achievements show that the administration’s economic agenda has moved beyond policy formation to measurable outcomes.
Reforms Driving Ondo’s Investment Attraction
The Governor outlined key reforms accelerating the state’s emergence as a competitive investment hub:
Strengthened security architecture
Ongoing expansion of road networks linking production points to markets
Targeted power solutions for industrial corridors
Full digitisation of government processes
A streamlined, investor-friendly one-stop system through the Ondo State Investment Promotion Agency (ONDIPA)
Aiyedatiwa described agriculture as the state’s strongest comparative advantage, noting that value chains in cocoa, cassava, cashew, oil palm, aquaculture, and timber have been significantly modernised to attract large-scale investors.
With representatives of British International Investment, IFC, AFC, United Capital, and Commercio Partners present at the event, the Governor said Ondo’s economic direction aligns with global investment expectations.
> “This is a story that assures every investor here and every partner across the world that Ondo State is ready for investment, ready for expansion, ready for innovation and ready for global competitiveness,” Aiyedatiwa said.
He commended Johnvents Group for spearheading the state’s industrial renaissance and expressed confidence that Ondo will witness more international investors plugging into its rising opportunities.
Earlier in his remarks, the Group Executive Director (Real Sector), Mr. Tarun Chawla, applauded the Aiyedatiwa administration for creating an enabling environment that supports business growth and productive engagement of residents.
𝗙𝗼𝗹𝗹𝗼𝘄 𝗢𝘂𝗿 𝗪𝗵𝗮𝘁𝘀𝗔𝗽𝗽 𝗖𝗵𝗮𝗻𝗻𝗲𝗹 𝗧𝗼 𝗚𝗲𝘁 𝗟𝗮𝘁𝗲𝘀𝘁 𝗡𝗲𝘄𝘀 𝗔𝘀 𝗜𝘁'𝘀 𝗗𝗿𝗼𝗽!
