Edino Chubiyo Cornelius 
EKITI, Nigeria – The Ekiti Egyptian investment mission is expected to attract up to $500 million in new investments as the Ekiti State Government steps up efforts to expand industrialisation, strengthen manufacturing and create jobs through strategic partnerships with Egyptian businesses.
The Commissioner for Agriculture and Food Security, Ebenezer Boluwade, announces the investment target in a statement issued on Sunday in Ado Ekiti.
According to Boluwade, the target follows a five-day Ekiti-Egypt Industrial Investment Mission held in Egypt, where state officials engaged more than 40 Egyptian industrialists, manufacturers, agribusiness operators, mining companies and investors.
The discussions produce eight Expressions of Interest covering agriculture, agro-processing, commercial farming, seed production, textiles, manufacturing and solid minerals.
Boluwade says the state is prioritising investments that strengthen agricultural value chains by connecting farmers directly with processors and markets.
He explains that the strategy will help increase agricultural productivity while ensuring more value from farming activities remains within Ekiti State.
Commissioner for Investment, Trade and Industry, Omotayo Adeola, says the government’s immediate focus is converting investor interest into concrete investments.
According to her, the next phase will involve site visits, commercial negotiations, capital commitments and the establishment of factories and production facilities across the state.
Adeola says Ekiti remains open to credible investors from Egypt and other countries willing to establish sustainable businesses.
Special Adviser to the Governor on Transformation and Service Delivery, Dr John Ekundayo, says the success of the investment drive will ultimately be measured by its impact on the lives of residents.
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Oluwafunbi Bello 
Hope Ajayi 
Mirian Gom 