Big Win For Edo! Governor Monday Okpebholo Strikes $250M Investment Pact With EuroAfrica CCI

The Edo State Government, led by Governor Monday Okpebholo, has secured a landmark $250 million investment partnership with the European African Chamber of Commerce and Industries (EuroAfrica CCI), a coalition representing chambers of commerce across 98 countries in Europe and Africa.....KINDLY READ THE FULL STORY HERE▶

The agreement was formalized during the 2025 Edo State Global Investment Summit in Glasgow, Scotland, providing a strategic framework for EuroAfrica CCI to channel funds into Edo over a three to five-year period.

Under the pact, investments will focus on agriculture and agro-processing, mining and solid minerals, technical education and skills development, renewable energy, and green infrastructure.

In a statement released on Thursday by his Chief Press Secretary, Fred Itua, Governor Okpebholo, through the Office of the Secretary to the State Government, reaffirmed his administration’s commitment to fostering an investor-friendly environment. He highlighted ongoing reforms such as simplified registration processes, transparent land administration, and selective tax incentives to enhance investor confidence.

“We will uphold transparency, accountability, and strong institutional support to ensure these investments create jobs, opportunities, and sustainable development for the people of Edo,” the governor assured.

EuroAfrica CCI’s Director-General, Amb. Dr. Kingsley Obasohan, emphasized that the chamber would align with Nigeria’s local content policy, adding that the initiative would “directly empower Edo citizens through capacity building, job creation, and industrial value chain expansion.”

The deal, which initially spans five years, includes mechanisms for regular joint reviews to monitor progress and guarantee accountability.

Governor Okpebholo further noted that the partnership underscores his administration’s vision of making Edo a premier investment hub in Nigeria while prioritizing inclusive growth and human capital development.