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6 — SATURDAY Vanguard, NOVEMBER 12, 2022<br />
Alaghodaro investment summit in Edo yesterday<br />
•The Edo State Governor, Mr. Godwin Obaseki (right) exchanging pleasantries with the Oba of<br />
Benin, Oba Ewuare II, at the sixth edition of the Alaghodaro Investment summit taking place<br />
in Benin City, between Friday, November 11 and Sunday, November 13, 2022.<br />
•L-R: Special Adviser, Strategy, Policy, Projects and<br />
Performance Management, Sarah Esangbedo Ajose-Adeogun;<br />
Governor Godwin Obaseki; the Chairman<br />
of Sterling Bank Plc and Alaghodaro Summit<br />
Ltd/Gte, Mr. Asue Ighodalo, and the Managing Director<br />
of Edo State Investment Promotion Office (ES-<br />
IPO), Mr. Kelvin Uwaibi, inspecting exhibition stands<br />
at the sixth edition of the Alaghodaro Investment<br />
summit taking place in Benin City, between Friday,<br />
November 11 and Sunday, November 13, 2022.<br />
•L-R: Edo State Commissioner for Finance and Budget, Joseph Eboigbe; Edo State<br />
Commissioner for Mining and Energy, Ethan Uzamere; Chief Executive Officer,<br />
Sport Nigeria Ltd/Gte, Nkechi Nneka Obi; Edo State Deputy Governor, Rt. Hon.<br />
Comrade Philip Shaibu; Governor Godwin Obaseki; Group Managing Director/<br />
Chief Executive Officer (CEO), Omoboyede Olusanya; Chairman and Managing<br />
Director of Persianas Nigeria Limited, Tayo Amusan; Partner, Udo Udoma & Belo-<br />
Osagie, Ozofu Latunde Ogiemudia.<br />
•R-L: Managing Director, Ossiomo Power Company and Keynote Speaker, Alaghodaro<br />
2022, Dr. Uwa Igiehon; Secretary to the Edo State Government, Osarodion<br />
Ogie Esq; Head of Service, Anthony Okungbowa Esq. and Chief of Staff to Edo<br />
State Governor, Engr. Osaigbovo Iyoha.<br />
•R-L: Edo State Governor, Mr. Godwin Obaseki; his wife, Mrs. Betsy Obaseki; Edo<br />
State Deputy Governor, Rt. Hon. Comrade Philip Shaibu; his wife, MaryAnn Shaibu;<br />
Speaker of the Edo State House of Assembly, Rt. Hon. Marcus Onobun and<br />
Chief Judge of Edo State, Hon. Justice Joe Acha, at the event.<br />
The Edo State Governor,<br />
Mr Godwin Obaseki, has<br />
set an Internally<br />
Generated Revenue (IGR)<br />
target of N60 billion for the<br />
state in 2023 at the<br />
Alaghodaro Investment<br />
Summit, holding in Benin<br />
City, the state capital.<br />
The summit is organised<br />
yearly, in partnership with<br />
the private sector, to mark<br />
•L-R: Founder and Chairman, Signal Alliance technology Holdings, Collins E.<br />
Onuegbu; Chairman, Taskforce on Internally Generated Revenue (IGR), Edo State<br />
Internal Revenue Service (EIRS), John Inegbedion; Executive Secretary, Nigerian<br />
Investment Promotion Commission (NIPC), Saratu Umar; Edo State Deputy Governor,<br />
Rt. Hon. Comrade Philip Shaibu; Head of Deal Advisory, Nigeria, KPMG,<br />
Dimeji Salaudeen; Head of Transitions, MasterCard Foundation, Ukinebo Dare;<br />
Chief Executive Officer, Agon Continental Limited, Nnanna Ude; Chairman of<br />
Sterling Bank and Chairman, Alaghodaro Ltd/Gte, Dr. Asue Ighodalo.<br />
Alaghodaro investment summit: Obaseki sets N60bn<br />
revenue target for 2023<br />
•Lists Benin Enterprise Park, Cultural District, Ossiomo Power, others<br />
•As Ighodalo, Igiehon, others predict economic boom<br />
•Oba Ewuare II, other dignitaries grace occasion<br />
By Ozioruva Aliu<br />
the anniversary of Governor<br />
Godwin Obaseki in office and<br />
showcase the progress being<br />
recorded in transforming the<br />
state into an investment<br />
haven.<br />
This year’s edition, to mark<br />
the governor’s 6th<br />
anniversary, themed “Edo’s<br />
Transformation:<br />
Partnerships, Resilience,<br />
Impact,” is taking place<br />
between Friday, November<br />
11 and Sunday, November<br />
13, 2022.<br />
For the first time in six<br />
years, the Oba of Benin, Omo<br />
N’Oba N’Edo Uku<br />
Akpolokpolo, Ewuare II, CFR<br />
attended the summit.<br />
Oba Ewuare II who only<br />
superintended over the<br />
traditional breaking of<br />
kolanut during the opening<br />
session of the event did not<br />
make any speech at the event.<br />
Other dignitaries at the<br />
event include Edo State<br />
Deputy Governor, Rt. Hon.<br />
Comrade Philip Shaibu;<br />
Secretary to Edo State<br />
Government, Osarodion Ogie<br />
Esq.; Speaker, Edo State House<br />
of Assembly, Rt. Hon. Marcus<br />
Onobun; Chief of Staff to the<br />
Governor, Osaigbovo Iyoha;<br />
Commissioner for Culture,<br />
Tourism and Diaspora Affairs,<br />
Hon. Olaitan Bamidele, and<br />
Chief Imam of Benin Kingdom,<br />
Alhaji Fatai Enabulele, among<br />
others.<br />
Meanwhile, experts at the<br />
event predicted a positive<br />
economic outlook in Edo on<br />
the back of the Benin<br />
Enterprise Park, the<br />
Cultural District, Modular<br />
Refinery, Ossiomo Power<br />
Company and other<br />
numerous transformative<br />
reforms and projects pursued<br />
by the state government.<br />
Obaseki, in his address, said<br />
the state’s growth will come<br />
from leveraging its<br />
comparative advantage and<br />
exploring opportunities in<br />
culture, forestry,<br />
manufacturing, agriculture<br />
and technology, among<br />
other sectors of the state’s<br />
economy, to drive<br />
development.<br />
The governor said, “We see<br />
growth ahead of us and this<br />
growth is going to come from<br />
certain endowments that we<br />
have which most people don’t<br />
have. Our culture – people<br />
must come and see us and<br />
admire what our forebears<br />
built. Our forestry assets – the<br />
world is talking about net zero<br />
carbon and we have<br />
something to contribute to the<br />
environment and<br />
environmental economy.<br />
“Manufacturing is the way<br />
to go. Edo has the largest<br />
onshore gas reserve in Nigeria<br />
with most of our other gas in<br />
the swamps and the offshore.<br />
With that energy source,<br />
there’s no reason we cannot<br />
continues on page 7