The Edo State government is set to benefit $250m worth of financing from the United States of America for oil palm and cassava value chain development, special agro-processing zones and renewable energy infrastructure in the state.
Okungbowa noted that the state was keen on providing necessary incentives to investors in the oil palm and cassava value chain in the state. Okungbowa said that the state government had set up the Edo State Oil Palm Programme to create the necessary interface to harness its arable land in driving economic activity and creating wealth.
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