The Federal Government has flagged off the Presidential Initiative for the Industrialisation of Niger Delta in Akure, Ondo State.
The Minister of Niger Delta Affairs (MNDA), Usani Uguru Usani who led the FG delegation yesterday said the Presidential Initiative was intended to revive moribund industries, exploit and explore the huge economic potentials in the region by involving the private sector.
Usani said that government was working together with those who can provide the funds in order to overcome the challenge of funding this laudable initiative while calling on investors to take advantage of the viability of Ondo State by investing in the state in the areas of agriculture, solid minerals and industrialisation.
Ondo State Governor, Rotimi Akeredolu said the state was determined to work with the FG and the private sector in order to achieve the cardinal points of his administration which includes, industrialisation, agriculture and entrepreneurship.
The Presidential Industrialisation Initiative Team used the opportunity of being in Ondo State to visit some oil palm producing sites in Akure North Local Government Area, for on- the-spot -assessment of the challenges confronting the various oil plants in the state.