The Edo State Government said it attracted investments worth over $109 million equivalent to N151,893,680 billion in the 2025 fiscal year.
Amen Odigie, Managing Director of the Edo State Investment Promotion Office (ESIPO), disclosed this to newsmen in Benin City while highlighting the office’s major achievements in 2025.
Odigie listed some of the investments and their worth including Zeta Autos valued at about $3 million and Presco PLC of about $100 million.
He noted that the proposed site for Zeta Autos had been identified and a Memorandum of Understanding (MoU) signed while Presco PLC is set to inject about $100 million in Foreign Direct Investment into Edo State’s agriculture sector.
He said the investment attraction is a collective responsibility involving collaboration with other Ministries, Departments and Agencies (MDAs).
The ESIPO boss described the investments as a strong indication of growing investors’ confidence in Edo State’s business environment.
He also disclosed that the State Government facilitated the certification of 10 Micro, Small and Medium Enterprises (MSMEs) through the Nigerian Export Promotion Council (NEPC).
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He opined that the certification was a landmark achievement geared towards boosting export readiness and promoting Made-in-Edo goods.
Odigie, who expressed the State Government’s readiness to intensify investment facilitation efforts in 2026, noted that the certification processed directly through the NEPC headquarters in Abuja, removed bureaucratic bottlenecks and unlocked global market access for Edo-based agro-processing enterprises.
He gave the names of the MSMEs that were certified as Tamah Limited, Fonwose Global Services Limited, Amineru Nigeria Enterprises Limited, Osimhe Ventures Limited, and Neo-Ritzy Limited.
Others are JVV Food Limited, Usediameg Limited, P.P. International Foods Limited, Gem Organic Foods, and Varli Foods Limited.
He explained that several investments announced by the State Government are already in advanced stages and expected to commence soon.
He further stated that ESIPO had delivered over 170 aftercare services to existing businesses, despite logistical challenges inherited from the previous administration.
According to him, many operational concerns affecting investors were addressed through these engagements. Aftercare remains a key component of the office’s mandate and is vital to sustaining investor confidence and ensuring business continuity.
Odigie, who commended Governor Okpebholo for his commitment to resolving challenges confronting businesses in the State, noted that the administration remains focused on strengthening MSMEs, supporting investors, and positioning Edo State as a preferred destination for investment.
