A year and some weeks after Vice President Yemi Osinbajo was guest at the coronation of the Oba Ewuare 11 of Benin, the duo met again in Benin, the capital of Edo state.
The two Nigerians met on Saturday, November 11, when Osinbajo performed the ground breaking ceremony of a N200 million industrial park at the Iyanomo community in Benin.
The News Agency of Nigeria (NAN) reports that Osinbajo said when established, the park would create 170,000 direct and indirect jobs and contribute significantly to the further development of the country’s manufacturing industry.
VP Osinbajo addresses Benin people and guests at the event. Credit: Babafemi Oretuyi
Congratulating Governor Godwin Obaseki for the huge investment, Osinbajo said: “This is what the country has been waiting for to take it to greater heights.
“Several other countries have embarked on this line of industrialisation and succeeded.
“If we put in the same effort other countries have put in, we will also excel.
“This strategy has been adopted in some Asian countries and they have achieved several economic growths, diversified their economy, and are now exporters of consumer goods.”
The vice president at the event. Credit: Babafemi Oretuyi
The vice president expressed optimism that the park would also reduce the cost of goods and services in the state and country at large.
He added that the park would further help change the face of the economy of the country and unleash its industrial potentials.
Osinbajo assured Obaseki that the federal government would give the state the necessary support to ensure the completion of the project.
Obaseki earlier explained that the park would be the first in a series his administration is planning to establish to make the state an industrial hub.
Osinbajo and Governor Obaseki at the park. Credit: Babafemi Oretuyi
According to the governor, the park is a public private partnership initiative designed by Mahindra Engineering in conformity to 21st century standard.
“I promised that if I became governor of the state I would commercialise the state, create an enabling environment for businesses to thrive and improve the quality of the lives of our people.
“Our industrialisation of Edo is already yielding results and our hope is to create employment for thousands of people in the state,” the governor said while assuring that the park would be built within 12 months.
Oba Ewuare II was the chairman of the ceremony.
Source: Naija.ng
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