Olushola Omogbehin
Governor Lucky Orimisan Aiyedatiwa has secured major investment commitments for Ondo State with the signing of agreements for a Deep Sea Port and a $4 billion petrochemical fertiliser plant at the Ondo State Investment Summit 2026 in Akure.
The Deep Sea Port project will operate under a Public-Private Partnership model, with the state holding a 12.5% equity stake, while private investors retain 87.5%.
The fertiliser plant is expected to drive industrial growth, job creation, and export capacity.
According to Aiyedatiwa, the initiative marks a shift from a civil service–driven economy to a private sector-led industrial model under his OUR EASE agenda, positioning Ondo as an investment destination backed by policy stability, infrastructure development, and natural economic advantages.
Senate President Godswill Akpabio, represented by Senator Jimoh Ibrahim, urged the governor to stay focused despite criticism, noting that achievements would define his legacy.
Chairman of the Nigerians in Diaspora Commission, Abike Dabiri-Erewa, encouraged Nigerians abroad to channel remittances into industrial investments to support economic growth while the Special Adviser to President Tinubu on Economic Affairs, Tope Fasua, outlined federal economic reforms aimed at improving the investment climate,
Stakeholders at the summit who include Ondo State Deputy Governor, Dr Olayide Adelami; First Lady, Mrs Esther Oluwaseun Aiyedatiwa and Chief Judge of Ondo State, Justice Olusegun Odusola, agreed that Ondo State’s future prosperity lies in attracting private capital, building industries, and creating sustainable employment opportunities.
Head of Service, Mr Bayo Philip; President of the Customary Court of Appeal, Justice Eunice Alade; and representatives of security agencies, lawmakers, traditional rulers and members of the State Executive Council, were also at the meeting.
