Mr. Osarenren Derek Izedonmwen African Democratic Congress, ADC, governorship candidate in the September 21 election in Edo State, has vowed to break the cycle of economic stagnation with robust investments in Agriculture to attract Foreign Direct Investment FDI.
Izedonmwen also pledged to visit his planned revolution on industrialization and infrastructural development of the state, coupled with strong security measures to ensure growth and stability, if elected governor.
According to him: “The vision for Edo State is clear—transform the state into a beacon of economic resilience through strategic investments in Agriculture, Industrialisation, and Infrastructure, all underpinned by an unwavering commitment to security.
“This comprehensive approach will not only stabilize Edo’s economy but also serve as a model for the rest of Nigeria. However, the realization of these plans demands not just any leadership but the right leadership.
“Edo needs leaders who are not merely content with understanding, what needs to be done but are adept at knowing ‘how’ to execute these plans effectively. Leaders who are deliberate, focused, and steadfast in their pursuit of rapid development.
“As we approach the upcoming elections, it is crucial that the people of Edo look for these qualities in their next governor. By ensuring a secure and prosperous Edo, we pave the way for a secure and prosperous nation.
“Edo State, is not bereft of resources but of innovative ideas and transformational leadership—leaders who are prepared, ready to serve, and act decisively in the best interests of our state, and I, Osarenren Derek Izedonmwen is the one.”
For a successful policy implementation, he said: “We will ensure the security of lives and investments is our highest priority. With sufficient resources and innovative technology, we will create a safe environment that encourages farming activities, pacifies our cities, and attracts Foreign Direct Investment, FDI.
“Edo State has a unique opportunity to chart a new course, so my vision is to transform Edo into an economic model of resilience and innovation, driven by strategic investments in Agriculture, Industrialisation, and Infrastructure.
“Our vision for Agriculture in Edo State encompasses two broad approaches: rapidly improving the agricultural productivity of family-based farms through affordable credit, technology, modern farming methods, and targeted government incentives designed to de-risk farming; and transforming agricultural produce into value-added products.
“By processing our cash crops—such as palm oil, rubber, cocoa, and cashew nuts—and food crops like rice, cassava, plantain, and grains into highly sought-after products and create a sustainable agro-based economy that feeds into our industrial sector.”
On industrialisation, he said: “We will set up processing and manufacturing industries in Edo State thereby creating a demand for diversified agricultural products, that will attract more people into farming to supply a ready industrial market.
This sector will thrive on the infrastructure developed, ensuring that products made in Edo reach local and global markets efficiently.
“We will develop infrastructure that will support both agriculture and industrialisation. By improving roads, power, water supply and other utilities, we not only enhance the quality of life for our people but also attract investments that fuel further industrial activities.”
He said despite the current economic hardship, focus on production for export can rejuvenate Edo local economy.
“By targeting the export markets, we can generate revenue that can be re-invested into our local industries, fostering a sustainable cycle of growth and development. Given the importance of this export market to our long-term economic growth, we will prioritize government-led market creation, especially outside the shores of Nigeria.”, he declared.