Ondo Set For Global Economic Expansion

By Ololade Justin, Akure

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Ondo State Governor, Lucky Aiyedatiwa, has announced that the state is ready for global investment, large-scale expansion, and international competition.

The governor made the declaration at the Johnvents Group 2025 End-of-Year Celebration in Akure, the state capital, highlighting Ondo’s progress in creating a business-friendly environment.

He cited the growth of Johnvents Group, a conglomerate operating across three continents, as proof of the state’s potential to support world-class enterprises.

He explained that the state’s readiness for global investment is anchored on deliberate reforms, including stronger security architecture, expanding road networks linking production clusters to markets, power initiatives around industrial zones, digitised government operations, and a streamlined one-stop investment interface through the Ondo State Development and Investment Promotion Agency (ONDIPA).

According to Aiyedatiwa, these efforts have reshaped Ondo into a destination where investors can operate with confidence, speed, and predictability.

The Governor highlighted agriculture as the state’s biggest comparative advantage, noting the transformation of value chains in cocoa, cassava, cashew, oil palm, timber, and aquaculture sectors, where global players can scale operations without friction.

With representatives from British International Investment, International Finance Corporation, African Finance Corporation, United Capital, and Commercio Partners present, Aiyedatiwa said Ondo was positioning itself firmly within international investment networks.

He stressed that prosperity in the 21st century thrives through collaboration and shared ambition, emphasising the state’s commitment to sustaining an environment where businesses can scale into global markets.

Reaffirming the state’s new direction, the Governor declared: “This is a story that assures every investor here and every partner across the world that Ondo State is ready for investment, ready for expansion, ready for innovation, and ready for global competitiveness.”

Governor Aiyedatiwa also congratulated Johnvents for symbolising Ondo’s industrial renaissance and expressed optimism that more global investors would leverage the state’s emerging opportunities.

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