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YPP targets $26b foreign direct investment in Delta

By m Monday Osayande, Asaba
26 October 2022   |   3:08 am
Delta State Young People Party (YPP) governorship candidate, Sunny Ofehe, yesterday, unveiled his running mate, Mrs Elohor Edafe-erede, and promised to attract $26 billion foreign direct investment

[FILES] Delta State. Photo/facebook/DSGovernment/

Delta State Young People Party (YPP) governorship candidate, Sunny Ofehe, yesterday, unveiled his running mate, Mrs Elohor Edafe-erede, and promised to attract $26 billion foreign direct investment, revive Asaba Textile Mill and other moribund industries in the state if elected governor in 2023.

Ofehe, in his campaign at the plastic market on Robert Road, Lower Erejuwa Road, and the Effurun Spare Parts Market, near Warri, said he would not in any way rely on federal funding to implement his social and economic policies for the state but would create an environment that would attract investors and support the state’s revenue-generating efforts.

He revealed that he was already in discussions with foreign partners, who had shown interest in his leadership abilities to revitalise the state’s economy and build a world-class infrastructure as someone who had spent 27 years abroad.

According to him, any responsible government with substantial mineral resources and human capital development, such as Delta, should be able to generate and attract FDI worth $26 billion every year.

The Netherlands-based environmentalist promised the traders a gas turbine that would provide them with electricity 24 hours.