As part of its quest for the acquisition of more lands for expansion, management of Rubber Estates Nigeria Limited has met with the Chairman of Edo State Investment Promotion Office, Kelvin Uwaibi.
The meeting which held on Wednesday 29th November in ESIPO office Benin city afforded the Managing Director of RENL the opportunity to reassure the ESIPO Chairman and by extension the Edo State Government the readiness of the Company to invest more in the state through Rubber plantation Development.
The MD noted that the Company, (RENL), being a subsidiary of SIFCA Group, a leading Agro Business investor in Africa is determined to invest in Rubber Plantation development in Edo State. The MD assured the State Government that with the approval of more concessions, the Company will bring to bear its expertise in Rubber Plantation Development in the state which will create employment of the indigenes that will in-turn help to address the issue of the teeming out of job youths in the state.
MD Olivier Odoukou further asserted that RENL has the technical expertise to grow rubber plantation with a business-driven strength and vigor that will be of benefit to both the government, community and the company. He stated that the new concessioned will also give rise to a cluster of out-growers’ development.
On his part, the Chairman of ESIPO, Kelvin Uwaibi noted that the State Government through its investment promotion office has created a veritable platform for investors in the State. He maintained that the Government is keen in attracting agricultural investors to the state as this is the only way to go with dwindling price of oil.
Kelvin Uwaibi assured RENL Management of his office readiness to assist in the concession of land for RENL to develop more rubber farm as this will in-turn create job opportunity in the surrounding communities.
