BUSINESS

Araromi-Lekki Road, Port Ondo To Forge New Economic Hub, Says Ondo Govt

 

The Ondo State Commissioner for Information and Orientation, Hon. Idowu Ajanaku, has declared that the ongoing Araromi–Lekki road project will link Ondo directly to Lagos and significantly expand trade, logistics, and tourism opportunities if completed.

He made this declaration in Akure while highlighting the government’s multi-sectoral efforts aimed at transforming the state into a vibrant economic hub through the OUR EASE Agenda. Ajanaku further explained that the state’s transformation is being anchored on strategic investments in infrastructure, power, agriculture, tourism, and revenue generation, all of which are repositioning Ondo State for sustainable growth and investor confidence.

While discussing infrastructure as a major focus of Gov. Lucky Aiyedatiwa administration’s economic policy, the Commissioner listed several ongoing road projects including the Ikare–Akungba dualization, Akure–Idanre dualization, Okitipupa–Igbokoda road, flyover bridge on Akure – Ilesa expressway and multiple internal road rehabilitations as evidence of the government’s commitment to ease movement and business accessibility.

He noted, “When these infrastructure projects are completed, Ondo will naturally attract industries, logistics companies, and investors seeking a business-friendly location between the South-West and South-South corridors,” He also spoke on the forthcoming Port Ondo project, describing it as a “game changer” that will open up new frontiers in maritime trade, logistics, and industrialization.

The Commissioner also commended the Ministry of Energy and Mineral Resources for its remarkable progress in improving electricity access and reliability across the state, saying it has enhanced transparency and boosted the confidence of investors. He further stated that it has led to increased productivity and expansion for many small and medium-scale enterprises (SMEs), creating a new wave of business optimism across the state.

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In a related manner, he also lauded the Ondo State Internal Revenue Service (ODIRS) for its excellent drive and dedication in boosting the state’s Internally Generated Revenue (IGR). He said ODIRS has improved revenue collection systems through digital innovation, tax education, and transparent operations, all of which have strengthened the state’s fiscal capacity to fund infrastructure and social projects.

Highlighting the state’s vast agricultural potential, Ajanaku reiterated that Ondo remains Nigeria’s leading cocoa producer and the second largest in West Africa. He said the government is strengthening value addition and agribusiness investment to create jobs and boost export revenue.

In tourism, he announced the government’s approval for the revival of the annual MARE Mountain Climbing Festival in Idanre, scheduled for December, which will further stimulate the local economy and attract investors through public-private partnerships.

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