Governor Lucky Aiyedatiwa of Ondo State has declared that the state has reached a defining moment in its economic journey.
He stated that the state is now fully prepared for global investment, large-scale expansion, and international competition.
The governor made the declaration while speaking at the Johnvents Group 2025 End-of-Year Celebration held at The Dome in Akure yesterday.
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Aiyedatiwa praised the Johnvents Group, noting that the rapid growth of the conglomerate, which now operates across three continents—serves as proof that the state has successfully built a business environment capable of supporting world-class enterprises.
He cited the company’s achievements as proof that Ondo State’s economic reforms were delivering “real-world results”.
He noted that the firm now operates more than ten factories and employs around 1,500 workers.
He added that the company supports over 5,000 active farmers and more than 10,000 young people, with thousands of households also benefiting from its activities.
The governor explained that the state’s preparedness for global investment is built on intentional institutional and infrastructural reforms aimed at enabling investors to operate with confidence, speed, and predictability.
He noted that the reforms include strengthening the state’s security architecture, expanding road networks to connect production clusters with markets, and implementing power initiatives targeted at industrial zones.
Aiyedatiwa added that government processes have been digitised to improve efficiency, while a streamlined one-stop investment interface has been created through the Ondo State Development and Investment Promotion Agency (ONDIPA).
Aiyedatiwa highlighted agriculture as the state’s biggest comparative advantage, noting the transformation of value chains in sectors like cocoa, cassava, cashew, oil palm, timber, and aquaculture.
He stressed that global players can now scale operations in these areas “without friction.”
With representatives from international investment bodies, including British International Investment, International Finance Corporation (IFC), African Finance Corporation (AFC), United Capital, and Commercio Partners, the governor stated that the state is firmly positioning itself within global investment networks.
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He reaffirmed the state’s commitment to sustaining an environment where businesses can scale into global markets, declaring that “Ondo State is ready for investment, ready for expansion, ready for innovation and ready for global competitiveness.”
In his address, Tarun Chawla, the Group Executive Director (Real Sector) for Johnvents, commended the governor for providing the enabling environment for businesses to thrive.
