Ondo ready to partner with investors, says Aiyedatiwa

Ondo State Governor, Mr. Lucky Aiyedatiwa. Credit: Ondo State Government House

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The Governor of Ondo State, Lucky Aiyedatiwa, has declared that the state is ready to partner with investors globally to drive business development.

Aiyedatiwa said his administration’s deliberate policies are aimed at positioning Ondo as a competitive hub for agribusiness, manufacturing, technology, and energy.

The governor made the remarks in his keynote address at an end-of-year event organised by agribusiness firm Johnvents Group on Monday in Akure, the state capital.

He added that his administration has implemented reforms in ease of doing business, digitisation of government processes, infrastructure expansion, and improved security to support long-term private-sector growth.

Aiyedatiwa commended Johnvents Group as a model of how homegrown enterprises can evolve into global powerhouses while remaining deeply rooted in their communities.

“Johnvents stands today as a monument to what focused investment and structured institutional support can achieve. With over ten factories, more than 1,500 direct employees, thousands of benefiting households, and an ecosystem of over 5,000 farmers, Johnvents is living proof that prosperity becomes inevitable when ingenuity meets institutional support,” he said.

“The Johnvents story assures every investor here and across the world that Ondo State is ready for investment, ready for expansion, and ready for global competitiveness.”

In his remarks, Tarun Chawla, Group Executive Director of Johnvents, expressed appreciation to the state government for providing a stable and structured business environment that enables companies like Johnvents to thrive.

“This year reshaped us as a business. We strengthened our operations, expanded our relevance, and demonstrated what a committed team can achieve when purpose and discipline align,” Chawla said.

“The stability and clarity your administration provides form the foundation on which organisations like ours continue to grow and innovate.”

Chawla also thanked the Group’s partners, including British International Investment (BII), International Finance Corporation (IFC), AFRIEXIM Bank, and other financial institutions for their confidence in the company’s long-term vision.

He reaffirmed Johnvents’ commitment to nourishing Africa and the world, noting that the company has become a global value-chain participant with investments and collaborations spanning Africa, the UAE, Asia, and Europe.

PUNCH Online had reported that Johnvents Group, an indigenous agribusiness and manufacturing company, was inaugurated in Ondo State by the late former governor, Rotimi Akeredolu, in 2021.

The Group Managing Director, John Alamu, said the firm entered the cocoa industry to make a difference in the state.

In 2024, the International Finance Corporation offered a $23.3 million financing package to the company to expand its cocoa processing operations and increase its export capacity to global markets.

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