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Osun signs $100 million investment deal with British investors

Osun State Governor Ademola Adeleke has secured a $100 million investment deal from British investors following his recent trade and investment mission to the United Kingdom. The agreement, formalized through a Memorandum of Understanding, was signed in the presence of the UK Prime Minister’s Trade Envoy, Hon. Florence Eshalomi, and covers key sectors such as agriculture, water, tourism, and the development of free trade zones in the state.

According to a statement by the governor’s spokesperson, Olawale Rasheed, the trip also established a strategic partnership with the British Museum aimed at promoting Osun’s cultural tourism and digitizing cultural assets, especially those linked to Ile-Ife, the historical heart of the Yoruba nation.

Governor Adeleke reportedly held four high-profile meetings during the visit, including a trade session at the House of Commons, an address at the Nigerian-British Chamber of Commerce trade mission, a cultural engagement at the British Museum, and an exclusive investment briefing with selected UK investors.

The mission also led to a collaboration framework between the Nigerian-British Chamber of Commerce, the Osun State Chamber of Commerce, and the UK Chamber of Commerce, to foster ongoing economic cooperation. Additionally, Osun indigenes in the UK were briefed and engaged in brainstorming sessions on governance and development back home.


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