Edo on the Move: Skyewise Group Set to Build Major Auto Assembly Plant Under Okpebholo’s ‘SHINE’ Agenda
Edo State is revving its economic engines as Skyewise Group announces plans to establish a state-of-the-art automobile assembly plant in the heart of the state.
Dr. Elvis Abuyere, Founder and CEO of Skyewise Group, revealed that the decision was fueled by the investor-friendly climate fostered by Governor Monday Okpebholo. According to Abuyere, the administration’s SHINE Agenda has effectively turned Edo into a "preferred destination" for both local and international capital.
Key Highlights of the Expansion
After over a decade of dominating the Nigerian automobile retail market, Skyewise Group is shifting gears from sales to manufacturing. Here is what the project brings to Edo:
- Local Manufacturing: Transitioning from 11 years of auto sales to a dedicated assembly plant based in Edo.
- Youth Empowerment: A focus on building technical capacity and "financial competence" for the state's younger demographic.
- Tech Integration: Aligning with the SHINE Agenda’s goals for technology, innovation, and enterprise.
A Vote of Confidence in Edo
Speaking to journalists in Benin City, Dr. Abuyere emphasized that the move is more than just a business expansion—it’s a strategic partnership with the state's vision.
"Our goal is to ensure that we give a touch of excellence... we are looking forward to having our own assembly plant right here in Edo State, not just anywhere else in Nigeria," Abuyere stated.
Why Investors are Looking at Edo
The Skyewise boss urged other entrepreneurs to act fast, noting that the state is rapidly evolving into a hub for youth-driven economic growth. By deploying modern technologies and fostering entrepreneurship, the Okpebholo administration is creating a "conducive environment" that makes long-term projects like an auto plant not just viable, but highly attractive.
The Bottom Line: With Skyewise Group moving in, Edo State is positioning itself as a leader in Nigeria’s industrial future, proving that the right policy framework is the ultimate magnet for development.
Comments
Post a Comment