The Ondo State Government, on Friday, said it had concluded plans to hold investment summit designed to strategic investments capable of creating jobs and accelerating economic transformation in the State.
Summy Smart-Francis, Special Adviser to Ondo State Governor on Entrepreneurship Development, made this disclosure while addressing journalists at a Press Conference to herald the 2026 Ondo Investment Summit, themed “The New Order: Forging a Pathway to Prosperity,” scheduled to hold on Monday, February 23, 2026, at the International Cultural and Event Centre (The Dome), Alagbaka, Akure.
According to him; “the objective is to move Ondo State from being largely dependent on civil service activities to becoming an industrial and investment hub driven by private sector participation.”
Smart-Francis, who is also the Chairman of the Investment Committee, said the summit would feature the signing of several Memoranda of Understanding (MoU), including agreements on the proposed Deep Seaport project and other key industries.
“During the summit, the State Government will sign a number of MoUs, including the Deep Seaport, fertilizer production and other strategic projects that will boost the economy and generate employment for our people.
“The main event would run from 10:00am to 2:00pm, while a private investors’ roundtable would hold at 4:00pm. At the roundtable session, the governor and members of the investment committee will have direct engagement with investors in a closed-door interactive session,” he said.
Emmanuel Omomowo, the Chief Executive Officer of the Ondo Development and Investment Promotion Agency (ONDIPA), said the State is opening up all major sectors of the economy to investors, including the blue economy, agriculture, bitumen, solid minerals and silicon sand.
He said the Aiyedatiwa’s Administration is committed to creating a seamless investment climate through incentives and regulatory reforms.
“The state government has put in place several incentives to ensure ease of doing business, and we have also secured licences for solid minerals in the state to enable investors operate without difficulty”, Omomowo said.
