Gov. Godwin Obaseki of Edo has affirmed his administration’s readiness to reposition the state as the foremost in cultivation and processing of rubber for foreign exchange earning.
The governor stated this while receiving the management of the Rubber Research Institute of Nigeria (RRIN), Benin on a courtesy visit at the Edo Government House in Benin on Monday.
Obaseki noted that rubber once served as a source of foreign earning for the country before the discovery of crude oil.
He, however, said that as crude oil could no longer sustain the economy of the country, it was worthwhile for the state to invest in rubber production as it had all the resources to do so.
“Rubber is a global commodity; we are going to look at the global price for the commodity and work on how to improve the business in the state,” he said.
He also said that his administration was…
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