What's Happening?
Olaniyi Ayodele Praise, the gubernatorial candidate for the Peoples Redemption Party (PRP) in Ekiti State, has unveiled an ambitious economic blueprint focused on agriculture-led industrialization. In a media discussion, Praise emphasized leveraging Ekiti's
agricultural potential, particularly in cocoa production, to transform the state into a major export hub in Africa. He advocates for a shift from exporting raw materials to producing finished products, which he believes will drive economic growth and industrialization. Praise's plan includes establishing cottage industries, empowering local farmers, and enhancing the state's Internal Generated Revenue (IGR) by moving towards a private-sector-driven economy.
Why It's Important?
Praise's economic blueprint is crucial as it addresses the need for sustainable economic development in Ekiti State. By focusing on agriculture and industrialization, the plan aims to create jobs, reduce dependency on civil service, and boost the state's economy. The emphasis on value-added production and the recent commissioning of an airport with cargo facilities could position Ekiti as a significant player in the agricultural export market. This approach not only promises economic growth but also aims to improve the livelihoods of local farmers and communities. As the election approaches, Praise's vision could influence voter decisions and shape the future economic landscape of Ekiti.
What's Next?
As the June 18 election date nears, the implementation of Praise's economic blueprint will depend on the outcome of the gubernatorial race. If elected, Praise will need to collaborate with stakeholders, including local farmers, business leaders, and government officials, to realize his vision. The success of this plan will also hinge on securing investments and building infrastructure to support industrialization efforts. Voters and political analysts will be closely monitoring the election to see if Praise's proposals resonate with the electorate and if they can bring about the promised economic transformation.
