Cultist: Cultism dey cost Edo $1bn investment every year – Gov Okpebholo
Governor Monday Okpebholo of Edo State don talk say the state dey lose more than $1 billion investment every year because of cult wahala.
For statement wey e release for Benin on Wednesday, May 21, Gov Okpebholo talk say cultism no just dey destroy lives and properties, e dey also make investors run comot and tourism no dey grow again.
E explain say the cult violence don slow down Edo economy for many years now, e dey scatter business and dey chase both people wey wan invest from Edo and those from abroad.
“Waiting dey happen for Edo pass ordinary street fight. Na big economic problem wey dey make investors fear to bring money come,” na so im talk.
E even show figures from Diaspora Commission wey talk say even though Edo dey top for money wey people from abroad dey send, 95% of that money dey enter other states because of security wahala.
Gov Okpebholo talk say people don dey lose money wey dem for use enjoy life, businesses dey close, tourism don drop well-well — all these don make the state business ground weak.
According to am, cultism dey cause over $1 billion loss for investments every year, because many important businesses and places wey dey bring money don shut down or run go other places because of fear.
E talk say sectors like hotel, transport and tourism don suffer pass.
The governor come add say the fight wey im government dey carry against cultism don dey get support from different people for the state. E beg all Edo people wey dey house and abroad make dem try invest back for Edo and support the movement to rebuild the economy.
“Edo get better future. We no go allow violence define us. We dey bring back peace, attract investors and rebuild the state,” na so im talk.
