Edo State Governor, Senator Monday Okpebholo, don raise alarm over the terrible economic impact of cultism, den he come talk say the state dey lose more than $1bn for potential investments yearly becos of violent cult-related activities.
For one statement wen the Chief Press Secretary to the Governor, Fred Itua tender, the governor say na fear and instability wen d back to back clashes among rival cult groups dey cause nia dey lead to the financial losses wen don dey happen for over the years, particularly for the past five years.
Itua come talk say the cult-related violence don become one major concern for investors, local businesses, and Edo indigenes wen dey base for abroad wen dey fear to bring their money to come invest for the state becos of safety concerns.