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Eddy Olafeso Loses Investment To Herdsmen


The National Vice Chairman, South of the People’s Democratic Party, PDP, and former Information and Orientation Commissioner of Ondo state, Dr Eddy Olafeso is in pain.

The PDP chieftain has lost his multi-million-naira investment to some dare- devils who invaded his farm last week. Located at Igbaraoke in Ifedore council area of Ondo State. The investment which is estimated to be over 10million is on 30 hectares of land.

Olafeso had planted Cassava on it before it was totally destroyed by herdsmen. The elder statesman had used almost a million naira to clear his farmland in December before going on Christmas break.

However, the whole farmland had been destroyed by the time his workers got there last week. Planted cassava had been uprooted and fed to cows that invaded the farmland when workers were not around the farmland.

Traces of footsteps and footprints of the cows and herdsmen were discovered after the mass destruction on the farmland. Before the farmland was totally destroyed, Olafeso was already anticipating his harvest and planning to reinvest the proceeds in another profit-making venture, however, his hope was dashed after the incident.

It was gathered that the colossal damage done on the farm by the herdsmen and their cows has greatly affected the health of the elder statesman.