The Governor of Edo state, Monday Okpebholo, has alerted residents and stakeholders that the state loses about $1 billion in investments yearly as a result of cultism.
The governor made the assertion in a statement in Benin, according to a NAN report on Wednesday.
He emphasized the economic toll of cult-related violence in the state, highlighting that cult groups not only destroy lives and property but also scare investors while discouraging tourism prospects.