The Edo State Governor, Mr. Godwin Obaseki, has said his government is sustaining reforms to support the growth of businesses and accelerate production, ensuring sustainable growth and development in the state.
Obaseki, who spoke to journalists in Benin City, said his administration has succeeded in removing bottlenecks that hinder business growth, repositioning the state as an investment haven.
The governor noted that there has been a deliberate emphasis on strengthening partnership with the private sector to facilitate investment, placing the state on the path for sustainable economic growth and development.
“This close link with the private sector led to the establishment of the 6000bpd Edo Refinery and Petrochemical Company Limited, a landmark project that shows what is possible with well-intentioned Private Public Partnerships (PPP). The model that birthed the refinery project is being deployed for similar high-impact development and industrial projects in the state,” he stated.
Obaseki continued: “There is no better illustration of the expanding private sector space than the increased air traffic and high occupancy rate of hotels in the state. When we came into office, there were only two airlines flying into the state, today, there are five of them.
“At the base of the Edo template for growing its economy, is the restructuring of the governance architecture to support business and production.
“Our vision is to make Edo state the choice for businesses by creating an enabling environment that supports business. We have succeeded in removing bottlenecks that hinder business and continue to emphasize a level playing field. Today, Edo state is the haven for investment in the building, hospitality, agriculture, power, oil and gas, and industrial sectors, etc.”