Edo State is taking significant steps to enhance its business environment and create a more conducive atmosphere for businesses to thrive, Mr. Kelvin Uwaibi, Managing Director, Edo State Investment Promotion Office (ESIPO)
has said.
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He made the assertion this weekend at the 2024 Business Enabling Reforms Action Plan (BERAP) launched recently.

According to him, BERAP is a comprehensive plan that outlines specific action points across eight key areas to address the critical challenges affecting businesses in the state.

Mr. Kelvin Uwaibi, the NG of the EoDB Council, articulated the consensus reached among stakeholders during the one-day private sector consultation forum organized by the Edo State Investment Promotion Office (ESIPO) and the Sustainable and Inclusive Economic Development for Decent Employment in Nigeria GIZ-SEDIN Programme.

Uwaibi said the government’s commitment to addressing these challenges and fostering a more investor-friendly environment is evident in the planned reforms.
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He added that the plan includes initiatives focused on implementing the Edo State Export Strategy Plan, developing an export policy, and establishing cluster schemes for smallholder farmers. “The government also plans to review the Edo State Electricity Law and explore renewable energy options to improve access to energy.

“Additionally, the plan includes initiatives to revive the Edo MSME Trust Fund, equip the Edo State Bureau of Statistics with improved data gathering and management capabilities, and enhance magistrates’ capacity for effective courtroom management.

“The government also plans to streamline government processes for easier access and harmonize local government taxes while establishing clear channels for communication and feedback.” he said.

Noting that the forum highlighted the importance of collaboration between all stakeholders, including the Ease of Doing Business Council, government agencies, business member organizations, and the private sector itself, Uwaibi said government’s commitment to collaboration is evident in the Blueprint for 2024 reforms unveiled and a robust framework of recommendations laid out.
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“Edo State’s drive for business growth is hinged on intensified collaboration between the public and private sectors. The Edo Ease of Doing Business (EoDB) Council spearheaded discussions aimed at elevating the business landscape within the state for the year 2024.

“The council emphasized the pivotal role of private sector involvement in policy formulation and implementation while unveiling a roadmap brimming with initiatives to foster a more conducive environment for businesses.”he added.

The forum witnessed the presence and active participation of notable figures from various spheres, including government officials led by the Chairman, Ease of Doing Business Council Chairman and Commissioner for Finance, Adaze Aguele-Kalu, Commissioner for Business, Trade and Cooperative, Patrick Uanseru, Commissioner for Environment and Sustainability, Arc. Joshua Omokhodion, Director General, BENCCIMA, John Yesufu, . Nosa Obayuwana, State Coordinator GIZ-SEDIN, industry experts, and representatives from business member organizations.
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