July 16, 2024

Edo Unveils Plans To Boost Business Environment

Edo Unveils Plans To Boost Business Environment

Caption (L-R): Hon. Ojiefoh Enaholo, Commissioner for the Ministry of Mining and Energy; Hon Ethan Uzamere, Commissioner for the Ministry of Roads and Bridges; Hon Isoken Omo, Commissioner for the Ministry of Physical Planning Housing Urban and Regional Development; Mr Kevin Uwaibi, Managing Director the Edo State Investment Promotion Office (ESIPO); Osaro Aihie, Managing Director Edo-GIS; Hon Kingsley Uwagbale, Commissioner for the Ministry of Public Security and Safety; Adaze Agule Kalu, Hon Commissioner for Finance and Chairman EoDB Council; Hon Samuel Alli, Commissioner for the Ministry of Health; Hon Stephen Idehenre, Commissioner for the Ministry of Agriculture and Food Security; Eribo Anita Itohan, Acting MD Edo jobs and Edward Osayande, MD Benin Enterprise Park during the 2024 inaugural meeting of the Edo State EoDB Council at government house recently.

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By Simeon OSAJIE

The Edo State Internal Revenue Service (EIRS) called for better communication and coordination between MDAs and local governments to ensure efficient tax harmonisation.

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Also, a comprehensive transport master plan was presented by the Edo State Transport Authority, featuring free bus rides and the introduction of environmentally friendly buses.

In the area of digital transformation, improved internet connectivity across the state through the deployment of 2000 kilometres of fiber optics across the 18 local government areas was showcased by the ICT representative. This initiative is expected to support digital infrastructures.

In his statement, the Commissioner for Mining and Energy shared plans to improve access to energy, attract investment, and develop the mining and energy sector in Edo State.

In the spirit of building a stronger business ecosystem, the Edo State EoDB Council outlined a series of resolutions to further enhance the business environment. These include: Evaluating business-facing MDAs to improve service delivery and streamline processes; expediting the passage of business-friendly bills and policies; Enhancing information sharing and communication through the EoDB platform; Organising stakeholder roundtables and information sessions to improve communication with businesses.

Others are providing access to electricity for MSMEs, revising tax harmonisation policies, encouraging collaboration between MDAs, local government areas, and other stakeholders; and strengthening internal and inter-ministerial collaboration

Looking ahead, the Managing Director Edo State Investment Promotion Office (ESIPO)-Ease of Doing Business Secretariat, Mr. Kevin Uwaibi who doubles as the Secretary Edo State EoDB Council noted that the State is taking concrete steps to create a more attractive and supportive environment for businesses.

He added that the reforms were expected to stimulate economic growth and attract investment to Edo State.

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