‘We Are Fostering Economic Growth Through Strategic Reform’

Ekiti State governor, Biodun Oyebanji has said that his government is already fostering economic growth through strategic reforms and collaboration with the private sector.

The governor said he remains committed to policies and reforms that aim to position the state as a top choice for investors in Nigeria by eliminating obstacles, improving infrastructure, and implementing business-friendly policies.

He spoke in Ado Ekiti during a Technical Session and state-wide town hall meeting organised by the Presidential Enabling Business Environment Council (PEBEC) in collaboration with the Ekiti State Development and Promotion Agency (EKDIPA).

Governor Oyebanji reassured investors and business owners that his administration would not relent in improving the business environment to attract investment to the state.

Represented by the Commissioner of Finance, Mr. Akin Oyebode, the governor described the town hall meeting as crucial to aligning state reforms with national efforts to improve Nigeria’s business climate. He explained that the state government identified improving the business environment as a critical part of its developmental agenda.

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He highlighted key reforms undertaken by his administration to enhance the ease of doing business in the state to include, waiver for business fee for initial registration, a functional One-Stop Shop within the Investment Promotion Agency to streamline Investment processes, transition law ratified by the state’s House of Assembly to ensure that projects initiated by one administration are guaranteed to continue, even in the event of change in government.

Others include investment aftercare, which provides continuous support for investors to enhance their business operations and ensure sustained success.

The Governor also explained that his government has made significant strides in improving the power supply and critical infrastructure, which would help investors thrive in the state.