Report Ranks Ekiti First In Southwest Investment Promotion

Ekiti State government has been rated high in investment promotion, human capital development and prudent financial management.

A prestigious Business Management Consulting Firm, Phillips Consulting Limited (Pcl), which did the rating said Ekiti has done exceedingly well in the areas of job creation, inclusive governance and creating a good business environment with high  propensity for speedy attainment of economic recovery for its citizens.

The ratings contained in the firm’s state performance Index report released for all the 36 states of the federation for the 2023 fiscal year revealed that Ekiti stands out as the third overall best-performing state and the top performer in the Southwest region.

The report equally stated that Ekiti demonstrated exceptional efficiency in deploying these resources for socioeconomic development, despite its limited resources which vividly reflected in the state’s rank of 8th regarding socioeconomic development performance.

In the report they pointed out that the positive economic outlook for Ekiti State is underpinned by several promising factors, which also encompasses stability in governance and political alignment with the federal government.

Other standpoints catalogued  by the respectable body that are setting Ekiti on a faster pace of economic  rebirth include promotion of inclusive governance, investment in Human Capital Development, job creation, and prudent resource utilisation.

The report rated the state highly in promotion of liberal democracy that accommodates all shades of opinions and declared that the personality of Governor Biodun Oyebanji, largely perceived to be a rabid believer of participatory governance, is also adding value to governance and political participation.