The Edo State Government has forged a strategic alliance with LAPO Microfinance Bank to bolster small enterprises across its 18 local government areas. The pact, inked by Secretary Osarodion Ogie Esq. at the Government House in Benin City, heralds a new era of economic empowerment. Ogie, envisioning the pact’s transformative […]
Business
Edo State’s economy is on the rise as the Internally Generated Revenue (IGR) has experienced an impressive growth of over 40% in 2023, contributing an additional N17bn to the state’s coffers. The Chairman of the Edo Taskforce on Internally Generated Revenue, Hon. John Osagie Inegbedion, announced this significant achievement during […]
At the Alaghodaro Summit, held in the vibrant capital of Benin City, a representative of the Edo Fertilizer and Chemical Company situated in Auchi, Alh. Sadiq Kazzim, applauded Governor Godwin Obaseki for resurrecting the company in 2017 through a Public Private Partnership (PPP) with WACOT Limited. Kazzim said, “Today, we […]
In a show of support for the exemplary leadership and investment-friendly reforms in Edo State, civil society organizations in the state have enthusiastically endorsed the upcoming 2023 Alaghodaro Summit. The summit is scheduled to take place in Benin City from November 8 to 12, 2023. These organizations have pledged their […]
The Edo State Government, through its Community and Social Development Agency (Edo-CSDA), has given approval for the commencement of micro projects in 20 communities across 13 local government areas (LGAs) within the state. The official launch of these projects took place with the presentation of first tranche cheques to the […]
The Nigeria Postal Service (NIPOST) took decisive action over the weekend, sealing off multiple unregistered courier and logistic firms operating in Edo State. In addition, the agency impounded eight delivery motorcycles during the clamp down. Shonde Gideon, the NIPOST General Manager of the Courier, Logistic, and Regulatory Department, emphasized that […]
In an effort to rejuvenate the transport infrastructure in Edo State, the government has welcomed a delegation from the World Bank. This visit is part of a preliminary mission for urban mobility in the state, highlighting the state’s dedication to enhancing transportation with global assistance. The World Bank team, led […]
The Edo State Government has unveiled plans to establish a dedicated Diaspora Investment Desk, signaling a significant step towards attracting foreign direct investments and leveraging the expertise and resources of the expansive Edo diaspora community. The initiative, introduced during the inauguration ceremony of the House Standing Committee on Commerce and […]
The Edo State Governor, Mr. Godwin Obaseki, on Thursday, highlights investment opportunities and positive impacts of Public-Private Partnerships during the BusinessDay CEO Forum, Obaseki proudly presented the investment opportunities available in the state. He also shed light on the significant positive outcomes resulting from successful public-private partnerships, which have contributed […]
Mota Engil Nigeria, the preferred bidder for the Benin Port Project, has received a new batch of equipment at the PTML terminal in Lagos to commence the development of the port project. Logistics Manager, Mota-Engil Nigeria, Mr. Nuno Colaço who led the company’s team and some maritime journalists to inspect […]