The Edo State Ease of Doing Business Council has endorsed the State Business Enabling Reforms Action Plan (BERAP) 2023, paving the way for a more conducive business environment in the state.
BERAP aims to enhance access to information, entrench transparency, strengthen regulatory frameworks, and upgrade infrastructure and security for local businesses. The plan also focuses on implementing the Edo State Power Sector Reforms Law and increasing public patronage of the Edo Micro, Small, and Medium Enterprise Fund.
According to Kelvin Uwaibi, Secretary to the Council and Managing Director of the Edo State Investment Promotion Office, “The Council has agreed to clearly outline action plans for each MDA with targets and expected outcomes, ensuring a cohesive approach to achieving our goals.”
Uwaibi emphasized that the state’s objective is to become the top investment destination in Nigeria, driven by Governor Godwin Obaseki’s mandate to reform the business regulatory environment. “We are committed to providing optimal services for investors, ensuring they feel confident and supported in doing business in Edo State.”
The Council’s meeting, chaired by Commissioner for Justice Oluwole Iyamu (SAN), marked a significant step towards realizing Edo State’s economic potential. As Governor Obaseki noted during the Council’s inauguration, “Creating a conducive environment for businesses to thrive is crucial for the state’s survival and revenue growth.”
