Business
Edo to promote economic expansion, drive investments in technology, others in 2024
The Edo State Governor, Mr. Godwin Obaseki, has said his government will, in 2024, focus on building a resilient and sustainable foundation for the reforms, initiatives and programmes embarked on by his administration over the past seven years which has improved livelihoods for millions of Edo people. The governor, who spoke to journalists in Benin City, the Edo State capital, said the priorities for his government in the New Year include economic growth and stability, deepening the public and civil service transformation and human capital development. Obaseki said that, “The ultimate target is to promote economic expansion, technology, arts and culture, social inclusion and economic empowerment for Edo citizens, through sustained investments across various sectors of the economy necessary to drive growth and development. Public Private Partnership (PPP) will continue to dominate our investment initiatives in the New Year.”
According to him, while efforts at economic growth and stability will focus on public safety and security, business environment reforms (Infrastructure Investment, investment in technology) and job creation (technological innovations), attempts at deepening the public and civil service transformation will include technology enhancement, recruitment (phase 2) and training. “For human capital development, the governor said his administration will focus on education sector reform and health sector transformation in the New Year.” On plans to drive economic expansion in the State, the governor stated that his government is taking deliberate and bold steps to drive economic and employment enablers. He said, “These will enhance the ease of doing business and also facilitate the injection of private capital into the economy to create more opportunities for our teeming youth population. Some of these include investment in our legacy projects including the Benin Enterprise Park, the Benin Port Project and the Trailer Park projects, among others, which will spur economic expansion and growth,” the governor added.
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