The Edo state government is looking for ways to provide financial opportunities for Small and Medium Enterprises (SMEs) in the state in order to boost productivity.
According to the Senior Special Assistant to the Edo State Governor on Investment Promotion, Mr Kelvin Uwaibi, there are immense investment opportunities for investment in the oilpalm industry and automobile sales. Mr. Uwaibi also mentioned that Edo state ranks 8th in terms of ease of doing business in Nigeria and is largely becoming an investors’ hub with the increasing reforms in the industrial sector.
This is good news for entrepreneurs in and around Edo state. Stakeholders such as the Bank of Industry (BoI) and the Commisssioner for Women Affairs and Social Development are eager to partner with the Edo state government. While the major role of the BoI is to support Nigeria’s economy and industrialisation by supporting medium and large scale industries, the Ministry of Women Affairs and Social Development will be involved in creating opportunities for women.