Obaseki seeks investments in Benin River Port, Enterprise Park, others at Dubai summit

 …showcases Edo's business potential

The Edo State Governor, Mr. Godwin Obaseki at this year’s Annual Investment Meeting (AIM) in Dubai, thrilled investors with his pitch for investments in the Benin River Port, the Enterprise Park, and the Benin Inland Container Depot/Dry Port, among other big-ticket projects, in a drive to deepen development and open up the state’s economy for productivity and industrialization.

The governor is among members of the Nigeria Governors’ Forum (NGF) participating in the annual summit and seeking foreign direct investments from businesses and organisations in the United Arab Emirates (UAE).

Others on the delegation include Governors of Abia, Akwa Ibom, Bauchi, Bayelsa, Cross River, Ekiti, Enugu, Kwara, Niger, Ondo, Plateau, Sokoto and Yobe States.

Obaseki, during his presentation, said industrialisation is one of the core pillars of his administration, adding, “We have created much impact in this regard and we will continue to provide the needed environment to spur industrialisation as it has the potential to boost economic growth and development.”

Obaseki, who stated that Edo State was fast becoming a destination of choice for foreign investment, paraded the ongoing reforms in the ease of doing business in Edo State, driven by laws that guarantee the security of investments, as well as the signing of a Power Purchase Agreement (PPA) with Ossiomo Power Company to provide stable power to government institutions and drive the state’s industrial sector, among others to ensure the influx of investors into the state.

Noting the economic benefits of the Benin River Port and Edo Enterprise Park projects, the governor said his government will continue to push for more of such projects to ensure the requisite infrastructure to attract and keep investment and engender inclusive growth.

The Annual Investment Meeting (AIM) is an initiative of the UAE Ministry of Economy designed to provide a framework for global exchange on the key principles underpinning international investment policies, strategies and practices for sustainable development to achieve smart and inclusive global growth.

According to the organizers, “Since its inception, the Annual Investment Meeting has established itself as a leading global investment platform that aspires to ignite positive transformation by creating investment opportunities, upholding solidarity and developing economic relations among nations, as well as addressing the global ordeals that will make a profound impact to economic growth.”

Comments

Post a Comment

Popular posts from this blog

Education Remains a Top Priority of Our Policy Thrust: Gov. Fubara

Image
The Rivers State Government says it will continue to place education as one of the top most priorities of its policy thrust. Governor Sir Siminalayi Fubara stated this during the 34th Convocation Ceremony of the University of Port Harcourt on Saturday 24th February, 2024. The Governor who spoke through his Deputy, Professor Ngozi Nma Odu, said although the University of Port Harcourt is a Federal University the State Government would continue to support and collaborate with it to place it in a path that  would be the envy of other institutions. “We shall support you because whenever we add value to this institution, you add double value to whatever we have placed before you and we shall continue to ensure that you are given a place of high distinction and excellence”, the Governor stressed. Governor Fubara disclosed that his administration was desirous to create the enabling environment to ensure Rivers State remains a preferred destination to achieve quality education in the count...
Read more

Governor Mutfwang Crowns New Ngolong Ngas, HRH Nde Jika Golit

Image
The Executive Governor of Plateau State, Barr. Caleb Manasseh Mutfwang, has performed the coronation of the New Ngolong Ngas, Nde Jika Golit. The ceremony is coming nine years after the demise of the late Ngolong Ngas, Nde Joshua Dimlong. Governor Mutfwang, who performed the presentation of staff of office and certificate to the New Ngolong Ngas at the Pankshin Township Stadium, praised the Ngas Nation for a rancor-free selection process of the new Ngolong Ngas. He warned mischief makers against needless court actions that are capable of delaying or frustrating the selection and installation of traditional rulers in the state. He also implored citizens to alway accept the will of God in all circumstances. "I congratulate the Ngolong Ngas, Nde Jika Golit, on his ascension to the throne of his ancestors. His selection by the kingmakers, through a peaceful and rancor-free atmosphere, is worthy of emulation by other ethnic groups in the state." the Governor stated. "Let me s...
Read more

COMMUNIQUE ISSUED BY THE PDP GOVERNORS’ FORUM AT THE END OF AN ENLARGED MEETING ON TUESDAY, OCTOBER 22, 2024

Image
The PDP Governors’ Forum under the leadership of H.E. Governor Bala A. Mohammed, CON, held an enlarged meeting at the Bauchi State Governors’ Lodge, Tatari Ali House, Asokoro on Tuesday, October 22, 2024. Rising from the consultative meeting of the various organs of the Peoples Democratic Party, PDP, the Party resolved as follows: 1. The National Executive Committee, NEC, meeting originally slated for October 24, 2024, has been rescheduled to November 28, 2024. 2. The postponement is to ensure that the party goes into the forthcoming Ondo gubernatorial elections of November 16, 2024 with the unity and strength demanded to unseat the floundering All Progressive Congress, APC government in the state. 3. Reiterating the need for unity in the face of efforts by detractors to divide the party, the meeting called on all members to shun divisive utterances that could undermine ongoing efforts at strengthening the party to effectively play its role as the country’s main opposition, preparatory...
Read more