Bayelsa Times

‘Edo now more conducive for business’


Ofure Osehobo, Benin City

Edo government says it has made the state more conducive for a lot of businesses to thrive, even as it pursues reforms to ensure a strong and vibrant productive sector.

Chairman, Marketing and Branding Sub-Committee, Alaghodaro 2021, Crusoe Osagie in a statement listed companies he said that have so far benefitted from the government’s reforms in education, investment promotion, infrastructure and energy, in the last five years.

They include Nosak Group and engineering services company, Gladtrico International Ltd., whose representatives at the Alaghodaro Summit reeled gains from Governor Godwin Obaseki’s sustained efforts at supporting businesses and encouraging private enterprise.

The Alaghodaro Summit, in its fifth edition, which took place with the theme, “Edo of our dreams: building a sustainable future,” brought together captains of industry, top public and private sector players, interests groups, among others.

It is organised yearly to mark the anniversary of Governor Obaseki in office and showcases the progress being recorded.

According to Osagie, firms at the event were impressed with the government’s investment in all sectors of the state, which has ensured the provision of adequate infrastructure and the right incentives to drive productivity and improve livelihoods of residents.
According to him, “The just-concluded Alaghodaro Summit was yet another roll call of the transformative and impactful projects and policies by the Governor Godwin Obaseki-led state government to help businesses expand and increase productivity, as big-ticket players in Edo State’s economy, notably Nosak Group, Gladtrico International Ltd. and Presco Plc, among others, took turns to parade gains of these efforts, especially in infrastructure development, as well as the manufacturing and industrial sectors.
He added, “On the back of the government’s effort at making Edo an industrial hub for oil palm plantation and production, the Nosak Group acquired 13,000 hectares for oil palm plantation, and ventured into ethanol production with the cultivation of 10,000 hectares for cultivation of cassava in the state.
“Gladtrico International Ltd. is not left out on the list of beneficiaries as they have leveraged on the government’s infrastructural development drive to advance the company’s expansion and drive productivity.”
“With this year’s Alaghodaro, these firms are even more optimistic and are hopeful of better opportunities for big-ticket investors and other businesses in the state,” he noted.

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