Edo State joined other states of the federation at the recent launch of the Investopedia by the Nigeria Governors’ Forum (NGF), a comprehensive investment guide designed to showcase the readiness of sub-nationals for sustainable economic growth.
The high-profile event, held recently, at the Transcorp Hilton, Abuja, featured Edo’s strong delegation led by the Honourable Commissioner for Finance, Mr. Emmanuel Okoebor, and the Managing Director of the Edo State Investment Promotion Office (ESIPO), Mr. Amen Odigie.
Known as The Heart Beat of the Nation, Edo State is strategically positioned to attract both local and international investors. With Benin City as its capital, the state is home to a rich cultural heritage rooted in the ancient Benin Kingdom, globally celebrated for its bronze artworks.
Beyond culture, Edo has become a hub for agriculture, trade, and oil production, contributing significantly to Nigeria’s economy.
Edo’s entry in the Investopedia spotlighted five priority sectors for investors, which includes, Agro-processing (Cassava, oil palm, and other value chain products); Solid Minerals (Exploration and processing, including gold and lithium); Real Estate (Expanding opportunities in housing and commercial development); Healthcare & Pharmaceuticals (Growing demand for medical services and facilities) and Tourism (Leveraging cultural heritage and eco-tourism to attract global visitors).
Edo State is uniquely positioned as a gateway to all parts of Nigeria, with unmatched connectivity to the South, East, West, and North.
The state boasts about 200 solid mineral deposits, proximity to Lagos (the largest economy in West Africa) and access to major markets such as Onitsha.
Additionally, Edo enjoys strategic access to multiple transport hubs, including Koko, Warri, Burutu, and Sapele Ports, alongside Benin and Asaba Airports, making it one of the most logistically connected states in the federation.
The Investopedia also highlighted flagship projects that underscore Edo’s commitment to industrialization, energy sufficiency, infrastructure expansion, and tourism growth.
These include, the Benin River Port; NNPC Condensate Refinery; Zeta Autos Assembly Plant; Blue Stone Energy; Auchi Auto Spare Parts and Mechanic Village and Radisson Blu Hotel
These projects signal Edo’s determination to build a diversified economy and create an enabling environment for businesses to thrive.
A documentary showcased at the launch emphasized the Governor’s vision of building a business-friendly Edo, citing the presence of industry giants like Dangote Group and BUA Group as proof of investor confidence in the state.
With its abundant resources, strategic location, rich cultural heritage, and ambitious development agenda, Edo State stands as the ultimate gateway to Nigeria’s vast market of over 100 million people.
Invest in Edo State, the Heart Beat of the Nation, where opportunities meet prosperity
By Abdul-Kadir Abdullah
