The Managing Director of the Edo State Investment Promotion Office (ESIPO), Mr Kelvin Uwaibi, has commended Governor Godwin Obaseki for prioritising the enhancement of digital infrastructure in the state, which he noted had made businesses thrive in the state.
Uwaibi, who said that the critical role of digitalized infrastructure in modern economic development could not be overemphasised, added that Governor Obaseki had, through that, empowered the citizens of Edo State and enhanced transparency and fairness in trade practices.
The ESIPO boss, who spoke to newsmen in Benin City, said improved digital connectivity had attracted more businesses to the state, fostered innovation, and made Edo State a hub for technological advancement.
Uwaibi added that state economic development and infrastructure improvement, coupled with the establishment of the Edo State Public-Private Partnership (PPP) Office, stood out as a strategic initiative.
“His Executive Order on Right of Way (RoW) Procedures sets a maximum fee of NGN145 per linear metre for broadband deployment and outlines a streamlined process for obtaining RoW approvals within 30 days. This initiative simplifies and regulates the process for broadband deployment, encourages investment in digital infrastructure, and ensures the timely processing of applications.
“By promoting widespread access to broadband services, the order aims to boost technological infrastructure, enhance business operations, and support the state’s economic development. Improved digital connectivity will attract more businesses to the state, fostering innovation and making Edo State a hub for technological advancement.” He noted.
Uwaibi said ESIPO’s commitment to attracting private investments and managing risks effectively aimed to enhance economic growth and infrastructure development through the PPP Office.
“This office is tasked with identifying, facilitating, and promoting PPP projects, conducting feasibility studies, engaging private investors, ensuring transparent project selection, and monitoring project implementation. By attracting private investments and managing risks effectively, the PPP Office aims to enhance economic growth and infrastructure development.
This initiative will lead to the creation of new jobs, improved public services, and the development of critical infrastructure, all of which are vital for the state’s long-term prosperity,” the ESIPO boss enthused.
Uwaibi described Obaseki’s six executive orders as a bold and comprehensive strategy to enhance the ease of doing business in Edo State, adding that by addressing key areas such as grievance redress, digital infrastructure, public-private partnerships, responsible agricultural investments, open governance, and simplified tax regimes, those initiatives laid the foundation for a more transparent, efficient, and inclusive business environment.
“As these policies take effect, Edo State is poised to become a model of economic development and good governance, attracting investments, fostering sustainable growth, and improving the quality of life for all its citizens,” Uwaibi said.