Edo launches initiative to attract investors, boost economy

Edo government has unveiled a platform to consistently showcase the economic potential of the state.

The platform is called ‘Restore Edo Initiative’.

Osarieme Ogiefa, state communications officer, in a statement issued on Tuesday, said the platform was dedicated to “creating awareness about the vast economic potential of Edo”.

Ogiefa said the initiative aims to highlight and present opportunities for collaboration and investment that will spur sustainable development and create a prosperous future for the state.

“As a cardinal function of the project, we intend to investigate, analyse and evaluate the performances of past Edo leaders,” the statement reads.

“This, we believe strongly, can reposition the minds of Edo citizens to choose their leaders more carefully and dedicatedly in the interest of restoring Edo to its deserved status among her peers.

“The driving force behind the initiative is the deep-rooted belief that by harnessing the untapped resources and engaging stakeholders, Edo can regain its rightful place as a leading economic hub in Nigeria and the international community.

“By leveraging its strategic location, skilled workforce, and existing infrastructure, Edo has the potential to attract both local and foreign investors, leading to job creation, increased revenue, and improved living standards for its people.”

The state’s spokesperson said the platform would equally serve as a tool for accountability for Edo leaders by engaging and constantly giving constructive criticism of their performance in office, while also devising means of inclusiveness and active participation of citizens.

Ogiefa the project would also serve as an interface between the government and the people, “bridging the deepening canyon that has eroded the positive development of the state”.

“As an essential component of the Restore Edo Initiative, we are launching a comprehensive awareness campaign to showcase the economic opportunities that abound in Edo state,” he said.

“Through various channels, including digital platforms, media collaborations, and targeted outreach programmes, we aim to educate and inspire stakeholders about the potential benefits of investing in Edo. The message is clear: The Edo you need is coming.”

The government asked all stakeholders, including investors, businesses, entrepreneurs, government agencies, and individuals, to join hands in realising the economic dream for the state.

Ogiefa added that by working collaboratively, the immense potential that lies within can be explored and usher the state into a new era of prosperity, growth, and development.