The Edo State Commissioner, Ministry of Business, Trade and Cooperatives, Hon. Patrick Iria Uanseru has said there is a need for renewed commitment towards Industrialisation in Nigeria, adding that industrialisation is a crucial component in achieving sustained and inclusive economic expansion.
Uanseru made the assertion while delivering his address at the 2023 Africa Industrialisation Day”, tagged “Renewed Commitment. Towards Inclusive and Sustainable Industrialization and Economic Diversification”.
Recall that the Africa Industrialisation Day which was recorgnised by the United Nations General Assembly on December 22, 1989, and held its maiden celebration on November 20, 1990, is celebrated on November 20th every year.
Uanseru noted that by incorporating new equipment and processes, industries can boost productivity, increase employee competencies and create jobs for the country.
He disclosed that the Edo State Government under the leadership of Godwin Obaseki has been able to renew allegiance to reduce waste by going paperless (e-gov), encouraging sustainable transportation and renewing energy.
“Over the years, the State Government has instituted several reforms to address bureaucratic constraints in the business environment and drive the Industrialisation process in Edo State.
“We have embarked on many initiatives to simplify business processes within the state by taking active steps to digitalise the processes and introduce targeted reforms.
“The Edo State Geographical Information Service (GIS) has considerably reduced the amount of time required to acquire land documentation in the state for investment purposes.
“We are committed to attracting investors and making Edo State the preferred investment destination in Nigeria. Edo State Government is taking proactive and practical steps to develop and transform its economic base and create prosperity for its citizenry,” he said
According to the Commissioner, the Benin Enterprise Park which is an initiative of Obaseki’s administration will be Nigeria’s premier mixed enterprise park, combining industrial, commercial and residential zones in 997 hectares (almost 10 square km) of well-situated real estate.
“The park is designed to attract world-class industries that are keen to be at the logistical centre of Africa’s biggest and most vibrant economy.
“The decision to develop a Port in Edo State is based primarily on the economic viability of the project, and social economic benefits to the people. Located at the confluence of the Benin River and Osse River which is the tail end of Edo State, a distance of only 32km to the coastline.
“The port is named after Benin city, the historical capital city of Edo State and located along Benin river and could be accessed from the Atlantic Ocean through the sight of Benin, also extents to the Republic of Benin, all of which got their names from Benin kingdom.
“In order to ensure a viable and sustainable project, the unique Benin River Port is now proposed to be developed as a specialized and dedicated port. Hence, key into the Federal Government’s initiative of diversifying the economy away from oil, and into areas such as Agriculture and Agro-allied business,” he maintained.
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