Edo State has made significant strides in creating opportunities for economic expansion and improving access to credit, according to Governor Godwin Obaseki. A key part of these efforts involves the efficient processing of Certificates of Occupancy (C-of-O) and land titles, which have enabled local business owners to utilize their land assets as collateral to secure financing.
In an interview with journalists in Benin City, the governor outlined how his administration’s reforms have helped stimulate the state’s economy. He explained that one of the priorities has been to create a more conducive environment for business growth, with a particular emphasis on the ease of acquiring C-of-Os and land titles. By fast-tracking these processes, the state has empowered citizens and entrepreneurs to leverage their land for accessing credit, thus fostering greater investment and financial inclusion.
Governor Obaseki also highlighted the state’s efforts in enhancing youth employment opportunities. “We have increased job centers to offer training and support for young people, helping them secure meaningful employment,” he stated. These initiatives are part of the broader strategy to build an economy that supports both entrepreneurship and job creation.
Additionally, the state has made significant progress in the healthcare sector. Through the implementation of a comprehensive health insurance scheme, nearly 200,000 individuals have enrolled, strengthening the foundation of the state’s healthcare system. The governor noted that the health insurance scheme has been crucial in improving the quality of healthcare services, particularly at the primary healthcare level. He also mentioned ongoing developments in secondary healthcare facilities, with plans to begin work in Uromi in 2024, alongside the continued expansion in Benin City and Auchi.
Under Obaseki’s leadership, Edo State has embraced a diverse range of sectors for investment, with real estate, manufacturing, food processing, energy, hospitality, e-commerce, and sports being key focus areas. These initiatives have attracted both local and international investors, and the state’s economic landscape continues to grow and diversify.
