Is Edo State Nigeria's best-kept investment secret?

Nigeria, known for its vast potential in various sectors, has been actively seeking to attract more investment to boost its economy. One state that has been gaining attention as a prime investment destination is Edo State. The Executive Secretary of the Nigerian Investment Promotion Commission, Yewande Sadiku, highlighted the significant opportunities that Edo State offers for investors. In a recent interview with CNBC Africa, Sadiku emphasized the importance of proactive investment promotion to unlock Edo State's full potential. She pointed out that while the state is blessed with strategic location, abundant natural resources, and a skilled workforce, proactive measures are essential to attract the right kind of investors. Sadiku praised Governor Godwin Obaseki for taking a hands-on approach to investment promotion, underscoring the need for a dedicated investment promotion agency to drive the state's efforts. She also discussed the Nigerian Investment Certification Program for states, a valuable initiative aimed at enhancing investment readiness and competitiveness. By focusing on information standards, property availability, and investor engagement, Edo State is positioning itself to compete effectively for investment on both the national and global stage. Collaborative efforts between federal and state authorities are key to ensuring that Nigeria maximizes its investment potential and showcases its unique advantages to the global business community. As Edo State continues to make strides in investment promotion, the future looks promising for this emerging economic hub in Nigeria.