Connect with us

Asaba Metro News

Edo State


Growing Investor Confidence: Manufacturers Relocate From Delta State To Edo, Cite Obaseki’s Reforms 

The positive disposition of the Godwin Obaseki-led administration in Edo State towards a private sector-led economy and the elimination of barriers to business through reforms, are pulling businesses from neighbouring Delta State.

According to manufacturers, the exodus of companies to Edo State from Delta State is happening on the back of the growing investor confidence, which in turn is a factor of the ease with which business owners are conducting their activities in Edo State, devoid of man-made encumbrances that impact their bottom line in Delta State.

Speaking at the 32nd Annual General Meeting (AGM) of the Manufacturers Association of Nigeria (MAN), Edo/Delta Branch, with the theme: “The Nexus of Science, Technology and Industry,” the Chairman, Dr. Alofoje Unuigboje, decried the challenges manufacturers face in doing business in Delta State.

ALSO READ:  Don't Bid For Jobs You Can't Deliver, Delta Govt Tells Contractors

Unuigboje lamented that manufacturers in Delta State contend with infrastructural challenge and all manners of charges and fees collected on Delta roads by those he described as urchins.

According to him: “Ease of doing business has experienced considerable improvement in Edo, premised on the empirical evidence of free movement of goods on Edo State roads and the absence of innumerable urchins from industrial premises, who impose arbitrary and extortionate demands.”

He added: “The ready access of ministries and other government establishments up to summit, to Manufacturers Association of Nigeria (MAN), has engendered a mutually rewarding partnership between Edo State Government and MAN. This cannot be said of Delta State from where companies have moved to Edo State.”

ALSO READ:  First Year Anniversary: Governor Oborevwori Assures Deltans of Better Days

Unuigboje explained that the major consumer in any society is government and maintained that there is a sense in which government supports industries in its geographical zone, through patronage of local products.

“It makes good business sense as it is necessary internal dynamics that boost the economy of the state. Supporting local industries through patronage of local products is not a favour but a reflection of enlightened self-interest,” he stressed.

The National President of MAN, Dr. Frank Jacobs, lamented that the manufacturing sector was adversely affected by the recession which the country has exited.

ALSO READ:  AHL Gas Processing Plant 2: Investments in Delta Safe, Secure - Oborevwori

He urged the federal and state governments to work in synergy to carry relevant stakeholders along in designing appropriate strategies to improve and stabilise the country’s economy.

The MAN president charged Delta and Edo states to intensify efforts at attracting more investment as both states still lag behind in industrial development.

For advert placement, publication of news content, articles, videos or any other news worthy materials on this Website, kindly send mail to

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More in Economy





To Top