…Reaffirms Ekiti as top business-friendly State
By Idowu Adebomi, Ado Ekiti
Ekiti State Governor, Mr Biodun Oyebanji, has restated his administration’s dedication to building a business-enabling environment that attracts investment and promotes sustainable economic development across the state.
Speaking at his office in Ado Ekiti during the presentation of the second-quarter report of the Ease of Doing Business (EoDB) Council, the Governor said his government is actively dismantling barriers that impede business operations by adopting investor-focused policies and streamlining regulatory processes.
Governor Oyebanji identified inadequate power supply and poor road infrastructure as the most pressing obstacles hindering business growth and undermining investor confidence in the state.
He gave assurances that efforts are underway to tackle these challenges, particularly by enhancing electricity access and upgrading transport networks.
Referring to the rising cost of diesel caused by erratic power supply, the Governor pointed out that stable electricity is critical to reducing operational expenses and ensuring profitability for small and medium-sized enterprises.
“We must give priority to establishing a dependable and consistent electricity supply. This is central to cutting business costs, improving productivity, and positioning Ekiti as a competitive investment destination,” he said.
Governor Oyebanji further reaffirmed his administration’s resolve to simplify business processes such as registration, licensing, and regulatory compliance, in a bid to eliminate bureaucratic hurdles and encourage entrepreneurship.
“Our focus is to drive innovation, stimulate investment, and create a robust environment where businesses, regardless of size, can flourish,” he added.
The quarterly EoDB Council meeting, presided over by the Governor, was attended by council members and senior representatives from key Ministries, Departments, and Agencies (MDAs), all of whom pledged to intensify collaboration towards improving Ekiti’s investment climate.
