Governor Monday Okpebholo has declared that Edo State is now a business-friendly environment and ready to welcome investors to take advantage of opportunities in the state. The governor made the declaration at the weekend while hosting members of the South South Coalition of the Chambers of Commerce, Industry, Mines and Agriculture (COSSCIMA). He was represented by the Deputy Governor, Rt. Hon. Dennis Idahosa, who stated that the administration has continued to provide the enabling environment for businesses to grow.
In a statement signed by Mr Friday Aghedo, Chief Press Secretary to the deputy governor, Okpebholo commended COSSCIMA for choosing Edo State as the host of its annual general meeting. He said the choice reflects the confidence investors now have in the state. According to him, “It is not surprising that you pick the state as a choice because we have provided the enabling environment by investing in infrastructure and reducing insecurity to the barest minimum. So, we assured potential investors that the state is safe, secured for all to come and invest.”
Similarly, the Commissioner for Business, Trade and Investment, Hon. Omoh Anabor, reaffirmed that Edo State is prepared to partner with firms with legitimate investment interests. He stressed that the government places priority on collaborations that can stimulate economic growth and job creation for young people.
President of COSSCIMA, Hon. Indutimi Komonibo, praised Okpebholo’s efforts, saying, “The Edo State Governor is doing a great job.” He emphasized that no government succeeds without working with the organised private sector. Komonibo explained that COSSCIMA members seek cooperation wherever they go, adding, “We carry the emblem of national development. Investors are looking for where their business will thrive. We understand the language of the business.” He noted that the coalition represents all six Chambers of Commerce from the South South region.
Recent assessments support the governor’s claims. In July 2025, Edo State was ranked among Nigeria’s top five states for ease of doing business in a survey conducted by the Presidential Enabling Business Environment Council. The survey cited improved digital land services, lower security risks and upgraded infrastructure as key reasons for rising investor interest. Analysts said this ranking strengthened confidence among private sector operators.
Further validating government claims, in September 2025 the state secured an agricultural investment agreement with a Netherlands-backed consortium for a $90 million oil palm project across Ovia and Uhunmwode. The deal highlighted policy stability and support systems as drivers of investor attraction.
