The President gave the commendation during the commissioning of
Represented by the Minister of Industry, Trade and Investment,
He therefore commended the government of Edo state, and in particular the governor, describing him as the type investors want to work with, as someone dynamic, and having clear understanding of economics and the importance of investments in their states. He expressed hope that the cooperation that has sustained
Dr. Aganga said the Federal Government will continue to partner with states like Edo in its policy to bring about results which Nigerians expect from governance.
Commenting, Governor Adams Oshiomhole, while appreciating the management of
"Part of the challenge in the Nigerian system is that the Nigerian party sytem does not support businesses that require long-term gestation. If you borrow at 20, 22 or 25 per cent, it would be difficult to break even.
"When nations in
He said: "We need to do more to ensure that there is policy coherence beyond what we see in terms of what what we do as government both at the federal and state levels. As you know, trade has never been free, nation-states must formulate policies that are informed by their enlightened self-interest.
He said the Federal must stop the practice of granting waivers, saying "waivers are very damaging to businesses. It distorts the level-playing field, it confuses investors because the rules are unclear and it creates corruption, because the exercise of such discretion cannot in any way be objective."
The governor assured that "Our people are friendly, they are hardworking, they are creative and as former labour leader, I can boldly say that Edo people are the most productive of all the working people in
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