The UNDP has received appreciation from the managing director of the Edo State Investment Promotion Office, Kelvin Uwaibi, for its dedication to enhancing Nigeria’s ability to promote investments.
According to The PUNCH, Uwaibi underlined the significance of the continuing relationship, which started in 2023 and assisted ESIPO with investment promotion and the Edo State Government’s One-Stop-Shop program, during a meeting with UNDP officials in Abuja on Wednesday.
In an effort to foster more cooperation, Uwaibi presented a number of projects slated for 2024, such as digital tools that will improve market access for entrepreneurs; customer-facing investment desks in every local government area; portals for investor inquiries and corporate social responsibility; and an extensive business directory.
Uwaibi claims that “the goal of these program is to draw in foreign direct investment to help Edo State’s fashion, trade and investment, energy, food security, employment, and climate change sectors.”
He said that “Matched the UNDP’s goal of enlisting the private sector to provide resources for sustainable development.
He reiterated the state’s commitment to bolstering the economic climate and fostering a culture that attracts businesses.”
The Integrated National Financing Framework, a joint venture between UNDP and government organizations to draw in private funding for sustainable development, was also highlighted during the discussion.
“I must commend the UNDP for its dedication to bolstering investment promotion capacity in Nigerian states generally, and Edo State specifically.
“The Integrated National Financing Framework plan serves as proof of the investment encouragement. In 2024, a number of projects are in the works. These include digital tools that help company owners reach a wider audience, customer-facing investment desks in every local government area, investor inquiry and CSR websites, and an extensive business directory.”
The UNDP’s SGD Finance Analyst, Fatima Umar, National Economist, Precious Akanonu, Program Specialist, Clare Henshaw, Partnership/Program Associate, Joyce Oburu and Communications Director for ESIPO, Henry Oqua were among the attendees at the conference.
