By Matthew Johnson
Edo State Commissioner for Oil and Gas, Mr. Andrew Momodu, has said the administration of Governor Monday Okpebholo is positioning the state as a viable destination for investment in the oil and gas sector through policies aimed at driving growth, innovation and economic diversification.
Momodu who spoke during a courtesy visit by the Special Adviser to the Governor on Market Affairs in Benin Mrs. Ikharo Juliana who led a delegation of heads of various market women popularly known as the Iyeki Market Women.
He said the state government was committed to unlocking the vast potential of the oil and gas sector by creating an enabling environment for investors and industry stakeholders.
Momodu explained that Governor Okpebholo is opening up the state’s economy to investors with the capacity to bring capital, technology, expertise and strategic partnerships that will boost local value creation, strengthen energy security and create opportunities for residents.
He urged the market women to support government efforts by promoting Edo State as an attractive investment destination.
He also assured the women of the government’s support for initiatives that would enhance their businesses and improve their livelihoods.
Momodu said : “The government is prioritising policy stability, local content development, gas value addition, infrastructure support, investor confidence and public-private partnerships to ensure sustainable economic benefits for the people.
“Edo is not only ready for investment but also prepared to provide a platform where global partners can grow with the state through sustainable energy development and long-term economic diversification.
“Edo is open for business, and under Governor Okpebholo, we are building a strong, sustainable, and investor-friendly energy future.
“I encouraged everyone to engage with his ministry on development proposals and other priorities capable of impacting positively on their economic activities.” he said
Converge at the meeting were dignitaries such as representatives of Oba, Yanga, Ologbo,Oliya, Olamusa markets, as well as officials of the Ministry of Oil and Gas among others.
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