Edo Government Enhances PEBEC Partnership for Investment

The Edo State Government is intensifying its collaboration with the Presidential Enabling Business Environment Council (PEBEC) to strengthen the state's investment climate. This initiative is part of a broader effort to improve regulatory efficiency and attract new investments.

During a nationwide town hall engagement in Benin on Tuesday, Omoh Anabor, the Edo State Commissioner for Business, Trade and Investment, emphasized the administration's commitment to implementing policies that eliminate business bottlenecks and create an investor-friendly environment. The state government is aligning its reforms with national initiatives aimed at promoting economic growth and expanding investment opportunities.

Key reforms include the harmonization of tax administration with the Edo State Internal Revenue Service, the introduction of a unified payment platform, and a single tax code framework. These measures are expected to address concerns regarding multiple taxation, simplify tax compliance, and create a transparent business operation system within the state.

Zahrah Audu, the Director General of PEBEC, noted that these efforts are crucial for sustaining reforms beyond political transitions.