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The Akwa Ibom State Government has announced that it has begun steps to revise the state’s regulatory structure to improve the ease of doing business.
Speaking during his inaugural press briefing in Uyo on Wednesday, the Commissioner for Trade and Investment, Capt. Iniobong Ekong (retd), explained that the overhaul is aimed at simplifying processes for investors and fostering a more supportive environment for Micro, Small, and Medium Enterprises (MSMEs) to succeed.
The event was held under the theme: “Unlocking Opportunities: The Role of Trade and Investment in the Arise Agenda.”
Ekong further stated that the ministry is collaborating with key stakeholders to enhance access to funding, training, and market linkages for MSMEs throughout all local government areas in the state. He also encouraged citizens to take advantage of the various initiatives being rolled out by the government.
“Our aim is to promote Akwa Ibom as a top investment destination in Nigeria and beyond. We are reviewing regulatory frameworks and processes to make it easier for investors to do business in Akwa Ibom.
“A comprehensive investment roadmap will be unveiled soon, highlighting opportunities in agriculture, tourism, aviation, power, tourism, maritime, manufacturing, and ICT,” he said.
The Commissioner also said in line with the Governor’s focus on rural development, he would encourage the establishment of small-scale industries and agro-processing hubs in key zones as well as trade facilitation and export growth and called for productive partnerships with the private sector and development institutions.
He said, “We will work to unlock access to regional and international markets for Akwa Ibom products, especially non-oil exports, trade fairs, promotions and exhibitions. Investment desks in our liaison offices in Abuja & Lagos.”
The Commissioner called on the media to partner with the ministry in highlighting the Arise agenda of governor Umo Eno’s administration and making the State a hub for investment, innovation, and inclusive growth.
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