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Benin Enterprise Park: Edo Assures Access To Gas, Power, Others To Attract Investors

Published

2 years ago

October 13, 2023

The Managing Director of the Benin Enterprise Park, Mr. Ikponmwonsa Edward Osayande, has said the state government is committed to providing access to gas, electricity, security and other amenities to anchor tenants at the park.

Osayande, who disclosed this in a chat with journalists in Benin City, said the park is located in Ikpoba Okha Local Government Area of the state and spans across five communities.

He stated that the total area of the park spans 997.71 hectares of land and is conceived as a multiple business enclave to fast-track the development and growth of the state’s economy.

Osayande said, “The mandate is to build an industrial park designed to boost the Gross Domestic Product (GDP) of the state, provide opportunities for training and employment, and enable efficient, effective, responsive and innovative utilisation of the natural and geographic endowments of Edo State.

“The location of the park is equidistant from all over the State, including Delta State, thus taking advantage of our geographical location for intra and interstate commerce.”

According to him, “As a government, we have now decided to provide the horizontal infrastructure such that businesses will now come in and set up. We are committed to providing access to electricity, water, security and gas. With that, we can have a situation where we now bring in small to medium-scale businesses. They can come in and take parcels of land. That part of the policy is being developed.”

Noting that the park is ready to receive investors, he said: “The idea is to get them in as quickly as possible. We have two major anchor tenants coming in already that we’re working with right now. So, we’re trying to get it from greenfield to brownfield as quickly as possible.”

The Managing Director added, “They are the ones that will sell Edo State once they come in after they have gone through the experience of trying to set up. So, when they come in, they will be the ones to do the marketing because they want everybody to know that this is where we are located now, in conjunction with the State.”

News

Lagos Suspends BRT Lane Enforcement On Eko Bridge, Odo Iya-Alaro

Published

6 hours ago

July 2, 2025

Editor

The Lagos State Government has temporarily suspended enforcement of the Bus Rapid Transit lane along the Eko Bridge and Odo Iya-Alaro corridor to ease growing traffic congestion.

This gridlock is a result of the ongoing structural rehabilitation on the Ogudu-Ifako Bridge expansion joint.

Special Adviser to the Lagos Governor on Transportation, Sola Giwa announced the suspension on Wednesday, describing it as a strategic move to tackle gridlock in affected parts of the city.

“This remedial measure, conceived as a palliative response to mitigate commuter hardship, aligns with the Lagos State Government’s forward-thinking and adaptive transportation strategy under the THEMES Plus Agenda of Governor Babajide Sanwo-Olu, particularly within the framework of sustainable traffic management and infrastructure modernisation,” Giwa said.

He explained that the temporary suspension is a transitional and conditional measure aimed at absorbing the anticipated vehicular overflow caused by the partial closure of the Ifako-bound carriageway of the Third Mainland corridor.

“We are fully cognizant of the immense strain currently imposed on key ingress routes into the Lagos Mainland. Consequently, this tactical suspension of BRT lane enforcement is a calculated response designed to deliver immediate relief, reduce commuting time, and preserve the fluidity of vehicular movement throughout the duration of the bridge repairs,” he added.

According to him, the directive takes immediate effect and allows general vehicular access to previously restricted BRT corridors on Eko Bridge and Odo Iya-Alaro, particularly during peak travel periods.

He said this move is expected to expand available road capacity and ease traffic along critical routes.

Giwa, however, stressed that commercial buses and articulated vehicles must remain in compliance with existing safety rules and loading guidelines to avoid worsening traffic conditions or compromising public safety.

He also disclosed that the Lagos State Traffic Management Authority has been mobilised to strengthen its presence along the affected corridors.

“Enhanced personnel deployment and traffic equipment are now in place to ensure orderly conduct, prevent exploitation of the temporary suspension, and respond promptly to any emergent traffic disturbances,” Giwa stated.

News

Lagos Opens Teacher Recruitment Portal For Two Weeks

Published

6 hours ago

July 2, 2025

Editor

The Lagos State Government has announced the reactivation of its teaching job recruitment portal to allow qualified individuals to apply for entry-level teaching positions.

In a notice issued by the Lagos State Teaching Service Commission on Tuesday, the portal will be open for applications from Tuesday, July 1 to Monday, July 14, 2025.

“The Lagos State Teaching Service Commission is set to reactivate its Recruitment Portal as a bold step towards improving access to employment opportunities, equity, and fairness.

“The job portal, which will be accessible for two weeks (Tuesday, July 1st 2025, to Monday, July 14th, 2025), is intended to provide a centralised platform where individuals can apply for State Teaching jobs at the entry level (GL 08) in their relevant fields,” the notice read.

The move, according to the Commission, is aimed at improving access to employment opportunities in the education sector while ensuring equity and fairness.

TESCOM urged interested applicants with a degree in Education or other relevant qualifications to visit the official portal https://tescomjobs.lagosstate.gov.ng and apply for teaching roles at Grade Level 08.

The notice was signed by the Chairman of the Lagos State Teaching Service Commission.

News

FG Unveils N50m Grant To Boost Student Innovation, Entrepreneurship

Published

7 hours ago

July 2, 2025

Editor

The Minister of Education, Dr. Tunji Alausa, has announced a N50m Student Grant Venture Capital Initiative to support scaling student-led enterprises in Nigeria’s tertiary institutions.

Alausa said the initiative aims to bridge the gap between academia and industry by turning homegrown research into commercially viable products and services.

The minister made the announcement on Wednesday in Abuja when he inaugurated the Research and Innovation Commercialisation Committee.

He said the scheme, which will be anchored by TETFund in partnership with the Bank of India, targets undergraduate students in 300-level and above with viable business models and innovations ready for market expansion.

According to the minister, the development is aligned with President Bola Tinubu’s agenda of transitioning Nigeria from a resource-based economy to a knowledge-driven one.

“We have hundreds of thousands of young geniuses across our institutions. This fund is designed to unlock their potential and help them build globally competitive enterprises,” the minister said.

On her part, the Minister of State for Education, Prof. Suwaiba Ahmad, described the inauguration as a landmark moment in Nigeria’s education and innovation history.

“For too long, research in our tertiary institutions has been reduced to tools for promotion rather than solutions for development. This must change,” she said.

In his response, the Committee Chairman, Dr. Tayo Aduloju, described the RICC as “a matter of national urgency”, noting that Nigeria’s research investment as a percentage of GDP is among the lowest when compared to peer nations.