
Speaking during the second-quarter meeting of the Ease of Doing Business (EoDB) Council held on Monday in his office in Ado Ekiti, Governor Oyebanji emphasized that his government is determined to eliminate all barriers to doing business. He stated that the administration is focused on implementing investor-friendly policies to ease access and simplify business operations in Ekiti State.
The Governor identified power supply and road infrastructure as two of the most critical challenges facing entrepreneurs and businesses in the state. He acknowledged that without adequate infrastructure, attracting meaningful investment would remain difficult. To address these issues, the state government is currently undertaking efforts aimed at improving electricity supply and upgrading road networks across key economic corridors.
Governor Oyebanji stressed the importance of stable electricity in reducing operational costs for small and large businesses. He noted that many entrepreneurs currently rely heavily on diesel-powered generators, which significantly affect profitability. According to him, ensuring a steady and reliable power supply is essential for businesses to thrive and scale efficiently.
Reassuring existing and prospective investors, the Governor said his administration is committed to simplifying all procedures related to business registration and operation. He highlighted the importance of streamlining bureaucratic processes, fostering innovation, and building a conducive environment for enterprises of all sizes—especially small and medium-scale enterprises (SMEs)—to grow and contribute to the state’s economy.
The Ease of Doing Business Council meeting was chaired by Governor Oyebanji and attended by key stakeholders, including representatives of ministries, departments, and agencies (MDAs) who play a pivotal role in business regulation and policy implementation.
With these efforts, Ekiti State is positioning itself as one of the most investment-ready states in Nigeria, signaling a new era of economic reform and private-sector growth.