GOV MBAH’S PACESETTING IN NEW INFRASTRUCTURE ENABLING EASE OF DOING BUSINESS FOR INVESTORS IN ENUGU – HON NWODO

Enugu – Governor of Enugu State, Barr Peter Ndubuisi Mbah, has received a huge commendation by entrepreneurs in the state over the governor’s commitment to investment in infrastructure such as road, water, security and other projects across the state which are already catalyzing investment.

Speaking on Friday with newsmen at a one-day economic and investment summit organized by a group of investors in Enugu, the Chief Executive Officer of Glorious Properties Nigeria Limited, Hon Chidera Nwodo, extolled the governor over what he described as a “deliberate and aggressive efforts” by the state governor to build new infrastructure that would attract more investors to the state.

He stressed that despite the challenges facing businesses and investments on the country due to inflation, high cost of procurement and production, Governor Mbah’s administration has been serving as an enabler for them to remain in business.

Speaking on the theme of the summit, “Inflation, Production, and Weak Currency: Prospects and Challenges”, Nwodo explained that all hope is not lost if the federal government would start rolling out incentives for local industries to produce and export their products.

“The Nigeria economy can still recovery if the federal government decides to look inward, encourage local manufacturers to go into mass production and export what they are producing. The implication is that Nigeria, rather than depending on import will have to market its own products outside the shore of its border and earn in hard currency. This will ensure balance of trade.

“We must also find a way to encourage our people to patronize locally made goods against the insatiable appetite for foreign goods. More consumption of local production and less dependent on foreign goods will speed up the recovery process,” he added.

The business magnate further stated that subnationals such as state governments have a huge role to play in the economic recovery process by creating enabling environment through the right infrastructure for investment.

According to him, many of them in Enugu State are still in business because of the huge investment the administration of Mbah was committing to infrastructure, security and other projects that are business-enablers.

“We are still in business in Enugu because of the deliberate economic steps of the governor. He is investing heavily in the right infrastructure, and the environment is becoming investment-friendly.

“When you look at the security situation in the state, you can confidently score the governor over 95% across board. You can transact your business from Sunday to Saturday without security breach or fear. You know, no business will thrive in a chaotic atmosphere. So, we will continue to expand what we have in this state because of the guaranteed security architecture on ground.

“This is how we can also create employment and empower people around us. In Enugu, we are glad with what someone like the governor who is also an entrepreneur and business-focused investor is doing to make the state a business hub,” he said.