EEDA: A Vehicle for Economic Transformation

893 views

Published on

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
893
On SlideShare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
5
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

EEDA: A Vehicle for Economic Transformation

  1. 1. Highlights  of  the  Agency  &  Activities     by  the  DG-­‐  Seyi  Aiyeleso  OSKA  
  2. 2. Who  We  Are    An  Agency  set  up  to  encourage,  promote  and   coordinate  investment  activities  in  the  State  with  a   view  to  stimulating  economic  growth  of  the  State.    A  veritable  platform  for  interaction  between  the   investing  public  and  the  State  Government.    An  organisation  interested  in  the  improvement  of  the   quality  of  lives  of  the  citizenry  through  creation  of   source  of  wealth  
  3. 3. Our  Vision    ``To  be  a  vehicle  of  sustainable  economic  development   of  Ekiti  State  with  a  view  to  positioning  the  State   amongst  the  most  developed  States  in  the  Country.    
  4. 4. Our  Mission    To  act  as  an  economic  catalyst  stimulating  real  and   sustainable  rapid  industrialization  of  the  state,   thereby  creating  opportunities  for  wealth  creation  for   the  citizens  and  economic  growth  for  the  State.      
  5. 5. Our  Objec2ves    1:                To  contribute  to  sustainable  development  of   Ekiti  State  through  generation  of  profitable   investments,  maximization  of  return  on  investment   and  acting  as  catalyst  for  investments.   2:                To  support  the  State  governments  key  goals  of   employment  generation,  poverty  alleviation  and   improvement  in  quality  of  life  of  citizenry.    
  6. 6. Our  Opera2ng  Strategies    Effective  Partnership  :  Public  –  Public  partnership,   Public  –  Private  partnership  and  partnering  with   International  Development  Agencies.    Core  of  highly  Professional,  Competent  and  Motivated   staff    Simple  but  highly  effective  Business  Process  that  will   be  ICT  driven  
  7. 7. Func2ons  of  the  Agency    Coordination  and  monitoring  of  all  enterprises  promotion   activities  in  the  State    Initiate  and  provide  support  measures  that  will  enhance   the  investment  climate  in  the  State  for  all  categories  of   investors    Promote  investments  in  and  outside  the  State  through   effective  promotional  means    Identify  specific  projects  and  secure  interested  investors  for   such  projects    Provide  input  into  Government  policies  on   Industrialization    Disseminate  information  about  investment  opportunities   in  the  State  to  all  stakeholders  
  8. 8. Our  Partners    Organised  Private  Sector    Potential  local  &  foreign  investors    Existing  investors    Professional  bodies    Trade  groups    International  Donor  Agencies    Informal  sectors  :  Artisans,  Farmers,  Unemployed   Youths  e.t.c  
  9. 9. Priori2es  –  Big  Projects    Main  priorities  will  be  to  focus  on  the  rapid   industrialization  of  the  State  through  3  major   approach  :   Resuscitation  of  all  moribund  industries  scattered   across  the  State   Optimization  of  the  output  of  the  ones  operational   currently  for  maximum  impact   Setting  up  of  new  large  scale  industries  in  strategic   areas  of  the  state  
  10. 10. Priori2es  –  Low  Hanging  Fruits    This  will  focus  on  developing  Small  and  Medium  scale   enterprises  across  the  State.  This  will  be  executed   strategically  through:   Upgrading  existing  SME´s  for  better  efficiency  and   output   Setting  up  new  ones  through  empowerment  schemes   Reviving  moribund  ones  through  fund  injection    
  11. 11. Other  Priori2es      Setting  up  Centers  for  Entrepreneurial  Development    Establishment  of  Industrial  parks  and  Enterprise   Zones    Establishment  of  Vocational  Training  and   Development  Centers    Hosting  of  Local  and  International  Business  summit   and  Expos  
  12. 12. Poten2al  Areas  for  Foreign  Direct  Investment  (FDI)    Manufacturing  :  Textile,  Foods  &  Consumables    Energy      Tourism  :  Development  of  tourist  sites    Agriculture  :  Cocoa,  Cassava,  Pineapple  processing    Hospitality  :  Hotels  &  Resort  Centers    Sport  :  Golf  Course  
  13. 13. Our  Ac2vi2es  So  Far       Production  of  EEDA  Brochure:-­‐  First  of  its  kind  in  Ekiti   State.     Ekiti  –  ODUA  Business  Enterprise  Centre.  (Old  Textile):-­‐  A   business  hub  that  will  accommodate;  Skill  acquisition   centre,    Builders  mart,  Industrial  park  Artisan  village     Dangote  Cement  Depot:-­‐  The  facility  at  Iworoko  road  can   accommodate  250  trailers  of  cement.  The  warehouse  and   the  office  complex  are  completed  for  commissioning  by  HE   during  his  1  year  in  office.       Agric  Enterprise  /  NDE  (229  youths):-­‐  229  Youths  have   been  trained  for  4  months  in  Agric  Enterprise  such  as   Piggery,  Snairy,  Horticulture,  poultry,  Goat  and  Sheep   rearing,  Honey  bee  making  etc.  This  batch  will  graduate  2nd   week  in  October  during  Mr  Governor’s  1  year  in  office.    
  14. 14. EEDA  Ac2vi2es  Cont´d    Training  of  Okada  Riders  to  go  back  to  their  vocations:-­‐   This  was  successful,  100  people  were  trained  and  about  20   have  gone  back  to  their  vocations.      A  nite  with  Mr  Governor  &  Captains  of  Industry:-­‐  This  was   the  first  of  its  kind  in  Nigeria,  bringing  Captains  of   Industry  under  one  roof.  No  Governor  in  Nigeria  has  ever   done  this.  Hitherto,  about  6  corporate  bodies   (manufacturing)  have  indicated  their  Investment  interest   in  Ekiti  State;  3  of  them  had  actually  visited  Ekiti  State   after  the  programme.    Succession  planning:-­‐  Successful  completion  of  succession   planning  Seminar  for  business  owners  in  Ekiti  State.  
  15. 15. EEDA  Ac2vi2es  Cont´d    Approval  to  establish  Flea  market    Car  mart  (Elizade  Toyota):-­‐  Workshop  &  showroom:-­‐   Chief  Ade  Ojo,  Chairman  Toyota  Elizade  has  indicated   interest  to  establish  showroom  &  workshop  for  Toyota   products    Meat  processing  plant  in  Ekiti  State  (India  valley  meat,   Alaska,  USA)    Cashew  processing  factory  (raw  material  research  &   Development  council):-­‐  Efforts  are  in  top  gear.      Pineapple  outgrowers  scheme  in  Omuo  Ekiti:-­‐   Discussion  has  reached  an  advance  level.    
  16. 16. EEDA  Ac2vi2es  Cont´d    Training  of  graduate  engineers  (Prototype   Engineering):-­‐  32  Ekiti  Graduates  in  engineering  will   be  trained  by  Prototype  Engineering.    SMEs  empowerment  (14  were  given  N20million,  71  are   currently  being  processed).    Over  250  applications  sent  to  BOI  for  empowerment.  
  17. 17. Areas  of  Opportuni2es  for  Investors   We  are  looking  for  interested   Investors  to  partner  with  EEDA   in  the  areas  highlighted    in  the  next  slides.  
  18. 18. Skills  Acquisi2on  Center  Project   Areas  of   Benefits  For   Remarks   Opportunity  for   Investors   Investors  Skill  Acquisition   Provision  of   •  pportunity  for   O Tools,  equipment,  Center  in  Ado-­‐ training  facilities   branding   Stationeries  e.t.c  Ekiti   • Lasting     would  be  needed   advertisement   to  get  the  center   avenue     up  and  running   •  ree  media   F effectively   publicity   Furnishing  of  the   Same  as  above   center    
  19. 19. Agriculture  Enterprise  Project   Areas  of   Benefits  For   Remarks   Opportunity  for   Investors   Investors  Agric  Enterprise   Provision  of  soft   • Income     Loan  will  attract   loan  facility  to   generation   relatively  better   beneficiaries   •  ree  media   F rate   publicity  
  20. 20. Eki2  Enterprise  Development  Centers  Project   Areas  of   Benefits  For   Remarks   Opportunity  for   Investors   Investors  Enterprise   Provision  of   •  pportunity  for   O The  centers  will  be  Development   infrastructural   branding   sited  in  3  strategic  Centers   supports   • Lasting     locations  in  the   advertisement   State   avenue     •  ree  media   F publicity   Equipping  of  the   •  ame  as  above   S centers  
  21. 21. Establishment  of  Farmers´  Academy  Project   Areas  of   Benefits  For   Remarks   Opportunity  for   Investors   Investors  Establishment  of   Provision  of   •  pportunity  for   OFarmers´  Academy   infrastructural   branding   supports   • Lasting     advertisement   avenue     •  ree  media   F publicity   Equipping  of  the   •  ame  as  above   S centers   Provision  of   •  ncome   I agricultural  inputs   generation   at  competitive  rate  
  22. 22. Computer  Village  &  ICT  Center  Project   Areas  of   Benefits  For   Remarks   Opportunity  for   Investors   Investors  Establishment  of  a   Provision  of   •  pportunity  for   OComputer  Village   infrastructural   branding   supports   • Lasting     advertisement   avenue     •  ree  media   F publicity  Establishment  of  a   Equipping  of  the   •  ame  as  above   SICT  Center   center   • Sales  &     Marketing   opportunity  
  23. 23. Interna2onal  Business  Summit  &  Expos  Project   Areas  of   Benefits  For   Remarks   Opportunity  for   Investors   Investors  International   Sponsorship   •  pportunity  for   OBusiness  Summit   branding  &  Expos   • Advertisement     Opportunity   •  ree  media   F publicity  

×