The Edo Project:Defining the Issues & Addressing the Challenges – Post 2016

EDO STATE GOVERNMENT OF NIGERIAEDO STATE GOVERNMENT OF NIGERIAEDO STATE GOVERNMENT OF NIGERIAEDO STATE GOVERNMENT OF NIGERIA

EDO STATE GOVERNMENT

Godwin ObasekiCHAIRMANEconomic & Strategy TeamEdo State Government

Presentation Outline

Pre 2008- People, the place and the economy

Defining the Issues- our PIE Agenda

The Outcomes? - Our Score Card

The Challeges– Areas of concerns

Addressing the challenges - Post 2016 (Taking Edo to the next level)

Pre 2008 – Grave crises

Grave urban crisis characterized by: Decayed Infrastructure Institutional Deterioration Environmental Degradation Security Threats Widespread unemployment collapsed Social Services

Reasons for the Crisis Absence of Popular Participation in Governance &

Predominance of Godfatherism and Gangsterism in the Political System

Weak Public Sector Lack of Transparency & Accountability Absence of a clearly articulated Development Agenda Absence of long-term planning & sustained policy

implementation Inadequate Internally Generated Revenue (IGR) Weak Financial Control & Fiscal Management Systems

Defining the Issues - our PIE Agenda

People

Infrastructure

Production/The Economy

If we give our people 21st century Education and skills they will achieve the same feath as our forefathers did centuries ago

Promote accessible, functional, affordable and quality health care services

Economic development through agriculture and Industry

How do we take advantage of our Locational Advantage, as a node to build our internal infrastructure

Renew our infrastructure to drive economic growth..

The Promise – What we set out to achieve in November 2008

The Vision A vision was crafted for the state – “To become a leading economic

centre of Nigeria where the people live in dignity, powered by a government that is responsive to the people”

Key Elements of the plan Three Year Planning horizon with specific action and goals set at:

− First Week in Office− First six (6) months− Eighteen Months; and− Thirty Six (36) Months or 3 years

The key areas highlighted in the report are:− Infrastructure− Health− Education− Employment Creation− Agriculture− Governance

WHERE ARE WE TODAY

WHERE WE WANT

TO BE

1st Week

6 Months

18 Months

3 Years

The Plan was premised on:The Plan was premised on:

1

2

3

4

5

6

7 Reform of Public Sector Financial Management Process and procurement

Hiring professionals to serve in Government

Focus on few key priorities to ensure impact

Cut waste in public expenditure

Involve people & ensure transparency in governance

Improve Service Delivery with ICT & up-scaling civil service

Promote Private Public Partnership in Development

The Out comes – Our Score Card

1

2

3

4

5Reform of Public Sector Financial Management Process and procurement

More responsive Government, Trust

More efficiency, Transparency and Accountability

Improve Service Delivery with ICT & up-scaling civil service

More Value for money

66 Hence we have been able to access more resources and have started building critical infrastructure in our priority areas of Roads, Education, and health.

6

The future is about the Economy

The PRAGMATIC APPROACH to consolidating the gains of the last 7 years and achieving the vision: “To become a leading economic centre of Nigeria where the people live in dignity, powered by a Government that is responsive to the people”

Post 2016 Issues

Government will have to rely more on the people to obtain the resources required to run Government and carry out Government programmes. Therefore:

1)Government

Strengthen the capacity of the civil service so that government programmes can be executed.

Hire more professionals, Improve incentives

2)Education:

Emphasis Science and Technology More focus and investments to primary, Vocational and Technical

Schools

3) Continue to invest in Infrastructure Use Infrastructure to open up the state economy in specific areas of

comparative advantages

Development of power infrastructureAgribusiness and crop processing zonesHousing and Industrial Estates

Creating Jobs through Agriculture and Industry

Encourage and Support large Commercial investments in Agric, to improve and strengthen the capacity of our local farmers

Emphasis on Out-growers scheme for agribusiness development

Build Technical & Vocational capacity of our youths to get employment in new businesses that will locate in the state

Support Micro, Small and Medium Enterprises through well structured interventions

Issues Its all about Economic Empowerment

Key Crop Production Zones

Cassava

Oil Palm

Rubber Belt

Cocoa

Grains

How have we fared – Score Card

S/n Project Completion Value

1 450 MW Azura IPP 2018 $1 billion

2 550 MW Ossiomo Power IPP 2017 $600 million

3 Greenacre Agri-Processing Plant 2016 $20 million

4 Siat Rubber Plantation 2017 Over N10 billion

5 50,000 Rice Farm (Dangote) 2017 YTD

6 Ossiomo Free Trade Zone 2016 Over $1 billion

7 Benin Heritage Market 2017 N12 Billion

8 20,000 BPD Refinery 2017 $100 million

9 Greenpark Petrochemical Company 2018 $350 million

Thank You