Edo state has the potential to become a hub for both human and mineral resources. By tapping into the IT industry and developing IT hubs within the state, it can create a new stream of revenue. Additionally, the state can focus on exporting its abundant mineral resources such as cocoa, rubber, and bitumen to generate further income.
However, one of the challenges faced by Edo state is the “brain drain” effect, where many of its graduates leave for bigger cities like Lagos and Abuja due to the lack of employment opportunities within the state. To counteract this, the government can focus on attracting businesses and companies to set up operations in Edo state by providing incentives and fostering a favorable business environment.
Dr. Dennis Osahon Aikoriogie, a gubernatorial aspirant in Edo state, has recognized the need to diversify the state’s economy and create more job opportunities for its residents. By prioritizing the development of human capital and attracting investment, Edo state can unlock its full potential and improve the lives of its citizens. This proactive approach to economic development could lead to a brighter future for Edo state.