Ekiti state governor, Abiodun Oyebanji has signed three executive orders to rev up the investment drive and the growth of the state’s economic development.
Executive Order 01 of 2023 is on the Promotion of Transparency and Efficiency in the Business Environment; Executive Order 02 of 2023 is for the Establishment, Adoption and Implementation of a Framework for Responsive and Inclusive Land-Intensive Agricultural Investment (FRILIA) and Executive Order 03 is for Trade Grievances Redress Mechanism (GRM) to address Traders’ complaints on issues such as Harassment, Unauthorised Payments and other in-kind requests.
Executive Order 01 mandates some critical MDAs to publish on the state’s official website all relevant information on fees, procedures, Service Level Agreement (SLA), and Grievance Redress Mechanism (GRM)for all core business regulatory processes provided by the MDAs.
The affected MDAs include the Ministry of Industry, Trade and Investment; the Ministry of Infrastructure and Public Utilities; the Ministry of Physical Planning and Urban Development; the Ekiti State Signage and Advertising Agency; Ekiti State Internal Revenue Services; and the Bureau of Land Services.
Executive Order 2 on the establishment, adoption and implementation of a framework for responsible and inclusive land–intensive agricultural investment stipulates strict adherence to core principles that mainstream international best practices, such as those based on the principles for Responsible Investment in Agriculture and Food System and related principles and guidance. Into the development of agribusiness in the state for sustainable economic growth.
The order stipulates that investment must be conducted transparently, minimise adverse effects from land acquisition, ensure a range of inclusive investment and production models are considered and subject the investment to consultation and participation with potentially affected communities.
Executive Order number 03 on Trade Grievance Redress mandates the Ministry of Investment, Trade and Industry to establish and maintain a Trade Grievance Redress Mechanism (TGRM) responsible for addressing and resolving trade grievances submitted by the citizens’ businesses. Industries or individuals.
The Trade Grievance Redress Mechanism shall be in line with global practice and shall cover issues such as harassment, unauthorised payments and other in-kind requests. In addition, the TGRM shall also consist of a grievance Redress Panel of experts and officials with expertise in trade matters, including representatives from relevant government agencies, industry associations and legal experts.
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