Nigeria’s capital market stakeholders have commended Governor Biodun Oyebanji of Ekiti State for what they describe as a pragmatic and growth-focused fiscal policy framework that is positioning the state for sustainable economic development.
The commendation came during a recent visit by a delegation from the Chartered Institute of Stockbrokers (CIS) and the Nigerian Exchange Group (NGX) to the Ekiti State Government House, where they praised the governor’s reform agenda aimed at strengthening the state’s investment climate.
Speaking during the meeting, CIS President, Oluwole Adeosun, noted that the governor’s policies reflect a deep understanding of economic realities and long-term planning.
“We are impressed by the transparency, fiscal discipline, and investor-friendly environment being promoted in Ekiti. This is the kind of leadership the private sector needs to confidently partner with state governments,” Adeosun stated.
Governor Oyebanji, who has prioritized infrastructure development, public-private partnerships, and digitization of government services, assured the delegation of his administration’s readiness to collaborate with capital market institutions to boost economic activity in the state.
“Our goal is to create a resilient economy where businesses can thrive. We are actively reforming revenue generation systems, investing in agriculture, and promoting industrial development,” the governor said.
The delegation also highlighted the state’s potential in agriculture, technology, and tourism, urging the government to consider listing viable state-owned enterprises on the Nigerian Exchange as a way of raising funds transparently while deepening citizens’ economic participation.
Market analysts say Ekiti’s current trajectory, backed by credible governance and a clear development roadmap, could make it a model for other subnational economies in Nigeria.
The visit concluded with the signing of a communiqué to explore further collaboration between Ekiti State and capital market institutions in areas of financial literacy, investment promotion, and infrastructure financing.
source:bussinessday.ng
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