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BIPC DRIVING BENUE’S 4 KEY ECONOMIC POLICY ASEMAKAHA

EconomyFoot Print by EconomyFoot Print
January 14, 2025
in Industry | Trade | Commerce, Politics
Reading Time: 1 min read
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Benue State Targets $8m GDP in Four Years
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The Group Managing Director/CEO of the Benue Investment and Property Company Limited-BIPC, Dr. Raymond Asemakaha-CFA says the company is driving the four key phases of economic development for the state.

The Group Managing Director disclosed this when he appeared on Arise TV Program ‘Global Business Report’ Monday morning.


Dr. Asemakaha explained that the four phases of the state’s industrial revolution include; Economic Intelligence, sectoral and institutional reforms, commercialization drive and Business Environment Reforms.

According to him, while under Economic Intelligence the state is developing data Revolution Masterplan, embarking on the Institutional assessment,  Auditing economic assets across the state, the sectoral phase seeks to produce policies that will increase private sector participation and secure investments across all priority sectors in the state,

The commercialization drive will  produce a State Economic Asset Register and commence commercialization drive to ensure the state has no unproductive asset by the end of the administration.

The last phase of the four key economic model, Business Environment Reforms is to embark on Crucial business environment reforms across all business-facing MDAs to reduce the time, cost and procedures across all the services rendered, engage and foster close ties with the business community to build the state’s economy.

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