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Home»News»From Ranking 34th to “SHINE”: Edo State’s Strategy to Rewrite the Business Narrative in 2026
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From Ranking 34th to “SHINE”: Edo State’s Strategy to Rewrite the Business Narrative in 2026

Gift IfeanyiBy Gift IfeanyiJanuary 8, 202602 Mins Read
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Edo State is currently at a critical policy junction. After historical rankings of 34th and 37th in Nigeria’s subnational Ease of Doing Business (EoDB) surveys, the Governor Monday Okpebholo administration has launched a multi-sectoral counter-offensive. Central to this is the SHINE Agenda, a strategic roadmap designed to pivot the state from “stories to development.”

The SHINE Agenda: A New Governance Blueprint

The SHINE acronym represents the five pillars through which the administration aims to rebuild public trust and investor confidence:

  • S – Security: Strengthening the Special Security Squad and enacting strict anti-cultism/kidnapping laws.

  • H – Healthcare: Building a new 100-bed Specialist Hospital and 50+ Primary Health Centres.

  • I – Infrastructure: Accelerating legacy projects like the Ikpoba Hill flyover to boost trade mobility.

  • N – Natural Resources & Agriculture: Expanding market remodeling and rural access.

  • E – Education: Remodeling schools and prioritizing technical/vocational skills.

SABER & BERAP: The Mechanics of Reform

To move the needle on national rankings, Edo is leveraging the State Action on Business Enabling Reforms (SABER)—a $750 million performance-based program supported by the World Bank and PEBEC.6 The state’s 2026 roadmap centers on the Business Enabling Reforms Action Plan (BERAP), which focuses on four key outcomes:

  1. Efficiency in Land Administration: Moving toward digitized C of O processes to unlock dead capital.

  2. Fiber Optic Infrastructure: Streamlining Right-of-Way (RoW) fees to boost digital connectivity for SMEs.

  3. Investment Promotion: Strengthening Public-Private Partnership (PPP) units to provide “end-to-end” support for large investors.

  4. Tax Transparency: Harmonizing levies and taxes into a single, predictable schedule to eliminate multiple taxation.

Strategic Stakeholder Validation

In early January 2026, the State EoDB Council, chaired by Finance Commissioner Emmanuel Okoebor, convened a validation workshop.10 This was not a routine briefing but a “preparatory engagement” where private sector players were invited to vet the 2026 BERAP.11 The goal is to ensure that reforms are not just “on paper” but improve the “lived experience” of entrepreneurs in Benin City and beyond.

 

Edo State Business Reform Snapshot: 2025 vs. 2026 Goal

Indicator 2025 Status 2026 Reform Target
National EoDB Rank Historic Low (34th-37th) Aiming for Top 10
Taxation Fragmented MDAs Single State-wide Schedule (Q1 2026)
Land Titling Manual/Analogue 95% Digitization of Records
Digital Connectivity Inconsistent RoW Policy Unified Permitting & Fibre Ducts
Governance Style Consultant-led Practical, Result-driven (SHINE)
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Gift Ifeanyi

Gift Ifeanyi is a passionate and talented young web developer with a flair for storytelling and a keen interest in business and entrepreneurship. She brings a fresh perspective and a tech-savvy approach to delivering daily news and insights on the ever-evolving world of startups, innovation, and business trends. With a commitment to excellence and a drive to inspire the next generation of entrepreneurs, Gift is dedicated to creating engaging and informative content that empowers readers to thrive in the dynamic business landscape.

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