EDO STATE OFFICIAL WEBSITE

Vision:

The vision of the Ministry is to foster prosperity by the creation of self sustaining economic which ensure wealth creation, poverty alleviation and job creation in the State.

Mission

The Mission statement of the Ministry is to continuously provide policy impetus for
sustainable economy through Commerce, Cooperative and Industrial activities for the
people of Edo State.

Organization Structure

The Organizational structure of the Ministry is presented below: The Hon. Commissioner is the political head of the Ministry while the Permanent Secretary is the accounting officer. The Directors work through the Permanent Secretary to the Hon. Commissioner. The Ministry has five Departments headed by Directors.

(i) Department of Administration & Supplies.

(ii) Department of Finance & Accounts.

(iii) Department of Commerce.

(iv) Department of Cooperative.

(v) Department of Industry.

There is the Loan Management Committee Unit and it is under the office of Permanent Secretary. Other Divisions are as shown in Organizational Structure of the Ministry.

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FUNCTIONS OF THE MINISTRY

	To advise Government on policies designed to boost trading activities and the industrial development of the State;
	To promote and provide facilities for bulk purchase and distribution of essential commodities;
	To promote and establish cooperative societies as a means of mobilising resources at the grass root level and developing team spirit for the economic advancement of all parts of State;
	To give loans and technical advisory services to small-scale industries benefitting from the State’s Small-Scale industrial loan scheme;
	To promote trade fairs and stage trade exhibitions;
	To gather, collate and analyse data that can facilitate further development in the State in the area of commerce and cooperative services;
	To provide a conducive environment for mineral exploration and exploitation in the State;
	To establish gemstone buying centre and ensure sanity in the conduct of business transaction at the centre;
	To manage Government investment quoted companies; and
	To supervise and monitor mining activities and set standard operating procedures for the investors.

Policy Regulating Commercial Activities in the Ministry

Policy regulating Commercial Activities in the Ministry are derived from the 1993 gazette setting up the functions of the Ministry. These are:

(i)         Commerce and Industries.
(ii)        Trade Fairs and Exhibition.
(iii)       Industrial Estates
(iv)       Nigerian Enterprise Promotion Committee
(v)       Tourism and State Hotel (This function has been transferred to Ministry of Arts and Culture).
(vi)       Produce Marketing.
(vii)      Cooperatives
(viii)     Bulk Purchases and Supplies
(ix)       Small Scale Industrial Schemes
(x)        Monitoring of Fuel Supply
(xi)       Registration of Business Premises
(xii)      State Investments.
(xiii)     Productivity, Price and Income matters.

In order to carry out these functions effectively in the Ministry, three functional departments are created in addition to mandatory Departments, these are Industries Department, Commercial Department, and Cooperative Department. There are law regulating the performance of the functions such as the business premises law and the Cooperative law.

DEPARTMENTS IN THE MINISTRY

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