The 2025 Plateau State Economic Summit is set to bring together key players from the media, private sector, and government agencies, aiming to revolutionize revenue generation and streamline import/export trade processes within the state. With the theme “The Role of Media, Private Sector Businesses, and Government Agencies to Enhance Revenue Generation and Streamline Import/Export Trade Process for Ease of Business,” the summit promises to propel Plateau’s economy to new heights.

This initiative marks a transformative step towards breaking long-standing barriers to development in the state. By fostering collaboration between different sectors of the economy, the summit seeks to create a more inclusive environment for businesses to thrive, promoting the progress, prosperity, and well-being of all citizens.

One of the summit’s core objectives is the simplification of government trade compliance through a digital platform, which is expected to unlock the doors to economic prosperity. By linking the economy, government agencies, and key stakeholders, this platform will facilitate trade more efficiently than ever before.

Economic experts estimate that the benefits of this summit could result in an annual economic boost of around 2.7 billion Naira. States like Kaduna, Lagos, Kano, and Rivers have already seen significant improvements in trade efficiency after implementing similar reforms. Plateau State aims to follow suit and join the ranks of these economically thriving regions.

The summit envisions a Plateau State where businesses, including small enterprises and the informal eCommerce sector, can save time and resources, access global markets, and expand the state’s tax revenue base. This vision aligns with the broader goal of creating a system that works for everyone, with a commitment to ensuring the project’s success through collaboration with partner agencies and stakeholders.

The summit is not just about Plateau; it aims to link the state’s economic system with those of other states, enhancing overall economic growth and development. The plan for implementation includes short-term, medium-term, and long-term phases to ensure a smooth and effective rollout of these reforms.

Key stakeholders involved in the program include the Plateau State Government, Plateau Internal Revenue Service, Federal Inland Revenue Service, Industrial Training Fund, and others. Their commitment to sustainable development and innovative policies sets a new benchmark for governance and public service excellence in the state.

As preparations for the summit continue, Plateau State is on the verge of ushering in a new era of economic prosperity, efficiency, and opportunity for all. The 2025 Economic Summit is expected to become an annual event, symbolizing the state’s collective aspirations and dedication to building a stronger and more united future.

With a capacity-building exercise planned for state, local government, and traditional leaders, the summit will enhance their understanding of revenue growth and economic development strategies, paving the way for a more prosperous Plateau State.