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Home News

FG to establish free trade zone in Ekiti

JEO report by JEO report
January 27, 2023
in News
0
FG to establish free trade zone in Ekiti
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The Federal Government has restated commitment to make Ekiti State a major Free Trade Zone in Nigeria.

The government said this would support the state in delivering economic and knowledge free zone where education-based industries and technological companies could operate.

The Managing Director of the Nigeria Export Processing Zone Authority, Prof. Adesoji Adesugba, said this during a courtesy visit to the state governor, Biodun Oyebanji in Ado-Ekiti, the state capital, on Thursday.

Adesugba said the establishment of the economic zone would boost the economy of the state and increase its Internally Generated Revenue as well as reduce over-reliance on federal allocation.

He commended Ekiti government for being proactive by creating education and knowledge zone.

The NEPZA boss gave the assurance that the free trade zone would be ready within 18 months, adding that he was in Ekiti to confirm the commitment of the Federal Government toward the successful completion of the project.

He called on drivers and captains of industries to invest in the state when the zone was ready.

JEO report

JEO report

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