FG to establish free trade zone in Ekiti

The Federal Government has reaffirmed its intention to turn Ekiti State into one of Nigeria’s principal Free Trade Zones. The administration said that this would enable the state in establishing an economic and information free zone where businesses based on education and technical firms could operate.

The Managing Director of the Nigeria Export Processing Zone Authority, NEPZA,  Prof. Adesoji Adesugba, stated this on Thursday during a courtesy visit to the state governor, Biodun Oyebanji.

Adeugba said, “I personally came to Ekiti to express the commitment of the Federal Government of Nigeria to support the state in delivering economic and knowledge free zone.

“Government is committed to making Ekiti home of block chain technology, where technological companies and other industries that have things to do with education will be ready to invest.

”Ekiti is known for education and ideas innovation and this is where we are going to show the world that Nigeria has arrived.

The NEPZA boss further said that the first thing was to get presidential declaration to make Ekiti a free zone.

”Oyebanji has given a matching order and within 18 months, we will get so many industries, both virtual and on-sight there,” he said.

Chinyere Treasure Mbadiwe
Chinyere Treasure Mbadiwehttp://wakadaily.com
Chinyere Treasure Mbadiwe is the Co-founder and CEO of Wakadaily News. With a B.Sc. in Business Administration from the National Open University of Nigeria (NOUN), she brings a wealth of leadership and strategic expertise to the platform. Chinyere is passionate about delivering high-quality, engaging news that informs and empowers audiences. Her vision for Wakadaily is to create a space where reliable, diverse, and impactful content connects people and fosters informed conversations.

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