Adebayo Adenrele
Hope rise for Ado-Ekiti, the Ekiti State capital, as a future economic hub in Southwest, as President Muhammadu Buhari on Tuesday approved a Free Trade Zone status for Ekiti Knowledge zone
The approval was sequel to a request by the Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo to President Buhari seeking a free zone status for the Ekiti Knowledge Zone
The approval of the request was conveyed in letter signed by by the Chief of Staff to the President, Prof Ibrahim Gambari, entitled: “RE: Recommendation For Approval and Designation of Free Trade Zone Status in Ekiti Knowledge Zone (EKZ) Situated on 208.949 Hectares of Land Located Ado-Ijan Road, Ado Ekiti,Ekiti State,” addressed to the Minister.
The letter made available to Journalists in Ado-Ekiti by the Special Assistant to Hon Minister, Ifedayo Sayo, reads in part, “I refer to your letter Ref.No., FMITI/CED/4748/Vol1 dated 22 February, 2023 on the above subject
“kindly note that Mr President has granted free zone status approval for the Ekiti knowledge Zone located along Ado-Ijan road, Ekiti State on a parcel of land measuring approximately 208.949HA with coordinates 8042765.02m’N;761’ 244.963m’ E, in accordance with Section 1 (1) of the NEPZA Act Cap. N107 Laws of Federal Republic of Nigeria 2004”.