Home Business FG TO ESTABLISH FREE TRADE ZONE IN EKITI.

FG TO ESTABLISH FREE TRADE ZONE IN EKITI.

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The Federal Government has restated commitment to make Ekiti 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.

Managing Director of the Nigeria Export Processing Zone Authority,NEPZA, Professor Adesoji Adesugba, stated this during a courtesy visit to Governor Biodun Oyebanji, in Ado-Ekiti.

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

In his remarks, Oyebanji said there was the need for the Federal Government to fast-track the completion of the project to attract more investors to the state saying productivity would always lead to shared prosperity.

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