President Muhammadu Buhari has approved the request of the Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, for a free zone status to the Ekiti Knowledge Zone.
The approval was conveyed via a letter titled: “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 and signed by the Chief of Staff to the President, Prof. Ibrahim Gambari. In a press release yesterday, Mr Ifefayo Sayo, Special Assistant to the Minister of Industry, Trade and Investment, said: “I refer to your letter Ref.No., FMITI/CED/4748/Vol.1 dated 22 February, 2023 on the above subject.
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“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.”