President Muhammadu Buhari has approved the request of the Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, seeking a free zone status for Ekiti Knowledge Zone.
This is contained in a statement issued on Tuesday in Abuja by Mr Ifedayo Sayo, Special Assistant to the Minister.
According to Sayo, the approval was conveyed via a letter titled: “RE: Recommendation for Approval and Designation of Free Trade Zone Status in Ekiti Knowledge Zone (EKZ).
The zone is situated on 208.949 hectares located on Ado-Ijan Road, Ado Ekiti, Ekiti State.
He said that the letter addressed to the minister was signed by the Chief of Staff to the President, Prof. Ibrahim Gambari.
The letter reads in part: “I refer to your letter Ref.No., FMITI/CED/4748/Vol1 dated Feb. 22, 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.
“This is 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.”