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Buhari approves free trade zone status for Ekiti knowledge zone

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Rayyan Alhassan
Rayyan Alhassanhttps://dailynigerian.com/author/rayyan/
Rayyan Alhassan is a graduate of Journalism and Mass Communication at Sikkim Manipal University, Ghana. He is the acting Managing Editor at the Daily Nigerian newspaper, a position he has held for the past 3 years. He can be reached via rayyanalhassan@dailynigerian.com, or www.facebook.com/RayyanAlhassan, or @Rayyan88 on Twitter.
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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).

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The zone is situated on 208.949 hectares located on Ado-Ijan Road, Ado Ekiti, Ekiti State.

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He said that the letter addressed to the minister was signed by the Chief of Staff to the President, Prof. Ibrahim Gambari.

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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.”

NAN

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