The Federal Government has reiterated its commitment to establishing a free trade zone in Nigeria.
According to The PUNCH, this was disclosed by the Managing Director of the Nigeria Export Processing Zone Authority, Prof. Adesoji Adesugba, during a courtesy visit to the state governor, Biodun Oyebanji in Ado-Ekiti, the state capital, on Thursday.
Adesugba said that creating the economic zone would help facilitate the economy advancement of the State.
The head of NEPZA also revealed that the free trade zone would be ready in 18 months.
“I personally came to Ekiti to express the commitment of the Federal Government of Nigeria to support the state in delivering economic and knowledge free zone.
“Government is committed to making Ekiti home of block chain technology, where technological companies and other industries that have things to do with education will be ready to invest.
”Ekiti is known for education and ideas innovation and this is where we are going to show the world that Nigeria has arrived,” he said.
The head of NEPZA also said that the first step was to get a presidential order making Ekiti a free zone.
”Oyebanji has given a matching order and within 18 months, we will get so many industries, both virtual and on-sight there,” he said
Adesugba assured that preparations were being made and that work was being done, and that NEPZA would obtain the president’s approval.
