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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 Tuesday in Abuja by Special Assistant to the Minister, Ifedayo Sayo.
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.
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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.”