Investments to Ekiti State exceeded $100 million

- Advertisement -

 make establishment of business easier, which included granting of business premises waiver, Automation of PAYE registration, introduction of online payments for construction and setting of High Court minimum thresholds at six judgments per quarter,” he said. “All these were put in place to attract new businesses to Ekiti. In totality, we have attracted over $100m to Ekiti since 2018. Ikun Dairy Farm alone gulped $5m, which we achieved through partnership with Promasidor Nigeria Limited and we are making similar progress in other agro based companies.”

During the workshop, Governor Fayemi also revealed that his government has been partnering with potential investors through the provision of accurate information on business opportunities, and the allocation of investment-friendly buildings and sites.

On the other hand, the Director General of the Ekiti State Development and Investment Promotion Agency, Ayoola Owolabi, noted that improving business environment was critical in achieving the Fayemi government’s policy thrust that has been imperative in the effective delivery of the government’s focus in investment. “Through serious investment drive, we have worked for the resuscitation of Ikun Dairy Farm in partnership with Promasidor Nigeria Limited while Ikogosi Warm Spring and Resort, Ire Burnt Brick, Ekiti House in Abuja and Lagos are at advanced stages of Public Private Partnership,” he added.

Hot this week

Is the UK Economy Recovering? Services Sector Expansion Reaches Highest Level in Six Months

Britain’s services sector is the engine of its economy....

A few Canadian provinces may witness job losses with new U.S. tariffs?

Inside a small children's store in Toronto, owner Jill...

Four Arrested as Kenya Investigates Deaths of 18 Elephants in Amboseli

Authorities in Kenya have arrested four individuals as investigations...

Masked Men Break Into Perth Home – Two Residents Seriously Injured

Two men were seriously injured after masked attackers broke...

Former US Police Officer Who Killed Sonya Massey Dies in Prison at 32

Sean Grayson, the former US police officer convicted of...
- Advertisement -

Related Articles

- Advertisement -sitaramatravels.comsitaramatravels.com

Popular Categories