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HomeMore NewsBanking & FinanceInvestments to Ekiti State exceeded $100 million

Investments to Ekiti State exceeded $100 million

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 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.

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