The Minister of Industry, Trade and Investment, Otunba Niyi Adebayo, has assured the Ekiti State Government of the support of his Ministry in boosting the current investment drive by the Fayemi-led administration aimed at turning the State to an investment hub.

Otunba Adebayo gave the assurance while receiving the Ekiti State Commissioner for Investment, Trade and Industry, Aare Muyiwa Olumilua, who was on a courtesy visit to his office in Abuja.

Adebayo said that, as the first Governor of Ekiti State, he was not unaware of the untapped investment potentials in the State, noting that the peace and security, as well as the enabling environment for ease of doing business make it an ideal destination for investors.


The Minister said that, with the “progressive minded and transparent administration of Governor Kayode Fayemi that is now steering the ship, he would not hesitate to do his best possible, to assist in the efforts to attract investors to the State, and boost its economy”.

Earlier, the Ekiti State Commissioner for Investment, Trade and Industry, Aare Muyiwa Olumilua, had solicited the support of the Federal Government and the Minister, Otunba Adebayo in attracting Foreign Direct Investments (FDI) to the State.

Aare Olumilua noted that the importance of relying on personalities like Otunba Adebayo and soliciting his support cannot be overemphasized, adding that “he was once a Governor of the State, indeed the first Governor ever, and he is now an elder statesman who is in a position to assist the State”.

Olumilua stressed that apart from the fact that Ekiti people are generally friendly and hospitable, the Fayemi-led administration is investor-friendly and has created an enabling environment for investment to thrive by introducing a lot of incentives for investors.

He added that the administration has also put in place a proactive security architecture to guarantee safety of lives and property, thereby enhancing a stable political and business environment.

The Commissioner said that the State would reach out to all Ekiti indigenes, as well as relevant non-indigenes, who are in positions where they can assist the investment drive of the State, adding that no stone would be left unturned in the efforts at boosting the economy of the State, and turning its fortunes around for the better.

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