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Oyebanji Plans Infrastructure Investments for Ekiti's Growth

Oyebanji Plans Infrastructure Investments for Ekiti's Growth

On October 13, 2026, Ekiti State Governor Biodun Oyebanji delivered the State of the State address in Ado Ekiti, outlining his administration's focus for the upcoming second term. He stated that investments in infrastructure would be pivotal for driving industrial productivity and economic prosperity in Ekiti.

Oyebanji emphasized the importance of connecting social amenities and infrastructure to economic activities to alleviate poverty. His administration aims to prioritize agricultural industrialization and the development of a knowledge-based economy through initiatives like the state Agric Processing Zone and the Ekiti Knowledge Zone.

He reported that N11.7 billion had been disbursed as gratuities to 3,642 state pensioners, with N36.6 billion allocated for monthly pensions from October 2022 to August 2026. The state's GDP increased from N2.4 trillion in 2019 to N4.6 trillion in 2023, with projections suggesting it could reach N8.8 trillion.

Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.

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