Biodun Oyebanji outlines industrial growth plans for Ekiti

On October 14, 2026, Ekiti State Governor Biodun Oyebanji outlined his administration's plans for industrial growth and economic prosperity during a State of the State address in Ado Ekiti. As he prepares for his second term inauguration on October 16, Oyebanji emphasized the importance of infrastructure investments to boost industrial productivity.

He stated that the state's GDP has grown from N2.4 trillion in 2019 to N4.6 trillion in 2023, with projections nearing N8.8 trillion. Oyebanji reiterated his commitment to a social contract with the people, focusing on agricultural industrialization and a knowledge-based economy through initiatives like the state Agric Processing Zone and the Ekiti Knowledge Zone.

He also reported that N11.7 billion had been disbursed as gratuities to 3,642 pensioners, and N36.6 billion in monthly pensions had been paid from October 2022 to August 2026. The address was attended by various dignitaries, including the Deputy Governor and traditional rulers.