World Bank, AfDB to Give Ekiti $100m Loan to Build Airport, Others

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By Victor Ogunje in Ado Ekiti

The Ekiti State Government has finally expressed its readiness to build an airport facility as part of efforts to attract investors to the state and make it the economic hub in all facets.

To actualise the dream, the state is at an advanced stage of discussions with the World Bank and African Development Bank (AfDB) for a sum $100 million required for the construction of Ekiti Knowledge Zone, Special Agriculture Processing Zone, Ado-Akure Road, and Ekiti Airport.

In the same vein, the government has entered into a partnership with Promasidor Company for the investment of $5 million to revamp the moribund Ikun Dairy Farm located at Ikun Ekiti, Moba Local Government of the state.

The Commissioner for Information, Mr. Muyiwa Olumilua, revealed this in Ado Ekiti on Saturday during a press conference tagged ‘Walking the Talk’ marking the one year anniversary of Governor Kayode Fayemi in office.

In 2015, the government of Mr Ayodele Fayose started the…



Source: Thisday Newspaper