At the unveiling ceremony of the Adire Ekiti Hub in March, Nneka Moses of Goge Africa described Ekiti State as "Nigeria's best-kept secret." Few people could grasp the full significance of this eye-opening statement.
Until recently, many were unaware of the vast investment potential that Ekiti holds. However, thanks to Governor Oyebanji’s efforts, the state has been thrust into the spotlight. Through strategic initiatives, infrastructure development, and proactive policies, Ekiti is now positioned as an attractive destination for investors.
In the first quarter of 2024 (January - March), Ekiti was one of only three states that contributed to the country’s capital importation, recording a total of $12,750 in foreign capital inflow. This data, revealed in a National Bureau of Statistics (NBS) report titled "Nigeria Capital Importation Q1 2024," underscores Ekiti’s rising prominence on the investment map.
This new development signifies several positive outcomes for Ekiti. They include:
♻️ *Economic Growth:* The influx of foreign capital will spur economic activities, leading to job creation and improved living standards for the citizens.
♻️ *Increased Visibility:* As more investors turn their attention to Ekiti, the state will gain national and international recognition, further enhancing its attractiveness.
♻️ *Enhanced Infrastructure:* Investments in various sectors will lead to the development of critical infrastructure, benefiting both residents and businesses.
Governor Oyebanji’s administration has laid a solid foundation for a thriving investment climate in Ekiti, and the recent capital importation figures are a testament to these efforts.
This is a clarion call to prospective investors to consider Ekiti as their one-stop investment destination. With its strategic location, supportive government policies, and a growing economy, Ekiti offers a conducive environment for businesses to flourish.
The State is open for business, and the opportunities are boundless. Investors should seize this moment to explore and tap into the immense potential that Ekiti has to offer.
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