THUR, MAY 14 2020-theG&BJournal-Ekiti State Governor Dr John Kayode Fayemi, has crashed Right of Way charges related to the laying of broadband or any other telecommunications infrastructure in Ekiti State down to just N145 per meter from N4,500 through an signed an Executive Order.
The state becomes the first in Nigeria to comply with the National Economic Council (NEC) approved Right of Way charges for broadband. The move also makes the State the cheapest state for broadband infrastructure investment as 1km of cable will now cost just N145.
This Executive Order is part of the ongoing reforms by the ‘’Ease of Doing Business project’’ inaugurated by the Governor last year to improve indices that will make Ekiti State an attractive destination for national and international investments in 5 years.
According to the Special Adviser Investment, Trade and Innovations, Mr Akin Oyebode, this decision will ensure Ekiti achieves full broadband penetration by 2021 to attract new businesses, create jobs, improve access to quality healthcare and digital education while improving internally generated revenue. It is also aligned with the ongoing development of the Ekiti Knowledge Zone, designed to be Nigeria’s first service based innovation park.
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