JUST IN: AIYEDATIWA APPOINTS BODE SUNMONU, EMMANUEL OMOMOWO TO LEAD OLOKOLA FREE TRADE ZONE REVIEW COMMITTEE

AIYEDATIWA APPOINTS BODE SUNMONU, EMMANUEL OMOMOWO TO LEAD OLOKOLA FREE TRADE ZONE REVIEW COMMITTEE


The Ondo State Government has inaugurated a technical committee to undertake a comprehensive review of the Olokola Free Trade Zone (OKFTZ) project, as part of efforts to address pending legal, administrative, and operational matters surrounding the long-standing economic development initiative.

Governor Lucky Orimisan Aiyedatiwa approved the constitution of the committee on Monday, signaling a renewed push by the state government to reassess the future of the project and determine the most strategic path forward.

According to an official statement released by the Chief Press Secretary to the Governor, Prince Ebenezer Adeniyan, the newly constituted committee will be chaired by Chief Bode Sunmonu, while Mr. Emmanuel Omomowo, Chief Executive Officer of the Ondo State Development and Investment Promotion Agency (ONDIPA), has been appointed as Secretary.

Other members of the committee include Barrister Yinka Orokoto, Mr. Sola Adebisi, Mr. Idowu Ojo, who serves as Permanent Secretary in the Ministry of Finance, and Engr. Femi Akarakiri, Director at ONDIPA.

The state government said the committee has been mandated to carry out an extensive review of all existing legal frameworks, administrative structures, and operational concerns relating to the Olokola Free Trade Zone project.

Part of the committee’s assignment will involve evaluating stakeholder interests connected to the project, verifying land ownership and documentation, addressing community-related concerns, and strengthening inter-state coordination where necessary.

In addition, the committee will examine any outstanding issues affecting the implementation and future viability of the project, while making recommendations that will guide the state government on the next course of action.

The Olokola Free Trade Zone project has long been viewed as a major economic initiative with the potential to attract large-scale industrial investment, boost employment opportunities, and drive economic growth in Ondo State and the wider region.

By setting up the technical committee, the Ondo State Government is expected to gain a clearer framework for resolving lingering concerns and repositioning the project for future development.

The latest move reflects Governor Aiyedatiwa’s broader commitment to strengthening investment opportunities and accelerating economic development initiatives within the state.

Comments

Post a Comment

Popular posts from this blog

JUST IN: CDCFIB OPENS PORTAL FOR PHYSICAL SCREENING, DOCUMENT VERIFICATION FOR RECRUITMENT APPLICANTS

Image
CDCFIB OPENS PORTAL FOR PHYSICAL SCREENING, DOCUMENT VERIFICATION FOR RECRUITMENT APPLICANTS The Civil Defence, Correctional, Fire and Immigration Services Board (CDCFIB) has officially announced the commencement of the next phase of its ongoing 2024/2025 recruitment exercise, calling on shortlisted applicants to prepare for physical screening and document verification. In an official statement released on Saturday by the Secretary of the Board, Maj.-Gen. Abdulmalik Jibril (Rtd.), the agency directed candidates who participated in the Computer-Based Test (CBT) held in November 2025 to check their application status through the official recruitment portal from June 15 to June 20, 2026. According to the Board, applicants are expected to visit the official recruitment website at https://recruitment.cdcfib.gov.ng/⁠� and log in using the application number generated during the initial registration process. Successful candidates who progress to the next stage will be required to upload relev...
Read more

JUST IN: ODIGBO LG BOSS ORDERS IMMEDIATE CLOSURE OF SCHOOLS OVER SECURITY CONCERNS

Image
ODIGBO LG BOSS ORDERS IMMEDIATE CLOSURE OF SCHOOLS OVER SECURITY CONCERNS The Executive Chairman of Odigbo Local Government Area of Ondo State, Otunba (Hon.) Taiwo Adegoroye, has ordered the immediate closure of all public and private schools within the council area following rising security concerns. The directive, announced on Tuesday, is expected to remain in effect until further notice as authorities intensify efforts to strengthen safety measures across the local government. According to a statement issued by the Special Assistant to the Chairman on New Media, Comrade Olatunji Babatunde, the decision was taken as a precautionary measure to safeguard the lives and property of residents, particularly pupils, students, teachers, and other school personnel. Despite the closure order, the chairman clarified that candidates currently participating in national examinations would still be permitted access to their schools strictly for examination purposes. Hon. Adegoroye warned that any s...
Read more

AIYEDATIWA COMMISSIONS 10MVA TRANSFORMER, STUDENT HOSTELS IN ILE-OLUJI, SAYS INFRASTRUCTURE WILL DRIVE ECONOMIC GROWTH

Image
AIYEDATIWA COMMISSIONS 10MVA TRANSFORMER, STUDENT HOSTELS IN ILE-OLUJI, SAYS INFRASTRUCTURE WILL DRIVE ECONOMIC GROWTH Ondo State Governor, Hon. Lucky Orimisan Aiyedatiwa, has commissioned a series of community-funded development projects in Ile-Oluji, headquarters of Ile-Oluji/Okeigbo Local Government Area, describing the initiatives as strategic investments that will stimulate economic growth, create employment opportunities and improve the quality of life for residents. The projects were inaugurated on Thursday as part of activities marking the 10th Coronation Anniversary of the Jegun of Ile-Oluji Kingdom, Oba (Dr.) Oluwole Olufaderin Adetimehin, Jimoko II. Among the projects commissioned were a fully installed 10MVA 33/11KV step-down transformer, two blocks of a proposed 40-room student hostel designed to serve students of the Federal Polytechnic, Ile-Oluji, and a modern farmers’ market. The projects were executed through community-driven efforts aimed at enhancing infrastructure a...
Read more