The Governor of Ekiti State, Kayode Fayemi has approved the order to reduce the exorbitant charges related to laying broadband in Ekiti.
The Governor announced on Thursday, May 14 that the decision was one necessary to improve indices that will make Ekiti an attraction for investors. Also Read: Ministry Receives 50 Bicycles to Aid Mobility of Health Workers
Fayemi wrote, ‘ Today, I signed an Executive Order reducing the Right of Way charges related to laying broadband or any other telecommunications infrastructures from N4,500 to N145 per meter.
‘Ekiti is the first state in Nigeria to comply with the NEC approved Right of Way charges for broadband thus becoming the cheapest state for broadband infrastructure investment as 1km of cable will now cost just N145,000 as against N4.5m previously.
‘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.
‘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.’ JKF