The Ekiti State Government has paid out N1.45 billion as compensation to 195 landowners in Ijan, Awo, and Araromi communities. This payout is part of the state’s plan to establish the Ekiti Knowledge Zone, a landmark tech and industrial hub in Nigeria’s southwest.
Speaking at the cheque presentation ceremony, Governor Biodun Abayomi Oyebanji emphasized the inclusive nature of the project. “We compensate families today so no community is left behind in Ekiti’s growth,” he stated, reinforcing his administration’s commitment to shared prosperity and responsible governance.
The Ekiti Knowledge Zone is a flagship development covering over 20 square kilometers. It is set to attract tech companies, agritech ventures, educational institutions, and light industries. The zone is expected to create over 14,000 direct and indirect jobs, contributing significantly to the state’s employment rate and boosting local economic development.
Supported by the African Development Bank, the project fits into Ekiti’s digital economy master plan. The plan aims to make the state a top destination for innovation, ICT investment, and skills development, further positioning Ekiti as a knowledge-based economy.
Real estate development, agribusiness, and technology investment are some of the high-value sectors expected to benefit from the zone. With improved infrastructure and policy support, the area is predicted to attract both local and international investors, increasing the state’s internal revenue and expanding job creation opportunities.
The government’s transparent compensation process stands out in a country where land disputes often derail public projects. The Ministry of Physical Planning and Urban Development revealed that payments were made only after proper valuation and community consultations. Each beneficiary was verified before funds were disbursed, ensuring accountability.
“This is how development should happen,” said one community leader, applauding the state’s attention to justice and proper engagement.
Governor Oyebanji added, “Ekiti must grow, but no one must feel left behind. Not our elders, not our farmers, not our women, and not our landowners.”
The initiative has earned praise from civil society groups and planning experts, who say the government’s approach reflects ethical development practices and could become a model for other states looking to balance progress with people-centered policies.