• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Friday, December 5, 2025
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
No Result
View All Result
Elanza News
Home News

Afe Babalola displeased over delay in granting free trade zone status to ABUAD

Nathaniel Irobi by Nathaniel Irobi
December 12, 2024
in News
0
Afe Babalola displeased over delay in granting free trade zone status to ABUAD
0
SHARES
10
VIEWS
FacebookTwitterWhatsappEmailTelegram

The founder of the Afe Babalola University Ado-Ekiti, Chief Afe Babalola has expressed displeasure at the Federal Government’s delay in granting a free trade zone status to the university.

Babalola raised the concern when hosting delegates from the China-Nigeria Consortium on Industry and Education at the ABUAD-China Partnership Forum Meeting, on Wednesday in Ado-Ekiti,

He said that the over 132 – Units of ABUAD industrial park, locate in Ado-Ekiti, was enough to turn the story of Nigeria around, if well annexed and utilised.

RelatedPosts

Three Suspected Bandits’ Financiers Nabbed in Sokoto, Stolen Items Recovered

“Direct Government Involvement In Business Will Drive Economic Growth”- Dr. Takang

MOFI Awards: Finance Minister Inaugurates Panel, Charges On Transparency, Meritocracy

Babalola said that China, which was a very poor country some years ago, had suddenly overtaken Nigeria in the scheme of economic matters

The chancellor of ABUAD said that the issuance of the Free Trade Zone certificate would have enabled foreign companies to establish businesses in the park, thereby boosting Nigeria’s economy.

He lamented that such progressive ideas would have been embraced, under the defunct regional government system.

Babalola also reiterating his call for a people-oriented constitution to foster national development.

“In 1999, i traveled to China. At that time, China was a very poor country, but the Chinese people were very wise.

“They created an area, called free trade zone, which allowed countries like the United States and Germany to set up industries there.

” Unknowingly to those countries,, the Chinese, learned from these foreign industries, which eventually contributed to their remarkable global development today.

ALSO READ:  Celebrating Fatherhood on This Special Day

“However, for the past two years, i have applied for the same concept here, but the government has refused to grant us a free trade zone certificate”, he said.

Continuing, he said, ” There is an American company, ready to begin manufacturing cars in my Industrial Park, but the lack of this certificate has stalled their plans.

“If we still had the regional government system that we used to have, we would be more developed than we are today. This is why we need a new constitution.”

In her address, Ms. Wendy Wang, the Secretary-General of the China-Nigeria Consortium on Industry and Education, who spoke through an interpreter, commended Babalola for his visionary achievements in education, engineering, and health.

She described ABUAD as the best institution in Nigeria, highlighting its integration of cutting-edge technologies in its curriculum.

Earlier in her address of welcome, the Vice Chancellor of ABUAD, Prof. Smaranda Olarinde commended Babalola, for allowing the partnership between the consortium and ABUAD .

She described the visit as a replica of the one, earlier made by her and a select ABUAD team, that Babalola sponsored to China on a working tour recently.

Olarinde said that with the partnership, “ABUAD will soon start manufacturing vehicles and robots.”

NAN reports that other highlights of the event, was the presentation of the ‘Chinese Plus Digital Intelligence Education Gold Medal’ to Babalola, in recognition of his commitment to quality and functional education in Nigeria.(NAN)

Previous Post

Wike’s aide refutes land grabbing allegations against FCTA

Next Post

Energy, solid minerals top priority, Tinubu tells German businessmen

Nathaniel Irobi

Nathaniel Irobi

Related Posts

Three Suspected Bandits’ Financiers Nabbed in Sokoto, Stolen Items Recovered

Three Suspected Bandits’ Financiers Nabbed in Sokoto, Stolen Items Recovered

by Nathaniel Irobi
December 5, 2025
0

The police command in Sokoto State has arrested three suspected financiers of banditry and several other individuals linked to motorcycle...

“Direct Government Involvement In Business Will Drive Economic Growth”- Dr. Takang

“Direct Government Involvement In Business Will Drive Economic Growth”- Dr. Takang

by Elanza
December 5, 2025
0

By Mibzar Nixon Jallo, Abuja The Managing Director and Chief Executive Office of the Ministry of Finance Incorporated (MOFI), Dr....

Private sector alone can’t do business in Nigeria, state owned enterprises critical – MOFI

MOFI Awards: Finance Minister Inaugurates Panel, Charges On Transparency, Meritocracy

by Elanza
December 5, 2025
0

By Mibzar Nixon Jallo The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has inaugurated the panel...

Next Post
Energy, solid minerals top priority, Tinubu tells German businessmen

Energy, solid minerals top priority, Tinubu tells German businessmen

WHO reports 7 million COVID-19 deaths in 5 years

WHO reports 7 million COVID-19 deaths in 5 years

Recommended

Dan-Hassan: A Trailblazer in FCT Water, Sanitation

Dan-Hassan: A Trailblazer in FCT Water, Sanitation

5 days ago
NOA moves to boost public support for new tax laws

NOA moves to boost public support for new tax laws

5 days ago

Popular News

  • Gen. Gora Unveils Campaign Office In Jaba LGA  A Head Of 2027 Elections

    Gen. Gora Unveils Campaign Office In Jaba LGA A Head Of 2027 Elections

    0 shares
    Share 0 Tweet 0
  • Police, Council Accused of Backing Illegal Land Deals

    0 shares
    Share 0 Tweet 0
  • DRTS Jabi Officers Hail Yeldu’s Appointment

    0 shares
    Share 0 Tweet 0
  • TSM Publisher Condoles Mayor Igbokwe Over Mother’s Death

    0 shares
    Share 0 Tweet 0
  • The Holy Robe That Covered Evil

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (801)
  • Education (242)
  • Entertainment (326)
  • Health (217)
  • National (2,785)
  • News (9,216)
  • Opinion (360)
  • Politics (1,817)
  • Science (15)
  • Security (411)
  • Sports (525)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform