President Bola Tinubu has approved the creation of the Ajaokuta Free Trade Zone, a strategic initiative aimed at boosting industrialization and attracting investment to Kogi State.
Following the presidential approval, Governor Ahmed Usman Ododo embarked on an investor outreach campaign, highlighting the state’s strategic location, rich resources, and business-friendly policies. He assured potential investors of adequate infrastructure, security, and incentives to support industrial growth.
Economists say the Free Trade Zone could revitalize manufacturing, create jobs, and strengthen the country’s non-oil revenue base if effectively managed. The initiative aligns with the federal government’s broader push for economic diversification and regional industrial development.
