Ekiti State Governor, Kayode Fayemi has signed a memorandum of Understanding (MoU) with the O’odua Infraco Resources Limited to get a 606-km broadband infrastructure across the State.
The development came barely every week after the Governor signed an executive order reducing the Right of Way charges from N4, 500 to N145 per meter.
Fayemi, who led the state government’s team at the MoU signing at the Governor’s Office, Ado-Ekiti, according to Guardian’s account, explained that the move was in line together with his administration’s commitment to the promotion of the knowledge economy, which is one in all the five pillars of his government’s development plan.
The Governor, who explained that the reduction within the cost of laying fibre within the State has already generated healthy competition within the ICT sector, stressed that the project would open up significant opportunities, attract new businesses and enhance quality healthcare service delivery yet as digital education.
He said the initiative wouldn’t only turn Ekiti into a digital hub but a destination of choice for domestic and international technology companies.
Speaking further, Fayemi said a Digital Infrastructure Committee, made of various relevant government institutions critical to the implementation of the project, would coordinate the broadband policy.