Ekiti State Recruits 8,358 Workers, Generates N88.4bn IGR in Four Years
Ekiti State Governor Biodun Oyebanji announced the employment of 8,358 workers in the last four years.
In Brief
- •Ekiti State Governor Biodun Oyebanji announced the employment of 8,358 workers in the last four years.
- •The state generated N88.4 billion as Internally Generated Revenue (IGR) in the same period.
- •Ekiti's GDP grew from N2.4 trillion in 2019 to N4.6 trillion in 2023, a 90% increase.
- •The state's contribution to the national GDP increased from 1.3% to 1.6%.
- •Trade and agriculture contribute 60% to Ekiti's economy.
Why It Matters
The employment of 8,358 workers and the generation of N88.4 billion in IGR highlight the economic growth and development initiatives of Ekiti State under Governor Biodun Oyebanji. The state's GDP growth and increased contribution to the national GDP indicate a strong economic trajectory. The focus on trade and agriculture underscores the state's economic diversification and potential for further growth.
Key Details
- Workers Employed
- 8,358
- IGR Generated
- N88.4 billion
- GDP Growth
- 90% (from N2.4 trillion to N4.6 trillion)
- National GDP Contribution
- 1.6%
- Trade Contribution to GDP
- 37%
- Agriculture Contribution to GDP
- 23%
Context & Background
Ekiti State has seen significant economic growth and development under Governor Biodun Oyebanji's administration. The state has focused on institutional re-organisation, digital transformation of tax administration, and improving the business environment to drive economic growth.
Original Reporting & Sources
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