President Bola Tinubu on Tuesday launched several multi-billion naira economic and infrastructure projects in Ado-Ekiti, using the platform to announce a sweeping overhaul of Nigeria’s financial architecture and issue a stern warning to corrupt officials.
The President, represented by Vice President Kashim Shettima during the one-day working visit to the Ekiti State capital, commissioned key urban infrastructure and performed a groundbreaking ceremony designed to transition the state’s economy toward technology and research.
A major highlight of the state visit was the official commissioning of the new Zonal Directorate Office Complex of the Economic and Financial Crimes Commission (EFCC) along Old Iyin Road.
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Speaking at the facility, Tinubu declared that his administration would pursue its anti-graft campaign without retreat, emphasising that public development becomes impossible when corruption erodes public trust.
The President stated that the war against financial crime requires modern infrastructure rather than mere rhetoric.
READ ALSO: Omokri hails Tinubu after ambassadorial nomination, calls president “Christlike”
He noted that the aggressive tracing and recovery of stolen assets by the anti-graft agency have directly funded critical federal social intervention programmes, including the Student Loan Scheme under NELFUND and the Nigerian Consumer Credit Corporation (CREDICORP).
To demonstrate the agency’s growing institutional capacity, Tinubu cited recent enforcement successes against cyber-enabled financial crimes and illicit financial flows, specifically pointing to the dismantling of a foreign-controlled cryptocurrency syndicate in Lagos.
EFCC Chairman Ola Olukoyede stated that the new Ekiti Zonal Directorate would eliminate long-standing operational challenges by decentralizing investigations and prosecutions across both Ekiti and Ondo States.
Governor Biodun Oyebanji added that the state government actively supported the project by providing the office accommodation and a 220KVA standby generator to foster inter-governmental collaboration.
Shettima also performed the groundbreaking ceremony for the Ekiti Knowledge Zone (EKZ), an ambitious project backed by the African Development Bank (AfDB) aimed at driving long-term industrialization, technology, and entrepreneurship.
The presidency lauded Ekiti State as a national symbol of intellectual achievement, noting that the country’s long-term prosperity must shift away from a dependency on mineral wealth and focus on human capital and homegrown innovation to reverse the national brain drain.
Oyebanji described the zone as a strategic platform that would seal the state’s position as a primary choice for international and domestic research investments.
The delegation further inaugurated the newly completed 1.2-kilometer Okeyinmi Flyover in Ado-Ekiti, which has been officially named the Asiwaju Bola Ahmed Tinubu Flyover.
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The infrastructure milestone was constructed to permanently ease traffic congestion within the capital city.Shettima pointed out that the project was funded entirely through state resources without commercial borrowing.
He attributed this fiscal liquidity to Tinubu’s restructuring of the national financial architecture following the removal of the fuel subsidy, which has significantly boosted the monthly statutory allocations entering state coffers.
With the Ekiti State gubernatorial election scheduled for June 20, 2026, Shettima used the infrastructure commissioning to strongly advocate for Oyebanji’s re-election.
READ ALSO: Tinubu signs law to revolutionize Nigeria’s insurance sector
He expressed gratitude to Ekiti voters for delivering 67 percent of their total votes to the APC during the previous presidential election cycle and announced plans to return to the state next week to actively mobilize grassroots support for the governor’s continuation in office.
The high-profile events were attended by prominent dignitaries, including Ondo State Governor Lucky Ayedatiwa, Chief of Defence Staff General Olufemi Oluyede, Senate Leader, Opeyemi Bamidele, and the Chief Judge of Ekiti State, Justice Lekan Ogunmoye, alongside traditional rulers and lawmakers.
