FG Intensifies Efforts to Speed Up Industrialisation – NEPZA
The Managing Director of the Nigeria Export Processing Zones Authority (NEPZA) Prof. Adesoji Adesugba, says that Calabar, Kano Free Trade Zones remains best economic approach for the Federal Government to accelerate Nigeria’s industrialization.
Adesugba, also Chief Executive Officer of NEPZA, made the remark during road-show for the concession of the two zones via webinar in Lagos.
The event was organized by the National Council on Privatisation through its secretariat, Bureau of Public Enterprises (BPE), in conjunction with both the Ministry of Industry, Trade & Investment and NEPZA to further attract investors and their sundry partners to take up the ownership of the zones.
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Adesugba says, the planned handshake with the would-be concessionaires would positively impact on the operation of the 30-years-old public facilities for global competition.
“The two zones are highly viable because of many reasons including their vital locations, easy access to raw materials, seaports, airports, outside infrastructure, labour and importantly the boisterous nature of the two commercial cities.
“The Authority is, therefore, available to support and assist the new owners to speedily surmount challenges that may come with taking up the management of this kind of business”.
Mr Mu’azu Hadi Ruma, director of zones, who read the managing director’s goodwill message, emphasized Evolution of the Free Zone Scheme; Objectives; Zones that are regulated by NEPZA; Free Zones Scorecards; Incentives; Conducive Business Environment; and Partners of NEPZA, among others.