Free Zones Reform: Investors Threaten Divestment     Leading investors in Nigerian Free Trade Zones have threatened to commence divestment from the zones and have called on the board of Nigeria Export Processing Zones Authority(NEPZA) to summon a stakeholders' meeting. A leaked draft report from the Federal Ministry of...

Fed Govt Suspends Issuance Of Licenses For Free Trade Zones         The Federal Government has suspended the issuance of licenses for the operation of Free Trade Zones across the country. Minister of Industry, Trade and Investment, Adeniyi Adebayo, announced the suspension on Monday at the inauguration of...

The Managing Director of Nigeria Export Processing Zones Authority (NEPZA), Hon. Emmanuel Jime, has said the majority of Nigerians, including sister-government agencies, do not understand the concept Free Trade Zones (FTZs), pointing out that only a massive public awareness programme can remedy the situation. Jime,...

The Nigerian National Petroleum Corporation (NNPC) has said about $51 billion investment opportunities exist today in the midstream and downstream gas sector to achieve the growth phase in the Industry in Nigeria. Group Managing Director of the NNPC, Dr. Maikanti Baru, made this disclosure while...