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By James Emejo
The Managing Director/ Chief Executive, Nigeria Export Processing Zones Authority (NEPZA), Prof. AdesojiAdesugba has said the federal government is committed to using the Free Trade Zone Scheme (FTZs) to reduce high unemployment in the country.
He added that the establishment of industrial hubs in various strategic locations has the capacity to gradually tackle widespread insecurity.
Adesugba, made the remark when Alhaji Usman Bello Kankara, the District Head of Kerate, Kankara, Katsina State paid him a courtesy in Abuja.
He pointed out that President MuhammedBuhari is quietly but diligently repositioning the country’s economic zones free trade to contribute significantly to both National Domestic Product (NDP) and Gross Domestic Product (GDP).
By Emmanuella Anokam
Abuja, March 6, 2021 Prof. Adesoji Adesugba, the Managing Director of Nigeria Export Processing Zones Authority (NEPZA), has reiterated commitment to creating competitive environment for foreign investors in the country.
Mr Martins Odeh, Head, Corporate Communications, in a statement on Friday in Abuja, said the NEPZA boss said this when he received a Turkish Business Delegation.
The delegation was led by Mr Onur Akgul, Commercial Counsellor from the Turkish Embassy in Abuja.
Adesugba explained that he was part of few investment promoters in Nigeria who paved way for the establishment of the Nigerian/Turkish Investment Council years back.
He said that the Federal Government was committed to using the Authority to create huge business and investment alternatives in the drive towards economic diversification.
AfCFTAThe Nigeria Export Processing Zones Authority (NEPZA) says the Federal Government and the authority will leverage on the African Continental Free Trade Area (AFCTA) to boost the country’s trade competitiveness.
Prof. Adesoji Adesugba, the Managing Director of NEPZA made the remark while guiding the Minister of Trade, Industry and Investment, Otunba Adeniyi Adebayo on an inspection tour of the Kano Free Trade Zone (KFTZ) on Friday, in Kano. x
Adesugba, in a statement by Martins Odeh, Head, Corporate Communications, NEPZA reiterated that the AfCFTA presented the country with an exceptional lifeline to reboot the economy.
He added that there was no better time than now to take advantage of the lofty opportunities provided by the agreement for countries in Africa to seamlessly trade among themselves.
2021-02-21 15:55:54 GMT2021-02-21 23:55:54(Beijing Time) Xinhua English
LAGOS, Feb. 21 (Xinhua) The African Continental Free Trade Area (AfCFTA) presented Nigeria with an exceptional lifeline to reboot the economy, an official with the Nigeria Export Processing Zones Authority (NEPZA) said on Sunday.
In a statement, Adesoji Adesugba, the Managing Director of NEPZA, said the government will leverage the AfCFTA to boost the country s trade competitiveness.
Adesugba had on Friday guided the Minister of Trade, Industry, and Investment, Adeniyi Adebayo on an inspection tour of the Kano Free Trade Zone (KFTZ) in the northwest state of Kano.
He added that there was no better time than now to take advantage of the lofty opportunities provided by the agreement for countries in Africa to seamlessly trade among themselves.