shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » NEPZA Generates N1.8bn In 10 Months

NEPZA Generates N1.8bn In 10 Months

by Joshua
November 27, 2025
in Featured, News

The Nigeria Export Processing Zones Authority (NEPZA) on Wednesday said it generated more than N1.8billion in the first 10 months of the current year for the Federal Government.

Its Managing Director, Dr Olufemi Ogunyemi, made this known at the opening of the 2025 Kano Free Trade Zone Investors and Stakeholders Forum in Kano, which has “Strengthening Partnerships for Efficient Service Delivery in the Free Trade Zone” as its theme.

Ogunyemi, represented by the Head of Kano Free Trade Zone, Mr Richard Bassey, expressed confidence that the forum would produce workable strategies to enhance Free Zone administration in line with international best practices.

He reaffirmed commitment to enhance the country’s Free Trade Zone (FTZ) operations by enforcing regulations and collaborating with other agencies.

The managing director said that the time had come to address operational gaps and administrative bottlenecks hindering smooth operations in the zone.

According to him, the forum provides vital platform for investors, government agencies and other stakeholders to exchange ideas and explore collaborative approaches that will boost production capacity and competitiveness.

He reaffirmed NEPZA’s commitment to aligning with Federal Government’s Renewed Hope Agenda by providing enabling environment and streamlined policy framework that support ease of doing business in the free zones.

Ogunyemi explained that the partnership would ensure seamless operations and help position Nigeria as a preferred investment destination on the continent.

He added that investment inflow into the zones remains substantial, with many operators investing in foreign currency.

The NAFDAC Coordinator for Kano State, Kasim Idris, called for enhanced collaboration and strict adherence to regulatory standards to ensure production of quality and safe products within the Kano Free Trade Zone.

He said that the forum would harmonise procedures to enhance efficiency and strengthen quality of products manufactured for both local consumption and export.

“Ensure products from the zone are safe and wholesome, as any failure reflects negatively on NAFDAC and on Nigeria’s global reputation.

“Any product carrying NAFDAC’s registration number, wherever it goes, speaks for Nigeria. If such a product is substandard, it affects our rating directly or indirectly,” he said.

He warned that substandard products originating from the free trade zone, even when exported, could impact NAFDAC’s international rating.

He noted that the agency had already attained the World Health Organisation’s Maturity Level 3 (ML3) under the global benchmarking tool.

Idris urged manufacturers and investors within the zone to comply with regulatory standards by maintaining good manufacturing practices, engaging qualified personnel and ensuring quality assurance system.


Related Posts

FG Reaffirms Commitment To Maritime Security, Blue Economy

FG Reaffirms Commitment To Maritime Security, Blue Economy

June 6, 2026
Experts Back NCS Digital Initiative To Cut Airport Delays

Experts Back NCS Digital Initiative To Cut Airport Delays

June 6, 2026
Marinakis: Shipping Would Be Better Off Paying A Hormuz Fee

Marinakis: Shipping Would Be Better Off Paying A Hormuz Fee

June 6, 2026
NSML’s Maritime Centre of Excellence Secures Prestigious UK Nautical Institute Certification

NSML’s Maritime Centre of Excellence Secures Prestigious UK Nautical Institute Certification

June 5, 2026

Latest News

FG Reaffirms Commitment To Maritime Security, Blue Economy

FG Reaffirms Commitment To Maritime Security, Blue Economy

June 6, 2026

Experts Back NCS Digital Initiative To Cut Airport Delays

Marinakis: Shipping Would Be Better Off Paying A Hormuz Fee

NSML’s Maritime Centre of Excellence Secures Prestigious UK Nautical Institute Certification

NIMASA, Malta Ship Registry Explore Partnership To Advance Nigeria’s Ship Registry

Dantsoho Advocates Greener, Safer Ports, Says Dockworkers Vital to Global Trade Competitiveness

NIWA Urges Waterways Travelers To Avoid Leaking Boats

Farinto Tasks Maritime Journalists on Industry Revival, Calls for Bold Reporting

CGC Adeniyi Strengthens Global Partnerships at Customs Diplomatic Reception

Rising Costs, Aging Boats Threaten Water Transport Growth, WABOTAN Warns

Vessels Expected At Lagos Ports As At 5th June, 2026

Grimaldi Denies Liability for Customs Duties on Sold Containers, Refutes Reports of 2,500-Unit Sale

kindly like our Facebook page

Health

Ovarian Cancer: Why Nigerian Women Are Dying In Silence
Health

Ovarian Cancer: Why Nigerian Women Are Dying In Silence

May 18, 2026

For some months, Ms Sadijeamin Okobalosheh dismissed the constant heaviness in her lower abdomen as a “spiritual load” or the...

Beware: ‘Agbo’ Can Kill Asthmatics, Inhalers Save Lives — Pulmonologist

WARNING: No Amount Of Sex, Special Diet Can Prevent Prostate Cancer

May 11, 2026
Beware: ‘Agbo’ Can Kill Asthmatics, Inhalers Save Lives — Pulmonologist

Beware: ‘Agbo’ Can Kill Asthmatics, Inhalers Save Lives — Pulmonologist

May 11, 2026
Why Nigerians Must Reduce Excessive Salt Intake – Public Health Expert

Why Nigerians Must Reduce Excessive Salt Intake – Public Health Expert

May 4, 2026
Nigeria, 9 Others Account For 70% Global Hepatitis B deaths —WHO

Nigeria, 9 Others Account For 70% Global Hepatitis B deaths —WHO

May 4, 2026
Your Stool Determines The State Of Your Health

World Liver Day 2026: Low Awareness Threatens Fight Against Liver Disease – Experts

April 27, 2026
Your Stool Determines The State Of Your Health

Your Stool Determines The State Of Your Health

April 27, 2026
WARNING: High-Salt Diet May Speed Memory Decline In Men

WARNING: High-Salt Diet May Speed Memory Decline In Men

April 20, 2026
8% Nigerians Live With Diabetes – Official

8% Nigerians Live With Diabetes – Official

April 20, 2026
SALT USAGE ADVISORY: WHO, NAFDAC Warns Against Excessive Salt Intake, Recommends 1 Teaspoon Of Salt Daily

Some Health Benefits of Tomatoes?

April 13, 2026

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Editorial Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition