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

Home » NEPZA, NIPC Partner On Investments’ In New Special Economic Zones

NEPZA, NIPC Partner On Investments’ In New Special Economic Zones

by Joshua
September 2, 2021
in News

The Nigeria Export Processing Zones Authority (NEPZA) and Nigerian Investment Promotion Commission (NIPC) are partnering on the migration of investments to new Special Economic Zones (SEZs).

Adesoji-Adesugba-NEPZA

The three new zones are in Lagos, Kwara and Katsina for medical, agro-allied and cotton clusters.

Prof. Adesoji Adesugba, NEPZA’s Managing Director, and his counterpart Ms Yewande Sadiku, NIPC’s Executive Secretary, agreed on this partnership during a meeting in Abuja.

NEPZA’s Head of Corporate Communications, Mr Martins Odeh, made this known in a statement on Wednesday in Abuja.

The Federal Government approved six SEZs to be evenly sited in the six geo-political zones, but earmarked these three for development in 2021 fiscal year while the rest three were deferred to 2022.

Adesugba explained that efforts were underway to use the zones to stimulate genuine economic activities nationwide.

He added that a synergy with NIPC would help to migrate desired local and international investments to these zones.

The NEPZA Chief Executive Officer said that the three new zones would boost production linkages required for economic growth.

Read Also:  Ember Months: Lagos Issues Safety Cautions To Ferry Operators

Adesugba added that the partnership would spur international investors interest on the medical free zone to be sited in Lekki as well as reduce capital flight through medical tourism by Nigerians abroad.

“We are also hopeful that the Medical Free Trade Zone will be a convergence of world-class hospitals, pharmaceutical companies, aged homes, hotels and medical based research institutes.

“This enclave when operational will retard the migration of medical professionals abroad,” he said.

Sadiku on her part, expressed satisfaction in the way the NEPZA boss had promoted the special economic zones model across the country.

The NIPC boss said that the commission was prepared to partner with NEPZA to accelerate economic development,.

She added that the three new SEZs would be used as pilot scheme for more investment drive.

shippingposition

Kindly like us on Facebook


Tags: NEPZANIPC

Related Posts

We’ll Focus On Decongesting Ports- Customs Boss

Era Of Accidental Shooting In Customs Over – CGC Adeniyi  

September 22, 2023
Customs, Arms Centre Join Forces to Combat Small Arms Proliferation

Navy Hands Over 14 Crew Members, Fishing Trawler To FG

September 22, 2023
Ex-NIMASA DG Harps On Career Development As NLNG Employs 6,000 Seafarers

Ex-NIMASA DG Harps On Career Development As NLNG Employs 6,000 Seafarers

September 22, 2023
Navy Urges Nigeria To Harness Benefits Of Ocean For Economic Development

Ogun Customs Intercepts Illegal Goods Worths N6.6b In 17 Months

September 22, 2023

Discussion about this post

Latest News

We’ll Focus On Decongesting Ports- Customs Boss

Era Of Accidental Shooting In Customs Over – CGC Adeniyi  

September 22, 2023

Navy Hands Over 14 Crew Members, Fishing Trawler To FG

Ex-NIMASA DG Harps On Career Development As NLNG Employs 6,000 Seafarers

Ogun Customs Intercepts Illegal Goods Worths N6.6b In 17 Months

National Quality Policy will unlock benefits of AfCFTA to Nigeria – NQC

NIMASA To Invest In Research, Development For Blue Economy

NPA Capable To Address Marine Environment Pollution – Official

Vessels Expected At Lagos Ports As At 21st September, 2023

ANLCA BoT Election Holds November As Customs Revives Comptroller General Annual Conference 

Nigeria Customs Joins Forces with UN-Habitat to Combat Smuggling

Ships Ready To Export Ukrainian Grain But Russian SWIFT Access, Insurance Remain Issues

Vessels Expected At Lagos Ports As At 20th September, 2023

kindly like our Facebook page

Health

One Out Of 3 Adults Is Hypertensive – Cardiologist
Health

One Out Of 3 Adults Is Hypertensive – Cardiologist

September 18, 2023

A Consultant Cardiologist, Prof. Simon Isezuo, says hypertension is a health disorder affecting one out of every three adults in...

NAFDAC Procures 40 Detection Devices To Curb Importation Of Bad Medicine, Says D-G

YOU ARE WARNED: Certificate To Varsity To Produce Herbal Capsule For Diabetes Has Expired

September 13, 2023
YOU ARE WARNED: Certificate To Varsity To Produce Herbal Capsule For Diabetes Has Expired

YOU ARE WARNED: Certificate To Varsity To Produce Herbal Capsule For Diabetes Has Expired

September 4, 2023
Some Potentially Poisonous Foods Nigerians Love To Eat

Some Potentially Poisonous Foods Nigerians Love To Eat

September 4, 2023
Some Health Benefits Of Scent Leaf You Should Know

Some Health Benefits Of Scent Leaf You Should Know

September 4, 2023
BREAKTHROUGH: NAFDAC Approves Varsity’s Herbal Medicine For Diabetes

BREAKTHROUGH: NAFDAC Approves Varsity’s Herbal Medicine For Diabetes

August 31, 2023
Health Benefits Of Corn

Health Benefits Of Corn

August 31, 2023
HEALTH FACTS: Walking is nearly as healthy as running

HEALTH FACTS: Walking is nearly as healthy as running

August 31, 2023
ARTIFICIALLY- RIPENED FRUITS: NAFDAC Warns Against Consumption Of Carbide-Ripened Fruits 

ARTIFICIALLY- RIPENED FRUITS: NAFDAC Warns Against Consumption Of Carbide-Ripened Fruits 

August 22, 2023
Alligator Pepper: Benefits, FAQ, Side Effects, & Warning

Alligator Pepper: Benefits, FAQ, Side Effects, & Warning

August 22, 2023

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy 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