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    Kapital FM 92.9 The Station that Rocks!

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Jigawa State Seeks NEPZA’s Assistance On FTZ’s Resuscitation

todayAugust 2, 2023 23

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Jigawa State Government has solicited the technical assistance and support of the Nigeria Export Processing Zones Authority, NEPZA. towards revamping its Free Trade Zone before the end of this year.

The Governor of the State, Mallam Umar Namadi made the request when he visited the Managing Director/CEO of NEPZA, Prof Adesoji Adesugba in his office in Abuja.

Mallam Namadi said the Megatari Export Processing Zone which became non functional some years ago due to some challenges when resuscitated would enhance trade and economic development in Jigawa and its environs.

He stated that the State Government had already put in place necessary modalities towards achieving the goal and ensure job creation, poverty reduction and youth empowerment in the State.

The Governor explained that necessary security measures are also being put in place to protect investors and their investment in the Zone.

While expressing his administration ‘s determination on economic development, the Governor advised investors to invest in the State adding that the Government would provide an enabling environment for their businesses to grow.

Responding, the Managing Director/CEO of NEPZA, Prof Adesoji Adesugba expressed the Agency’s readiness to render necessary technical support to the State Government towards bringing back economic and business activities in the Zone.

Prof. Adesugba who emphasized that investing in Free Trade Zones is key to national economic development advised States who are yet to key into the project to do so in the interest of their people.

He also reiterated the commitment of NEPZA towards assisting investors who develop keen interest in Nigeria’s Free Trade Zones to enhance revenue generation and boost the nation’s GDP.

According to him, for Nigeria to overcome its challenges in the area of job creation, poverty reduction, youth empowerment and economic development, attention must be given to investment in Free Trade Zones.

Matthew Ayoola, Edited By Grace Namiji

Written by: Elizabeth David

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