One could recount several economic policies of the Federal Government that clearly show that it is no longer comfortable with the over reliance on the downstream sector as key economic indicators are pointers to how the development continues to unsettle…
The new Managing Director of the Nigeria Export Process Zones Authority, NEPZA, Prof. AdesojiAdesugba on Wednesday resumed work with a charge on staff to improve on their work ethics with a view to optimizing the contribution of the Authority to…
Adeniyi Adebayo, the Ministry of Industry Trade and Investment has charged the newly appointed Managing director of Nigeria Export Processing Zones Authority Prof. Adesoji Adesugba to focus on achieving federal government’s target of accelerated development in economic zones across the…
Wednesday, 08 July 2020 12:49

Prof Adesugba emerges new NEPZA MD

President Muhammadu Buhari has approved the appointment of Professor AdesojiAdesugba as the new Managing Director of Nigeria Export Processing Zones Authority (NEPZA), a parastatal under the Federal Ministry of Industry, Trade and Investment. The President’s approval was given in a…
The Managing Director of Nigeria Export Processing Zones Authority (NEPZA), Prof Adesoji Adesugba has warned officials of the agency against violations of  financial regulations and inappropriate financial dealings.   Speaking while briefing the audit personnel of the agency, the Managing…
 The Nigeria Export Processing Zones Authority, NEPZA in a bid to spike influx of both local and International investors to the 41 Free Trade Zones strategically located in the Country had sought partnership of the Nigeria Investment Promotion Commission, NIPC…
  The keynote address by the Managing Director (Ag) of Nigeria Export Processing Zones Authority (NEPZA) at the one-day capacity building programme organised by the Commerce & Industry Correspondents Association of Nigeria (CICAN) on 10th may, 2019 at Freshland hotel,…
Thursday, 12 September 2019 11:20

Why Kano Fz Must Work Optimally

Engr. Terhemba Nongo,is the Managing Director of Nigeria Export Processing Zones Authority (NEPZA). The Alumnus of the University of Nigeria has over 35 years Post-graduate experience in the design, construction and maintenance of engineering infrastructure, in general; and over 20…
Tuesday, 12 September 2017 15:54

FG Approves Concession of Lagos, Abuja Airports

The Federal Executive Council (FEC) has approved the concession of the Murtala Muhammed International Airport and Nnamdi Azikiwe International Airport, Vice-President Yemi Osinbajo disclosed yesterday.   The vice-president made this disclosure at the quarterly parley of the government and private…
The Nigeria Customs Service and the Nigeria Export Processing Zones Authority (NEPZA) have set up a technical committee to harmonise their operations at Free Trade Zones across the country. The committee was set up yesterday in Abuja by the two…
The President of Manufacturers Association of Nigeria, MAN, Dr. Frank Udemba Jacobs, has described the LADOL Free Zone as a haven for investment and job creation. Speaking during a facility visit to the company, he commended the company for its…
Tuesday, 15 August 2017 11:08

Total’s Egina FPSO reaches 98%

The construction of Total Exploration and Production Nigeria Limited’s $3.3 billion Egina floating production, storage and offloading, FPSO, vessel has reached 98 per cent, thus raising hope for the completion of $16 billion Egina project. Investigations, weekend, showed that many…
The United States Trade Development Agency (USTDA) has provided $797,343 initial funding for the take-off of Eko Petrochemical and Refining Company Limited. USTDA representatives led by its acting Director, Thomas R. Hardy and the owners of the $250million Eko Petrochemical…
The Minister of Industry, Trade and Investment, Mr. Okechukwu Enelamah, has frowned at the unnecessary bureaucracy and bottlenecks enthroned by the Nigerian Customs Service (NCS) in dealing with investors at the Calabar Free Trade Zone (CFTZ). The minister, who was in…
Despite all the hype, the Tolaram Group, an international private consortium and promoters of the Lagos Free Trade Zone (LFTZ), has said that even as more investors are indicating interest in the massive developmental project, only four industries have commenced…
Wednesday, 02 August 2017 10:46

Lagos Logistics Base Set for Expansion

Facing an uphill battle, the privately–owned West African free zone and logistics hub Lagos Deep Offshore Logistics Base (Ladol) has been rapidly expanding over the past 15 years and has established itself as an important logistics base for international oil…
The Dangote Petrochemical Complex has been described as a strategic project that keys into the 7 Big Wins reforms of the Petroleum sector, of the Federal Government. This is particularly in the area of gas revolution and refinery and local…
Tolaram Group, promoter of Lagos Free Trade Zone and Lekki Deep Seaport projects, has extended its hunt for fresh foreign direct investment (FDI) into the multi-billion projects in the Ibeju-Lekki axis of Lagos State, to companies in Singapore. The infrastructural…