The Chief Executive Officer of Lagos Free Zone, Dinesh Rathi, has called on the government at both state and federal levels to support the private sector in creating a port-based ecosystem...
The Chief Executive Officer of Lagos Free Zone, Dinesh Rathi, has called on the government at both state and federal levels to support the private sector in creating a port-based ecosystem that encourages the diversity of businesses around it as this would help advance the economic prosperity of not just Nigeria but the entire West-African region.
He said with Nigeria already signed on to several trade & investment treaties, such as the Africa Growth Opportunity Act, Lagos stands a real chance of becoming the manufacturing hub of Africa. The Secretary-General of the African Shipowners Association, Mrs Funmilayo Folorunsho, who commended stakeholders, including promoters of Lekki Port on the port initiatives, noted that government should intensify efforts in providing the much-needed infrastructure that would enhance the efficiency of the Port.
Executive Director Lotus Bank, Isiaka Lawal-Ajani, identified the lack of a suitable skill set, uncertainty in the business environment, lack of access to financing and inadequate infrastructure as well as forex as some of the problems or challenges facing MSMEs in Lagos.