Investors in Nigeria’s Free Zones sector have proffered ways to strengthen the Nigerian Export Processing Zones Authority (NEPZA) and the Oil and Gas Free Zones Authority (OGFZA) for better performance.
and the Oil and Gas Free Zones Authority for better performance.
Besides, they urged the government to sustain the policy actions already taken by the Minister of Industry, Trade and Investment, Adeniyi Adebayo, and the Minister of State in the Ministry, Mariam Katagum, to sanitise the sector and create a level playing field for all operators. “The new dawn in the nation’s free zones industry should enjoy the support of all operators who despaired over the confusion and unnecessary bickering of the past,” Mr Jideofo-Ogbuagu said.The chief executive of Eko Support Services Free Zone, Seni Edu, said the various actions needed to reposition the sector were long overdue and urged players in the sector to cooperate with the ministry to achieve the right outcome.
He said he expects the ongoing reform programme to strengthen investor confidence in the nation’s free zones industry.The extant Acts establishing both NEPZA and OGFZA have not been reviewed for more than two decades.
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