NEPZA Issues Licence Permit To 39 Zone Operators

By Roland Ekama, Lagos

 

 

The Nigeria Export Processing Zones Authority (NEPZA), said a total of 39 license permits have been issued  to operators since it’s establishment in 1992.

 

 

Acting Managing Director, NEPZA Engineer David Terhemba Nongo disclosed this recently at a programme put together by Association of Maritime Journalists of Nigeria (AMJON), held in Lagos.

 

 

Engineer Nongo said in line with the authority ‘ s mandate  , two of the zones are public owned while 14 at the moment are currently operational.

 

 

According to him , the remaining zones that have been licensed  by the authority are still under various  stages of development.

 

 

He added that a total of $16billion FDI has been attracted into the nation’s economy .

 

 

“From 1992 to April 2017,NEPZA had 34 Free Zones spread across the country and between then and now , the number has risen to 39.

 

 

” And with 39Free Zones ,Industrial parks and well over 400 licensed Free Zones Enterprises (FZEs),NEPZA has attracted over $16billion FDI into the national economy since inception; and contributes a major percentage of FDI that Nigeria attracts.

 

 

He noted that some of the new special economic zones include: Lekki,  Sokoto,Makurdi , Ilorin , Bauchi ,Abakaliki and Benin.

 

 

Furthermore, NEPZA boss explained that the authority has the presidential authorisation to licence  new zones  , pilot industrial parks and special economic zones ,one at each geopolitical zones  in the country.

 

 

The NEPZA boss who was represented by Head of Corporate Communication, Simon Imobo Tsuwan explained that the authority has been able to record N50billion in the last three years , adding that the highest it recorded under past government was N2 billion.

 

 

He affirmed that the Free Zones scheme was envisioned on diversifying the nation’s economy from oil,fast-tracking her industrialisation, stimulating exports oriented business enterprises and manufacturing, strengthening strategic national economic policies.

 

 

“Our vision is to establish industrial zones of the highest quality that meet the needs of investors and ensure a diversified economy”, he added.