By Franca Ofili
The Nigeria Export Processing Zones Authority (NEPZA) says the four trade zones recently established in the country will attract 15 billion dollars worth of Foreign Direct Investment (FDI) into the nation’s economy.
Mr Emmanuel Jime, Managing Director of NEPZA made this known in Abuja on Thursday during a courtesy visit to his office by Commerce and Industry Correspondents Association of Nigeria (CICAN).
Jime, who went down memory lane on the activities of NEPZA since inception, said only 15 out of the 39 trade zones in the country are currently operational while application for the establishments of additional zones to boost the economy of the country are undergoing various processes.
“”NEPZA has so far licensed 39 free trade zones spread across the country. Of the 39 free trade zones, I regrettably inform that only 15 are truly up and running.
“”The rest are at various stages of construction and…
Source: News Agency of Nigeria
