Saturday, July 13, 2024

Nigeria Nets $27billion In 44 Free Trade Zones Investments

Prof. Adesoji Adesugba, has said, Nigeria’s investments in the 44 free trade zones across the country currently stand at over $27 billion, the Managing Director, Nigeria Export Promotion Zone Authority (NEPZA).

Adesugba,said the investments are expected to further spur economic diversification and job creation for the youths, adding that but for the outbreak of the COVID-19 pandemic, the Dangote Refinery would have commenced operations and opened up the economy quicker and better.

The Committee is to work out modalities on how best to promote investments in the agriculture, mining and tourism sectors with a view to creating employment, and increasing internally-generated revenues for the state in particular and Nigeria in general.

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