Connect with us
Padiwise Banner

Breaking News

FG Grants Operational License To Delta Free Trade Zone

Published

on

FG Grants Operational License To Delta Free Trade Zone

The federal government on Wednesday presented an operational license to the Delta State Government to commence operations at the Delta Special Economic Zone (DSEZ).

The federal government on Wednesday presented an operational license to the Delta State Government to commence operations at the Delta Special Economic Zone (DSEZ).

The managing director of the Nigeria Export Processing Zones Authority (NEPZA), Prof. Adesoji Adesugba, who presented the license to the governor of Delta State, Ifeanyi Okowa, in Abuja, said the increase in special economic zones in the country is an indication that the economy is on the path of growth

He noted that many states are taking advantage of the special economic zones to boost gross domestic product.

“We have free zones scheme in Togo, Gabon, Ghana and all is now geared towards Nigeria, especially with the coming of Africa Continental Free Trade Area Agreement (AfCFTA).

“Most importantly, states are now developing SEZs to drive growth. We have about 22$bn free zones investment in Lagos and we can replicate that in other states, of which Delta is already positioned for that,” Adesugba noted.

He added that NEPZA will give all the support and rally government to support and rally the private sector to ensure the smooth take-off of the zone.

Similarly, the minister of Industry, Trade and Investment, Otunba Niyi Adebayo, who was represented by the Director Trade, Suleiman Audu, reiterated the commitment of the ministry to support more states in establishing their special economic zones.

In his response, Governor Ifeanyi Okowa said Delta State with its numerous advantages of being an oil and gas producing state as well as an agricultural hub, the government will ensure that the zone operated at its full capacity.

“The zone must work, and we have put up a seasoned team because we are in a hurry to get it working and because we have a great advantage as we produce a lot of oil and gas and also produce agricultural products too and I believe we are set for Nigeria and the world,” he said.

Okowa added that with two functional airports in Asaba and Warri, the state is ready for the partnership to ensure the provision of a competitive environment in developing human capital and boosting economic growth.

Disclaimer:  We sell any type of script/themes/plugins, we also offer web design/developement, graphics design, SEO, Social media followers, VTU Platform and more. visit our contact page to get in touch with us or WhatsApp (+234) 08114313795. data
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Entertainment

Entertainment6 months ago

John Okafor Mr. Ibu Biography: Net Worth, Family, Movies And More

John Okafor Mr. Ibu Biography & Net Worth ( Fully Updated ) John Okafor is more commonly known as Mr....

Entertainment6 months ago

Brely Evans Biography: Husband, Books, Age, Career

Brely Evans, who was born on December 9, 1972, in Oakland, California, and raised in Milwaukee, Wisconsin, is a multi-talented...

Entertainment6 months ago

Meet Gbadebo Rhodes Vivour, The Labour Party Governorship Candidate In Lagos State 

Gbadebo Rhodes Vivour profile Gbadebo Chinedu Rhodes-Vivour, popularly known as GRV, is a Nigerian architect, activist, and politician born on...

Entertainment6 months ago

Yinka Okeleye Biography: Age, State Of Origin, Education, Wife, Songs, Girlfriend

Adeyinka Okeleye is a talented Gospel singer and worship leader from Ogun State, Nigeria. He currently serves as the Music...

Entertainment6 months ago

Sunmisola Agbebi Biography: Age, Songs, Family, Boyfriend, Net worth, Education

Sunmisola Elizabeth Agbebi is a talented Nigerian gospel singer with a distinct and energetic style. She is 24 years old...

Entertainment6 months ago

Meet Beatrice Itubo, The LP Governorship Candidate In Rivers State

Beatrice Itubo, the Labour Party gubernatorial candidate for the 2023 governorship election in Rivers State was born on Sunday, June...

Entertainment6 months ago

Meet Somachi Chris Asoluka , The New CEO Of Tony Elumelu Foundation

Somachi Chris Asoluka was announced as the new Chief Executive Officer of Tony Elumelu Foundation on January 9, 2023. She...

Entertainment6 months ago

Tasha Cobbs Leonard Christmas Family Photos With Husband And Children

It’s December 26 and everyone especially married people is sharing their beautiful family photos with matching pajamas . Well, famous...

Entertainment6 months ago

10 THINGS YOU SHOULD KNOW ABOUT DEBORAH PAUL ENENCHE

Deborah Paul Enenche was born on 28 of March 1995 2. She is a Nigerian top-rated gospel singer and first...

Entertainment6 months ago

Lillian Mutambo Biography: Age, Investment , Marriage And More

Lillian Mutambo is a 39 year -old Zambian social worker and youtuber based in the United Kingdom. Music Career Lily...