• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Wednesday, June 4, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home News

Friendly business climate of Nigeria’s Free Trade Zones excites association

NEPZA

The Matters Press by The Matters Press
February 5, 2022
Reading Time: 2 mins read
0
Transparency group commends NEPZA of its anti-corruption reforms

The Nigeria Economic Zones Association (NEZ Association) says it is basking in the friendly business climate built around the country’s Free Trades Zones by President Muhammadu Buhari.

RELATED POSTS

PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF

Cracking the Code with Africa’s Creators: Woof Studios Makes History at Cannes Lions 2025 CANNES,

IMPI urges media to consider national interest in reporting security challenges

Chief Oluwatoyin Elegbede, Executive Director of the association, made the remark after conducting routine visits to some of the zones in the country.

A statement issued on Friday in Abuja by Miss Chidinma Udeogu, Corporate Service Manager of NEZ Association, quoted Elegbede as commending the Nigeria Export Processing Zones Authority (NEPZA) for turning around the free trade zones.

Elegbede expressed happiness that NEPZA management led by Prof. Adesoji Adesugba was carrying out drastic turn-around of the special economic enclaves as directed by the president.

“We have watched with keen interest the management of the Free Zones in Nigeria by the Prof. Adesoji Adesugba administration at the NEPZA, made possible by President Muhammadu Buhari.

“We wish to commend Prof. Adesugba and his team for the recent spate of project development in the public zones and the renewed vigour in promoting investments into the zone by the authority.

“Of particular mention is the recent dispute resolution bringing to an end years of business war between two of our prominent members LADOL and Samsung.

“Adesugba in carrying out the directive of the president to end the five years squabble, swung into action to ensure amicable settlement of the dispute.

“That would unlock over 300 billion US Dollars investment value in the long term and about 7 billion US Dollars in the short term in our country,” Elegbede said.

He said that the end of the dispute would also re-ignite employment generation and economic development as promised by the president.

“We, therefore, will like to use this opportunity to specially thank the president for directing all the relevant agencies to find a solution to the disputes.

“Also, worthy of note are the Chief of Staff to the President, the Minister of Industry Trade and Investment, Otunba Niyi Adebayo; the Minister of Transportation, Rotimi Amaechi, and the Attorney-General of the Federation, Abubakar Malami.

“Others are Mr Bello Koko, Acting Managing Director, Nigerian Ports Authority; the Nigerian Ambassador to South Korea, as well as that of South Korea to Nigeria, for their immense contributions that ended the dispute,” he said.

Elegbede, however, said that the association was not surprised on the quick inroads made by the NEPZA chief executive in marshaling out the template that finally brought the dispute to an end.

“Adesugba only displayed his experience as a former Chairman of the Nigerian Parastatal Industrial Arbitration Panel and as a Fellow of the Institute of Chartered Mediation and Conciliation,’’ he added.

Tags: NEPZA
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Energy

PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF

June 4, 2025
News

Cracking the Code with Africa’s Creators: Woof Studios Makes History at Cannes Lions 2025 CANNES,

June 3, 2025
Economic implications of Niger coup to Nigeria, ECOWAS
Economy/Technology

IMPI urges media to consider national interest in reporting security challenges

June 3, 2025
Tinubu steering Nigeria away from Venezuela-like tragedy – IMPI
News

Malami’s opposition to Tinubu’s endorsement self-indicting – TDF

June 3, 2025
President Tinubu outlines new economic, monetary, foreign policies
Economy/Technology

CUPP goofs over President Tinubu’s 2027 endorsement by governors

June 2, 2025
Senate probes $3.5b with NNPC
Economy/Technology

Senate’s stance on Nigeria’s Legislature-Executive Relationship, thrilling

May 30, 2025
Next Post
BPE to implement 42 transactions in 2022 work plan

BPE to implement 42 transactions in 2022 work plan

Senate probes $3.5b with NNPC

Senate clears BPE of financial impropriety

Recommended Stories

Chinese smartphone maker, OPPO teams with Tesla on digital car key

Mobile phone subscription grows by 23m – NCC

January 3, 2023
Trading in Nigerian stock market dips further N83bn

Stock market maintains bullish trend with 2.03% growth

August 26, 2022
CBN reports drastic decrease in rice import

CBN reports drastic decrease in rice import

November 7, 2018

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF
  • FCT ground rent!: Check your name if you own property
  • Cracking the Code with Africa’s Creators: Woof Studios Makes History at Cannes Lions 2025 CANNES,

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us