• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, August 28, 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 Economy/Technology

NEPZA urges varsities to partake in free trade zones scheme

NEPZA

The Matters Press by The Matters Press
February 11, 2023
Reading Time: 2 mins read
0
Transparency group commends NEPZA of its anti-corruption reforms

The Nigeria Export Processing Zones Authority (NEPZA) has urged universities in the country to take part in the free trade zones scheme.

RELATED POSTS

‎TMSG welcomes halt in oil theft on pipelines taking crude to export terminals

‎Group dismisses Obasanjo’s labelling of Tinubu’s administration as inefficient

Tinubu succeeding where Obasanjo failed woefully, says TMSG

Prof. Adesoji Adesugba, the Managing Director/CEO of NEPZA, told newsmen on Friday in Abuja that the move would encourage knowledge-based productive activities in tertiary institutions.

According to Adesugba, plan is on-going to establish a free zone at the University of Abuja, Gwagwalada, and it will make the institution a mining centre in the country.

“We are now talking about the University free zone, education free zone, technology free zone, knowledge free zones; and we are working very closely with the University of Abuja in that regard.

“This is going to be one case that people are going to be very happy with.

“The University of Abuja has applied to be a free zone. It’s going to be the first such education free zone.

“It is 10 minutes to the airport, 20 minutes to the city centre, 11,800 hectares of land with all kinds of mineral resources, free rivers, so it is going to be a mine centre,” Adesugba said.

The NEPZA boss said that the authority would work with the university and the Abuja Chamber of Commerce to bring industries closer to the students.

According to him, it would be a symbiotic relationship as the university would feed the industries, the industries would feed the university and research would be utilised and purpose based.

He said, ”Interns and university students having access to knowledge based productive activities will also come into place; so it is going to be a fantastic thing.

”The best thing about the free zone is that the university lecturers and everybody within that community will have something to do. They will always have something to do.

”There will be warehouses for industries, hotels for conferences; the rivers will provide the terrain good enough for gulf.

”So we are going to have holidays and stuff in the university and it is going to be an amazing city. It’s a city within a city, it’s a dream”.

Adesugba said that the university and the Chamber were pragmatic about the project,“ and NEPZA, being the government agency and regulator, is also very bullish towards realising the project’’.

He said that establishing free trade zones in universities would address incessant strikes affecting tertiary institutions in the country.

“We believe this is the way to go; maybe for once we won’t have strike within that place because we do not allow strikes within the free trade zones.

“We will also ensure there is fairness, people will be appropriately paid, it is not just going to be lecturers asking for pays that the universities can’t afford.

“University of Abuja is going to be the richest in Africa, by the time we finish with this concept we will be excited about it,’’ Adesugba said.

Tags: NEPZA
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Nigeria regains top crude oil production spot in Africa
Energy

‎TMSG welcomes halt in oil theft on pipelines taking crude to export terminals

August 28, 2025
Who is lying, Obasanjo or NAN?
News

‎Group dismisses Obasanjo’s labelling of Tinubu’s administration as inefficient

August 28, 2025
Obasanjo campaigns for AfCFTA
News

Tinubu succeeding where Obasanjo failed woefully, says TMSG

August 28, 2025
Tinubu explains mission as he marks second year in office
Economy/Technology

‎Tinubu in fresh ideas to grassroots-development using 8,809 wards initiative – TMSG ‎

August 9, 2025
Obi, PDP candidate advises Buhari to increase tempo
Economy/Technology

‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎

August 7, 2025
Importers face delays, higher costs on Red Sea woes
Economy/Technology

National Single Window initiative, a major step for efficient cross-border trade – TMSG

August 4, 2025
Next Post
Food shortage: Nigeria bans foreigners from direct purchase of produce from farmers

349m people across 79 countries face acute food insecurity

Print more money or allow old, new notes to float, Council of state tells Buhari

Print more money or allow old, new notes to float, Council of state tells Buhari

Recommended Stories

Nigeria showcases minerals to woo investors

Expert calls for adequate funding to unravel mineral potentials

June 7, 2022
Opposition hatching plan to put democracy on hold

Opposition hatching plan to put democracy on hold

May 18, 2019
Chamber wants to cut production

OPEC, OPEC+ agree on crude oil production cut

June 5, 2023

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

  • ‎TMSG welcomes halt in oil theft on pipelines taking crude to export terminals
  • ‎Group dismisses Obasanjo’s labelling of Tinubu’s administration as inefficient
  • Tinubu succeeding where Obasanjo failed woefully, says TMSG

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