19 February 2021 By Abdullahi jalaluddeen
The Federal Government has awarded a contract to generate twenty five mega watts of power at the Kano free trade zone,geared towards attracting investors for the development of the nation’s economy.
The Minister of Industry, Trade and Investment, Otunba Adeniyi Richard Adebayo stated this when he visited the Kano Free Trade zone at Ungogo Local l Government Area of Kano state.
Otunba Adebayo expplained that the Federal Government was working asidiously in providing infrastructure in the Kano free trade zone, to attract investors and making Nigeria the industrial hub of Africa.
The Minister maintained that with the recent development on the provision of the Twenty five megawatts, many companies have started indicating interest to set up industries at the Kano free trade zone.
He added that discussions were still ongoing between the Ministry and the Bureau of Public Enterprise on issues concerning the concessioning of the Kano and Calabar free trade zones.
Earlier, the Managing Director Nigeria Export Processing Zone Authority, NEPZA Professor Adesoji Adesugba said he would work tirelessly in upgrading the activities of free trade zones Accross the country.
During the visit the Minister who was accompanied by the Minister of State, Ambassador Mariam Yalwaji Katagum and other senior officials inspected some of the factories operating at the premises of the Kano free trade zones.