NEPZA Calls For Commencement Of Operations In Enugu Free Trade Zone

06 March 2021 by MATHEW AYOOLA

The Managing Director/Chief Executive of the Nigeria Export Processing Zones Authority, NEPZA, Prof. Adesoji Adesugba, has called for seamless commencement of operations in the Enugu Industrial Park Free Trade Zone without further delay.

Prof Adesugba stated this in a tribute to Dr Chris Okereke, Managing Director, Lion Business Park Free Zone Management Company, promoter of the zone, who passed on Tuesday March 2, 2021.

The NEPZA Boss said late Okereke was in the forefront of ensuring the establishment of the zone stating that the late Okereke had used the Business Park Free Zone Management Company to promote and nurture the zone vigorously.

He said the news of Okereke’s demise came to him and management of the Authority as a rude shock, explaining that the country, free trade zone family and the investment community had lost a business prodigy.

The NEPZA CEO, therefore, appealed to all interest groups in the zone to ensure seamless commencement of full operation in the zone, noting that they should see Okereke’s death as a sacrifice to ease off all disputes that had subdued the zone from reaching its potentials.

“This is a zone that should boost the country’s power generation, energy conversion, technologies and manufacturing among others. The Authority is concern over its present state. We must make it work” Adesugba stated

According to him, the Minister of Industry, Trade and Investment, Otumba Adeniyi Adebayo is equally concerned and would want an expeditious settlement of all the differences in order to free up the zone to begin to contribute its quota to the National Gross Product without further delay

In another development, Adesugba said it was about time the country created a healthy competitive environment for foreign investors.

The NEPZA Boss said this while playing host to a Turkish Business Delegation led by Mr Onur Akgul, Commercial Counsellor from the Turkish Embassy in Abuja.

Adesugba explained that he was part of few investment promoters in Nigeria who paved way for the establishment of the Nigerian/Turkish Investment Council years back, pointing out that the Federal Government was committed to using the Authority to create huge business and investment alternatives.
He expressed delight that the Turkish Government was contemplating having an exclusive free trade zone in Nigeria for its investors and companies.

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