NEPZA Lauds Designation Of 4 Int Airports As Special Economic Zones

9 June 2021 By Mathew Ayoola

The Managing Director of Nigeria Export Processing Zones Authority, NEPZA, Professor Adesoji Adesugba has described the designation of four international airports in the country as Special Economic Zones as a booster to national economic development.

Professor Adesoji Adesugba stated this when the Managing Director of the Federal Airport Authority of Nigeria, FAAN, Captain Rabiu Yadudu visited him in Abuja.

According to the Managing Director of NEPZA, the international airports are Nnamdi Azikwe International Airport, Abuja, Murtala Muhammed International Airport, Lagos, Aminu Kano International Airport, Kano and Port Harcourt International Airport.

While commending President Muhammadu Buhari for the move he said the Special Economic Zones would lead to the creation of over three thousand jobs and inrease Nigeria’s Foreign Direct Investment, FDI.

He explained that NEPZA had also concluded arrangements for the establishment of a Training Institute in Kano as part of measures to further enhance the growth of Economic Zones and improve the capacity of its staff and stakeholders.

Professor Adesoji Adesugba stated that the Training Institute would equally provide necessary services to other African countries on ways of ensuring economic development of the Continent.

The Managing Director of NEPZA further explained that the Authority would partner with African and World Free Zones Associations in realizing the mandate of the Institute.

He promised NEPZA’s technical support to FAAN on the designation of four international airports as Special Economic Zones and solicited the support of other stakeholders in the sector towards repositioning the nation’s economy.

Earlier, the Managing Director of FAAN, Captain Rabiu Yadudu said he was in NEPZA to seek collaboration on the Special Economic Zones project of the Agency.

Captain Yadudu said plans were on ground to also designate more international airports as Special Economic Zones and commended the Managing Director of NEPZA, Professor Adesoji Adesugba for his visionary leadership aimed at repositioning NEPZA as the Hallmark of the nation’s economic development.

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