x

SOSG Grants NEPZA 503.8 Hectares For SEZ

By Muhammad Goronyo, Sokoto

Sokoto state government has granted the Nigeria Export Processing Zone Authority (NEPZA), a parastatal under the federal Ministry of Trade and Investment, 503.8 hectares in Sokoto to establish the Special Economic Zone (SEZ) in the state.

Governor Aminu Waziri Tambuwal made the award Wednesday in Abuja when he met with the Management of NEPZA, led by Prof. Adesoji Adesugba, the Managing Director of the Authority, in Abuja.

This was contained in a release by the Governor’s Special Adviser on Media and Publicity, Muhammad Bello.

According to Gov. Tambuwal, Sokoto state is desirous of partnering NEPZA in any area of mutual benefit, especially as the state would be a critical stakeholders in the management of the SEZ.

He, therefore, appealed to the Authority to give special consideration to the state in the management of the zone.

As a result he suggested that the Sokoto Investment Company Limited (SICL) and indigenous businessmen should be part of the arrangements in operating the zone under a private-public partnership.

Subsequently, it is expected that soon the state government and the authority will inaugurate a technical committee comprising of its respective officials to fast track their mutual engagement.

The SEZ is designed by the federal government to attract Foreign Direct Investment (FDI), enhance trade and industrialization as well as generate employment.

The zone is also intended to encourage technology transfer, contribute to national economic growth and development; and encourage patronage of local raw materials.

In his remarks, Prof. Adesoji who extolled the economic acumen of Gov. Tambuwal, said he was impressed with the recent rating of the state as second best in the ease of doing business by the Presidential Enabling Business Environment Council (PEBEC).

Attributing this to the leadership qualities of the governor, who he said has provided many infrastructure in the state, Prof. Adesoji thanked the state government for timely provision of land for the Zone, pledging to
hit the ground running.

He said NEPZA will soon be in Sokoto for the ground breaking ceremony of the SEZ.

The state government team at the function include the state Commissioners for Land and Housing as well as Commerce, Hon. Aminu Bala Bodinga and Hon. Bashir Gidado Jegawa respectively.

Also at the occasion were the Managing Director of the SICL, Hon. Muhammad Buhari Dasuki and Alhaji Mukhtar Maigona, Zannan Sokoto, a Sokoto-based prominent businessman.

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalistAs...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

Edo governor plays host to Delta Speaker, members in Benin

By Anne Azuka Governor Monday Okpebholo of Edo State has ...

Sokoto State to Strengthen Partnership With European Union 

By Muhammad Ibrahim, Sokoto The Sokoto State Government has reaffirmed...

SOKOTO L-PRES Project Organizes Training On Productivity And Technology Adoption 

By Muhammad Ibrahim, Sokoto The Livestock Productivity and Resilience Support...

CSO tasks Gov Eno on A’Ibom University of Education Bill

By Ogenyi Ogenyi,UyoA civil society-cum-human rights organisation in Nigeria,...

Oron Union Celebrates 100 Years of Unity and Cultural Renaissance

By Ogenyi Ogenyi,UyoThe Oron Union, one of Nigeria’s oldest...

JUST IN: Lagos Council Chairman Kolade Alabi Collapses During APC Meeting

Kolade Alabi, Chairman of Bariga Local Government Area and...

NMA Applauds Gov. Otti for Approving 100% Salary Increase for Doctors

The Abia State chapter of the Nigerian Medical Association...
spot_img

Related Articles

Popular Categories

spot_imgspot_img