Partnership: Prof Na’Allah Inaugurates Boards of Entrepreneurship Studies

The Vice-Chancellor of the University of Abuja (UofA), Prof. Adulrasheed Na’Allah, on Wednesday virtually inaugurated members of the Board of Centre for Entrepreneurship Studies of the institution. The inauguration was to strengthen the synergy between industry players and academia. The newly inaugurated Board members who are stakeholders in the private sector are; the President of […]

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Deep Sea Port Completion Indicates FG’s Effective Policy Implementation

The Nigeria Export Processing Authority (NEPZA) has said that the completion of the Deep-Sea Port in record period of four years was indication of Federal Government’s continued effective policy implementation. Prof. Adesoji Adesugba made the remark on Tuesday in Abuja in a special congratulatory message to the president, free zone investors, and to all relevant […]

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NEPZA Goes Tough on Contractors, Warns on Call-ups of Contract Bonds of Willful Projects’ Delays

The Nigeria Export Processing Zones Authority (NEPZA) has vowed to call up contract bonds from contracted companies that decided to willfully prolong execution of assigned projects with the hope of triggering `variation clause’. Prof. Adesoji Adesugba, Managing Director of the Authority, dropped the hint in Abuja after receiving Report of the NEPZA 2017-2021 Capital Projects […]

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NEPZA Hails Buhari’s Support for Free Zones Development

The Nigeria Export Processing Zones Authority (NEPZA) has expressed satisfaction on President Muhammadu Buhari’s concrete steps to ensure that the administration of the country’s Free Trade Zone aligned more with the global rules and regulations guiding the scheme. Prof. Adesoji Adesugba, Managing Director, NEPZA, stated this on Saturday while responding to the Business Facilitation (Miscellaneous […]

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NEPZA Secures $100m Investment for New Lekki Special Medical/Pharms FZ

The Nigeria Export Processing Zones Authority (NEPZA) has secured an anchor tenant, Ash Biomedical Diagnostics Limited which is prepared to without delay invest initial 100-million-dollar capital in the production of variety of medical equipment in the freshly approved Medical/Pharmaceutical Special Free Zone in Lekki, Lagos. Prof. Adesoji Adesugba, NEPZA Managing Director, dropped the hint on […]

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NEPZA, Foreign Medical Coys Fast-Tracking Lekki Medical Zone’s Take-off

The Nigeria Export Processing Zones Authority (NEPZA) says scores of prospective anchor tenants seeking to establish world class hospitals and pharmaceutical industries in the new Special Medical Free Zone in Lekki area of Lagos signal gradual end to unnecessary medical tourism abroad. Prof. Adesoji Adesugba, NEPZA Managing Director made the remark while playing host to […]

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ACCI Congratulates 2nd Deputy on the Launch of Lagos NEPZA office

Abuja Chamber of Commerce and Industry (ACCI) had ongratulated the Managing Director of the Nigeria Export Processing Zones Authority (NEPZA), Prof. Adesoji Adesugba on the launch of NEPZA liaison office in Lagos. The ACCI President, Dr Al-Mujtaba Abubakar in a statement lauded the contributions of Prof. Adesugba to the development of NEPZA while urging him […]

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Provisions of Custom Service Bill will cripple Free Trade Zones- NEPZA

Nigeria Export Processing Zones Authority (NEPZA) has opposed some sections of the proposed Custom Service reform bill, citing three reasons why amendment to give the Customs Service powers to make regulations in Free Zones will weaken and subvert Nigeria’s Special Economic Zones. In a submission to the ongoing public hearing on the Custom reform bill […]

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Why We Oppose Sections of Proposed Custom Service Bill-NEPZA

RE: A BILL FOR AN ACT TO REPEAL THE CUSTOMS AND EXCISE MANAGEMENT ACT,CAP C45, LAWS OF THE FEDERATION OF NIGERIA, 2004, AND TO ENACT AN ACT TO ESTABLISH THE NIGERIA CUSTOMS SERVICE ACT,2021. The Authority is grateful for the invitation to make input on the proposed amendment of the Act. It affords us the […]

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