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The Minister of Trade and Investment, Dr. Jumoke Oduwole, has disclosed that Ministry is championing a coordinated strategy to boost exports, expand access to financing, and drive regulatory reforms to strengthen investment in the Special Economic Zones (SEZ)

She stated this at the third Special Economic Zones (SEZ) yearly meeting organised by the Nigerian Export Economic Zones Association (NEZA), Nigerian Export Processing Zones Authority (NEPZA) and the Oil & Gas Free Zones Authority (OGFZA) held in Lagos.

The theme is, “Fostering Strategic Synergies for Enhanced Special Economic Zones Operations and Sustainable Economic Growth.”

Oduwole, said with over 200 operating SEZs and over 70 projects announced for completion in Africa, the highest number exist in Morocco and Nigeria.

She said while the 12 FTZs in Morocco have flourished by attracting significant FDI and emerging as hubs for automotive and aerospace industries, driven by strategic location, political stability, and proactive industrial policies, Nigeria, ongoing and planned SEZ projects is still yet to fully realize its potential.

https://independent.ng/trade-ministry-is-championing-coordinated-strategy-to-boost-exports-expand-access-to-financing/