Prospecting Nigeria’s Free Trade Zone under Tinubu administration

Prospecting Nigeria’s Free Trade Zone under Tinubu administration

Lagos State occupies a vital space in Nigeria; first, as a megacity with an estimated 20 million population and second, as a coastal city with endless maritime routes that connect international waters that have positioned it as the country’s most viable commercial hub.

Various governments have utilised these somewhat natural gifts to impact not only the development of the state but the entire nation.

Suffice, therefore, to say that the state’s importance in spiking the country’s development process and industrialisation has remained highly pivotal.

It is, however, amazing how the state has completely leveraged the federal government’s Free Trade Zone scheme managed by the Nigeria Export Processing Zones Authority (NEPZA) to further drive the national economy.

It is common knowledge that President Bola Tinubu laid the foundation for the progress the state is currently making with the free zone scheme.

Leave a Reply

Your email address will not be published. Required fields are marked *