• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, July 26, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Minister Charges NEPZA On Performance

by Leadership News
7 months ago
in News
NEPZA
Share on WhatsAppShare on FacebookShare on XTelegram

The Honourable Minister of State for Industry, Senator John Owan Enoh, has identified enhanced performance with a direct impact on the lives of the Nigerian people as critical to implementing the core mandate of agencies within the Industrial sector of the Federal Ministry of Industry, Trade and Investment.

Advertisement

Speaking when the top management of NEPZA, led by the Managing Director/CEO, Dr. Olufemi Ogunyemi, paid him a visit in his office to deliver a progress report on the activities of the authority, the Minister of State for Industry, charged the management of NEPZA to pay greater attention on delivering enhanced performance with focus on industrial matters that will impact the Nigerian people in line with the Renewed Hope Agenda of the present administration. While expressing his readiness to work closely with the leadership of the authority to achieve this objective, he called for continued engagement with the management of NEPZA to achieve this shared objective.

Presenting his progress report to the Honourable Minister of State, Dr Ogunyemi stated that NEPZA is committed to repositioning itself through various initiatives to ensure continued growth and excellence. He said that in line with the Renewed Hope Agenda of the present administration, the agency has expanded the Free Trade Zones and clusters to 55 across the nation and generated 13,720 jobs in the process.

Within the year under review, the authority also registered 39 new enterprises, registered three new trade zones, facilitated the establishment of the Lekki Deep Sea Port development within the Lagos  Free Trade Zone in record time and brought in significant Foreign Direct Investment (FDI) inflow into the country’s economy. Within the period under review, the Managing Director informed the Minister that the authority’s work has led to the inflow of $1 billion worth of investment into the country from the trade zones this year alone. In addition to N425 billion, the trade zones paid customs duty to Nigeria Customs.

NEPZA, he said, is engaging with the Securities and Exchange Commission (SEC), the Nigeria Stock Exchange (NGX), and other stakeholders to draft regulations for listing Free Zone Enterprises on the Nigerian Stock Exchange.

RELATED

Hardship: Kwankwaso Urges Patience, Warns Against Protests

Afenifere Counters Kwankwaso On Alleged Marginalisation Claim

5 hours ago
Tinubu Meets GENCOs, Seeks Time To Verify ₦4trn Debt

Tinubu Meets GENCOs, Seeks Time To Verify ₦4trn Debt

5 hours ago

He said the listing will enable free zone entities to access additional finance through the Nigerian capital market, create a framework for Free Zone Entities to contribute to the growth of the capital market, and enhance NEPZA’s regulatory oversight of listed Free Zone Entities.

He appealed for the Honourable Minister’s support to enable the authority to overcome current challenges. These include outdated legal and regulatory frameworks, limited understanding of the Free Trade Zone concept, multiple revenue agency taxation, limited foreign exchange access, and inadequate infrastructure.

 

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: John Owan EnohNEPZA
SendShareTweetShare
Previous Post

Gov Inuwa Hails Appointment Of Danjuma Kalba As Federal Perm Sec

Next Post

Minister Lauds Tinubu’s Strategic Approach To Livestock Revitalisation

Leadership News

Leadership News

You May Like

Hardship: Kwankwaso Urges Patience, Warns Against Protests
News

Afenifere Counters Kwankwaso On Alleged Marginalisation Claim

2025/07/25
Tinubu Meets GENCOs, Seeks Time To Verify ₦4trn Debt
News

Tinubu Meets GENCOs, Seeks Time To Verify ₦4trn Debt

2025/07/25
CSO Petitions EFCC Over Alleged Economic Sabotage At Kano FTZ
News

Court Jails 2 For Impersonating EFCC Officials In Kano

2025/07/25
Killing Of 16 Soldiers: DHQ Denie lol 😂 l lol ópooóppps Reprisal Attacks, Says There ‘ll Still Be Consequences
News

Troops Arrest 237 Suspected Oil Thieves, Recover N241m Products

2025/07/25
FirstBank, NiDCOM’s New Platform Targets Safer Home Ownership For Nigerians Abroad
News

FirstBank, NiDCOM’s New Platform Targets Safer Home Ownership For Nigerians Abroad

2025/07/25
ADC Inaugurates New Leadership In Imo
News

2027: ADC Raises Committee On Membership Registration In Edo

2025/07/25
Leadership Conference advertisement

LATEST

Afenifere Counters Kwankwaso On Alleged Marginalisation Claim

Tinubu Meets GENCOs, Seeks Time To Verify ₦4trn Debt

Court Jails 2 For Impersonating EFCC Officials In Kano

Troops Arrest 237 Suspected Oil Thieves, Recover N241m Products

FirstBank, NiDCOM’s New Platform Targets Safer Home Ownership For Nigerians Abroad

Transfer: Gyokeres For Arsenal’s Medical Saturday

2027: ADC Raises Committee On Membership Registration In Edo

Police Arrest 19 Suspected Cultists In Abuja

Man Nabbed Over Attempted Murder, Motorcycle Theft In Bauchi

Gov Ododo Appoints Onuche Aide On Grassroots Engagement

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.