FG poised to reposition Free Trade Zones

Calls for increased investments from private sector.

The Federal Government has canvassed increased investments from stakeholders in the private sector in the country’s Free Trade Zones to reposition the sub-sector as an instrument for economic growth and diversification.

The Permanent Secretary of the Ministry of Industry Trade and Investment, Nasir Gwarzo, made the call on Wednesday at a one-day sensititisation awareness workshop themed ‘Creating awareness on the activities of the Free Zones in order to stimulate investment in the sub-sector’.

He observed that the resolutions reached at the workshop, which brought together various experts and stakeholders in the industry, would be used to produce a blueprint for stakeholders’ action plan on repositioning free trade in Nigeria.

He said, “At this juncture, I wish to call on the private sector to key into the enormous opportunity that is accruable with investment at the Free Trade Zones.

“The challenges are no doubt very daunting but equally surmountable. With your support and resilience, we would be able to offer the best to the world through the development of the various sectors of our economy, using the right technology as well as conforming with the rules and best practices.

“I would like to commend the participants in this workshop and wish to let them know that their valuable contributions will help to produce a blueprint for stakeholders’ action plan.”



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