Business
Minister Lauds President Jonathan Over Free Zones
The President of the Federal Republic of Nigeria, Dr
Goodluck Ebele Jonathan, has been commended for his vision and commitment to
achieving the ideals of free zones in Nigeria.
The Minister of Trade and Investment, Mr Olusegun Aganga,
made the commendation in his address at the Nigeria Oil and Gas Trade and
Investment Forum 2012 last Thursday at Onne Oil and Gas Free Zone, Rivers
State.
According to the minister, the ideals would no doubt make
Nigeria the trade, Industry and Maritime hub in the West African sub-region.
He said the forum would provide an opportunity for
collective reinforcement of the commitments to provide possible avenues that
free zones could offer for the economic growth and development of the country.
Aganga said the Oil and Gas Free zone undoubtedly is on
course and it is today adjudged the single largest and fastest growing free
zone in the world with a latest cumulative investment of $4.8 billion.
“We are however raising the bar with the dedication of the
Warri Port and the Lagos Base as Oil and Gas Free zones’, he said, adding that
this underscored the contributions of free zones in Nigeria to the realisation
of the Transformation Agenda of Mr President,” he said.
Mr Aganga lauded the Chairman of Orlean Investment West
Africa Ltd, for his visionary leadership as well as effective management of the
Oil and Gas Free Zone, and enjoined all to remain focused and determined to
ensure that Mr President’s vision was achieved.
He noted that the company had played a pioneering role in
the development of the Onne Oil and Gas Free Zone in a successful Public
Private Partnership arrangement with the Federal Ministry of Trade and
Investment and the Federal Ministry of Transport, through the Nigeria Ports
Authority (NPA), before they were concessioned.
“Their aggressive and concerted marketing efforts has
attracted several investors into the zone and created over 30,000 jobs to
date,” he said, and assured that the Federal Government would continue to use
all the instruments at its disposal to break down barriers and provide the
enabling environment for business to thrive for the economy to be placed on the
path of sustainable and inclusive growth and development.
Business
NIMASA Marks 2025 Customer Week, Pledges Service Excellence

Business
SEME Customs Foils Smuggling Attempt Of Expired Flour, Seizes N2bn Contraband

Business
LASG UNVEILS GROUNDBREAKING OMI-EKO PROJECT AT FIVE COWRIES TERMINAL

-
Business4 days ago
NCDMB, NEXIM Disburse $42m Loans To Boost Local Content In Oil Sector
-
Sports4 days ago
Nigerian para-lifters win gold, silver, bronze at World Champs
-
News4 days ago
FUBARA THANKS PRESIDENT TINUBU FOR POST HUMOUS PARDON, NATIONAL HONOURS FOR OGONI 13 …Says Bold Decision’ll Promote Reconciliation
-
Niger Delta4 days ago
Edo Chief Judge Seeks Collaboration Against Corruption
-
News4 days ago
Unveiling of $400million Otakaikpo crude oil Export Terminal; Monarch Hails Tinubu …lists Economic Benefits Of The Project
-
Sports4 days ago
Swimming, football talents shine at CSL Games
-
Business4 days ago
‘Stakeholder Engagement, Bedrock Of Niger Delta Development’
-
Sports4 days ago
WAFCON Qualifiers: Falcons to face Benin in Togo