Niger Delta
A’Ibom’s $3bn Gas FTZ Ready For Investors
Delegation of the German Industry and Commerce in Nigeria (AHK Nigeria) in collaboration with the Nigerian–German Chamber of Commerce (NGCC) and the German-African Business Association (Afrika-Verein), held the 9th edition of the German-Nigerian Business Forum in Lagos, to explore opportunities between both countries and chart a way forward in a post pandemic period.
The event, which featured keynote speeches, panel sessions, presentations, and product demonstrations, had Boss Mustapha, Secretary to the Government of Nigeria, H.E. BirgittOry, German Ambassador to Nigeria, Folasade Adefisayo, Commissioner for Education, Lagos State, Emeka Offor, Executive Secretary/CEO, Nigerian Investment Promotion Commission (NIPC), Herbert Wigwe, Group Managing Director and CEO, Access Bank Plc, amongst others in attendance.
Speaking on the subject, Akwa Ibom and Investment opportunities, the Chairman, Technial Committee on Foreign Direct Investments, Gabriel Ukpeh, urged investors across the globe to explore the investment opportunities at the Akwa Ibom State Free Trade Zone to the tune of over $3 billion in investment.
Ukpeh who harped on the renewed promise and attributes that Akwa Ibom holds for potential investors through its various initiatives, said the Free Trade Zone boasts of 50,000 hectares FTZ, free container import – zero duties, waiver on company taxes, refinery, and petrochemical plant, fertiliser plant, methanol plant, gas processing and thermal power plants for potential investors.
He stated that the investment opportunity in the unique location was worth over $3 billion.
According to him, “Governor Udom Emmanuel came from the private sector, hence, bringing a private sector perspective to bear on governance in the State, restructuring the way business of governance is done in Nigeria. Akwa Ibom stands out when compared to other states in Nigeria for obvious reasons.
Niger Delta
C’River Bans VIOs From Road Operations
Niger Delta
A’Ibom Community Seeks Govt Recognition For Elected Village Head
Niger Delta
Delta Unveils World Book Day Festival
-
Business1 day agoNERC Amends Order on Meter Tampering, Power Bypass For Discos
-
News2 days agoPolice Arrest Nigerian, Two Others For Kidnapping In Edo
-
Business1 day agoNigeria, AFC sign $1.3 billion deal to build alumina refinery
-
Rivers1 day agoKENPOLY Rector Promises To Prioritise Students’ Welfare
-
News2 days agoNDLEA Arrests Ex-Councillor With 40kg Skunk, Recovers Drugs In Diapers
-
Rivers1 day agoDon, Stakeholders Urge Environmental Laws In N’Delta
-
Business1 day agoNCDMB Signs Mgt Deal With Radisson, Edison…As Board’s 204 Rooms Hotel Open December 2026
-
Rivers1 day agoADIAFRICA Flags-off Free Eye Screening Outreach In PH
