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Friday, July 6, 2018

Export Inflow at Lekki Free Zone to Hit $6bn by 2020, Says Ambode

Lagos State Governor, Akinwunmi Ambode, Thursday said the export inflow at the Lekki Free Zone (LFZ) in Ibeju Lekki area of the State is projected to hit over $6 billion (about N2.159 trillion) by 2020, saying it was time for Nigeria to develop sustainable roadmap to rev up export with particular focus on multi-sector products far beyond oil. 
Speaking at
the Second National Committee Meeting on Export Promotion of the National Economic Council (NEC) held in Lagos, Ambode said beyond oil, it was now important for the country to put in place infrastructure and other initiatives to support other sectors with the view to preparing them for export. 

He said already, Lagos State Government had keyed into several export-oriented initiatives such as One-State One-Product Initiative, adding that it was gratifying to note that tremendous progress had been made in that regard.

“Our efforts in this area include the development of Lekki Free Zone as a one-stop export processing zone and we are happy to report that we have made tremendous progress in this particular export zone and I hope participants would have the time to see what it is..."

Read the full story here: https://lnkd.in/eQ6MQGh  

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