…Prohibits Arms, Ammunition, Dangerous Chemicals From Zone
KANO (North-West, Nigeria)— The Director, Kano Free Trade Zone, Muazu Musa Sahabi on Wednesday said it has generated the sum of over N13 billion as revenue within 11 months.
Sahabi stated this while speaking with newsmen during the year 2024 investors/ stakeholders forum at the zone.
The Director while giving a breakdown said it generated N1.1 billion for the Nigeria Export Processing Zones Authority, NEPZA and over N12 billion for the custom within the period of January till date.
Sahabi who also wooed investors to come and invest in the trade free zone, assured them of it readiness to ensure smooth operation of the Zone in line with the Ease of Doing Business Policy of the Federal Government and global best practices.
According to him, “This year, from January till date, we are able to generate about N1.1 billion for NEPZA. While the custom generated over N12 billion from the zone.
“The essence of bringing the stakeholders together is to brainstorm on ideas to move the zone forward.
“The Forum is an annual gathering of Investors, Operators, and all relevant Stakeholder whose activities are organic to the smooth operations of the scheme to strategically reposition Zone to provide excellent service delivery in line with international best practices.
“The Theme of this year’s Forum “Understanding the concept and operations of special economic zones schemes” is aimed at enlightening the public of what the Scheme is all about.
“We are trying to show them that this is not a terminal where they do whatever they feel. It is an industrial area. We want them to come and invest not just trading.
“Permit me at this juncture to reassure all our wonderful partners, stakeholders and friends of our readiness and willingness to always collaborate with you to ensure smooth operation of the Zone in line with the Ease of Doing Business Policy of the Federal Government and global best practices,” Sahabi however stated.
Earlier, the Zone’s Assistant Director (Investment, Services and Promotions), Richard Bassey, said goods such as arms and ammunition as well as dangerous chemicals were prohibited from the zone.
He continued when he said plans were underway to enter into a partnership with a firm to ensure improved power supply in the zone.
Meanwhile, some of the stakeholders at the forum appealed on the government to save a road linking into the zone from collapsing or cutting off, friendly exchange rate and power supply in the zone.
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