The Managing Director of Nigeria Export Processing Zones Authority (NEPZA), Prof Adesoji Adesugba, has said Katsina, Kwara and Lagos Special Economic Zones (SEZs) will be ready by 2022.
Speaking during a visit to the Executive Secretary of the Nigerian Investment Promotion Commission (NIPC) in Abuja Wednesday, Prof Adesugba said the three new SEZs were part of the six SEZs approved by President Muhammadu Buhari.
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The federal government earlier this year approved six SEZs to be sited in the six geo-political zones, but earmarked these three for development this fiscal year while the rest three were deferred to 2022.
The NEPZA Chief Executive Officer said that the three new zones which were approved as medical, agro-allied and cotton clusters respectively would help to boost production linkages required for economic growth.
“This visit is aimed at seeking more investment information and direction from the commission so that we can jointly deliver on our mandates,’’ the NEPZA boss said.
The Executive Secretary of NIPC, Ms Yewande Sadiku, accepted the proposed partnership with NEPZA on the new zones.
The executive secretary said that the commission was prepared to partner with NEPZA to accelerate economic development, adding that the three new special economic zones would be used as a pilot scheme for vigorous investment drive.
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