Saturday, July 18, 2026

NEPZA seeks partnership with U.S. investors to boost job creation, export expansion 

Mr Ogunyemi said the forum provided a vital space to match policy action with private capital.

• September 27, 2025
Nigeria Export Processing Zones Authority (NEPZA),
Nigeria Export Processing Zones Authority (NEPZA)

The Nigeria Export Processing Zones Authority (NEPZA) has called for partnerships with American investors to enhance Nigeria’s free trade zones and boost job creation and to expand exports.

The Managing Director of NEPZA, Dr Olufemi Ogunyemi, in a statement on Friday, made the call while delivering a lecture at the sidelines of the United Nations General Assembly (UNGA) in New York.

The lecture titled, “Free Zones and Industrial Competitiveness: Catalysing Investment Through Regulatory Innovation,” was part of a side event themed, “Ease of Doing Business in Nigeria: A New Era of Economic Opportunities.”

Mr Ogunyemi said the forum provided a vital space to match policy action with private capital.

He said, “Nigeria’s free zones are designed as practical business enclaves for industrial upgrading and credible, regionally scalable investments. We are therefore asking U.S. investors and institutions to undertake site visits to Lagos Free Zone, Lekki Free Zone, Abuja Industrial Park Free Zone and other zones to see existing infrastructure and anchor tenants.”

According to him, NEPZA is seeking partnerships for anchor projects that would transform into small and medium enterprises’ factory shells, create jobs and promote local procurement content.

He said opportunities also existed for co-financing shared infrastructure that would enable hundreds of tenant investments and support scaling up of production for exports.

Ogunyemi reaffirmed NEPZA’s readiness to support due diligence, provide regulatory clarity, and facilitate the needed structure for investors willing to move from dialogue to signed commitments.

The NEPZA boss said the authority had applied world-class mechanisms to raise the industrial competitiveness of the free zones through infrastructure development, regulatory predictability, cluster effects and market access.

He said the Federal Government, through NEPZA, would continue to prioritise private capital in building infrastructure in both private and public-private partnership free zones, describing them as principal engines of rapid transformation.

Ogunyemi urged investors to consider the vast size of the Nigerian market as a springboard for regional expansion and international exports.

He also thanked the Presidency for including NEPZA in Nigeria’s UNGA delegation, and the Presidential Enabling Business Environment Council (PEBEC) for providing a platform to attract U.S. investors into the free zones.(NAN)(www.nannews.ng)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

U.S. Mission[Credit: X.com]

World

U.S. issues security alert to Americans worldwide as Iran kills two soldiers

The U.S. government issued a warning to all Americans worldwide amid the escalating war against Iran.

President Bola Tinubu (Credit: Presidency)

Heading 3

Tinubu’s scorecard is 139 million Nigerians in poverty; he should resign, not seek re-election: ADC

“The evidence of 139 million people living in poverty and 17 million at risk of starvation is President Tinubu’s scorecard,” the party said.

Flooded Lagos road used to illustrate the story

Lagos

Lagos govt working to tackle flooding, says SSG

She said the government was assessing critical drainage channels and other vulnerable locations to strengthen ongoing flood control measures.

Anambra road crash

States

Three killed, four injured in Anambra road crash: FRSC

The FRSC said the accident occurred on Friday along the Nnobi–Agulu–Awka road.

Atiku standing with Amaechi

Politics

2027: Group asks ADC, Atiku to drop Amaechi as vice-presidential candidate

The group accused Mr Amaechi of desperation, saying that he lacked the grassroots strength required to win the election.

Jens Spahn. [PHOTO CREDIT: ZDF]

Heading 4

German lawmaker resigns after backlash for welcoming child through surrogacy

The 46-year-old politician and his party, the Christian Democratic Union (CDU), had backed a ban on surrogacy.