Thursday, November 12, 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

Nigerian Bar Association

States

Independence: NBA urges Nigerians to expect better future

The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

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.”

Isa Pantami

Politics

Pantami’s Gombe reception signalled APC defeat in 2027, PDP says

PDP described the reception accorded to its Gombe governorship candidate, Isa Pantami, as overwhelming, predicting APC’s defeat in 2027.

Collapsed three-storey apartment building in Brooklyn

World

New York building collapses, kills at least two, 10 injured

New York City mayor Zohran Mamdani confirmed the deaths, adding that more than 10 people were taken to local hospitals with critical and non-life-threatening injuries.

United Nations HQ

World

Nigeria urges UN rights council to eschew politicisation, double standards

Nigeria urged the UNHRC to avoid politicisation, double standards and selective treatment of human rights issues, to avoid undermining international confidence.

Amina Mohammed

NationWide

Nigeria stresses sustained donor support for UN Resident Coordinator system

UN’s deputy secretary-general, Amina Mohammed, presented proposals to place the system on a more sustainable financial footing.

Tinubu at FEC meeting

Economy

Nigeria opens applications for 3MTT delivery partners, earmarks N4 billion

The Nigerian government has opened applications for organisations and individual experts to join the delivery network of its Three Million Technical Talent programme.

Nigerian Union of Teachers officials

Education

Nigerian teachers relying more on AI amid shortage of textbooks, say stakeholders

Stakeholders say textbook shortages under Nigeria’s new national curriculum are pushing teachers to rely more on AI for instructional materials, research, and lesson preparation.