The centre said the new U.S. tariff underscored the need for Nigeria to build a more resilient and competitive export sector.
He said Nigeria faced a defining choice: compete for Africa’s 1.4 billion consumers or concede the market to countries with lower production costs.
He described the Tax Reform Acts as the most comprehensive overhaul of the country’s tax system in decades.
Mr Shettima and the governors were briefed on the zone’s structure, production capacity and investment potential.
Mr Oguegbu said the move is to improve public transportation and make modern commercial vehicles more accessible to transport operators.
The minister said such relations would focus on trade, investment, regional security cooperation and increased private sector participation.
Mr Shettima, accompanied by state governors and top government officials, would visit the Glo-Djigbé Industrial Zone (GDIZ), near Cotonou.
The minister said digitising tax processes would improve transparency.
The positive performance was driven by renewed buying interest in banking, consumer goods and insurance stocks.
The programme is expected to bridge the metering gap, strengthen the power sector and create skilled jobs.
