Buhari approves 7 new industrial parks - Official

Buhari approves 7 new industrial parks - Official

- The president has approved the establishment of seven new parks in Nigeria's six geo-political zones

- The parks were approved on Thursday, September 19, at the Presidential villa

- The approval of these parks, the president said, will ensure the establishment of seven new industrial parks to support the Nigerian Industrial Revolution Plan

Seven new industrial parks have been approved by President Muhammadu Buhari on Thursday, September 19.

The president's approval will ensure the establishment of seven new industrial parks to support the Nigerian Industrial Revolution Plan, Premium Times reports.

It was also gathered that the parks which would all be located in each of the six geo-political zones across Nigeria will be established in seven states - Lekki in Lagos; Makurdi in Benue; Benin in Edo; Ilorin in Kwara; Sokoto; Gombe and Abakiliki in Ebonyi state.

Speaking on the new presidential approval, the acting managing director of the Nigeria Exports Processing Zones Authority (NEPZA), Terhemba Nongo, said the Free Trade Zones (FTZs) in Ilorin, Makurdi, and Sokoto are in the stage of completion.

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“Each of the zones would provide a minimum of 50,000 direct jobs for the country, thus giving a total of 350,000 direct jobs for the seven of them. In terms of indirect jobs, the zones can create about one million jobs for the country," Nongo said.

Further warning that licences of inactive FTZs in the country will be revoked, Nongo said the Nigerian government will no longer watch the laxity at which those given the licenses are treating the zones.

Meanwhile, Legit.ng previously reported that President Buhari had said that his administration's priority is to create millions of jobs of Nigeria's teeming youth.

The president also said that his administration has focused on supporting local industries and putting restrictions on goods importation.

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Source: Legit

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