‘Lagos Free Zone’ll unlock economic opportunities’ | The Guardian Nigeria News - Nigeria and World News

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The Lagos Free Trade Zone (LFZ) has the potential to unlock economic opportunities for Nigeria by attracting foreign direct investment (FDI), stakeholders have said.

The Director-General of the Securities and Exchange Commission , Lamido Yuguda, and the Chief Executive Officer, Nigerian Exchange Group , Temi Popoola, during a visit, said the Free Trade Zone holds the key to Nigeria’s future.

He said: “Lagos Free Zone is enough to give domestic and international business communities the hope and courage to make valuable investments in Nigeria. You can imagine how much we spend traveling to buy goods abroad. With LFZ, I am convinced that we can transfer some of our demand to local production. I believe this is a bold step by Tolaram to bring back Nigeria’s industrial prowess”.

He said, “On the regulatory front, we would give you as much support as we can. This is where government needs to pay serious attention. Policymaking can assist investors to produce goods and services that have the potential to increase the standard of living of our people. We will be your advocate in every respect”.

 

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