SAPZs can attract about $4bn investment into Nigeria – NGF

Posted by News Express | 22 August 2019 | 462 times

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•NGF chairman and governor Ekiti State, Kayode Fayemi

The establishment of the Special Agro-Processing Zones (SAPZs) in Nigeria has the potential of attracting about four billion dollars investments into the country, this is according to the Nigeria Governors’ Forum (NGF).

Governor Kayode Fayemi, the chairman of the forum said this in a conversation with newsmen on Wednesday in Abuja.

The Ekiti State Governor explained that the initiative will be of great benefit to all Nigerians.

He said, “SAPZs which will bring together the farming and the processing community and the potential of attracting about one billion dollars from the AfDB and up to 4 billion dollars with the entry of private sector investors.”

The NGF Chairman stressed that the governors were already in agreement with the AfDB, adding that provisions will be made for a desk at the NGF Secretariat where the interests of various states will be tabled.

Those in attendance at the NGF meeting include Ifeanyi Okowa (Delta), Abdullahi Ganduje (Kano), Ifeanyi Ugwuanyi (Enugu), Okezie Ikpeazu (Abia), Umaru Fintri (Adamawa), Udom Emmanuel (Akwa Ibom), Willie Obiano (Anambra), Samuel Ortom (Benue), Bala Mohammed (Bauchi), Godwin Obaseki (Edo).

Others are Darius Ishiaku (Taraba), Abubakar Badaru (Jigawa), Emeka Ihedioha (Imo), Seyi Makinde (Oyo), Aminu Masari (Katsina), Bello Matawalle (Zamfara), Babagana Umara (Borno). (Channels TV)


Source: News Express

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