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Stakeholders Urge New NEPZA Boss to Sanitise Agency
Jul 9, 2020
Peter Uzoho
Stakeholders in Nigeria’s export free zones have charged the newly appointed Managing Director of Nigeria Export Processing Zones Authority (NEPZA), a parastatal under the Federal Ministry of Trade and Investment, Professor Adesoji Adesugba to clean the rot at the agency.
In their separate interviews with journalists, the operators also hailed his appointment, saying that as an accomplished specialist in investment promotion and economic development, he will boost the ongoing efforts of the Minister of Industry, Trade and Investment, Mr. Niyi Adebayo to reform NEPZA and incentivize investments at the export free zone. The operators charged Adesugba to use his proficiency in organisational development and institutional reforms to clean up the massive corruption in NEPZA, which has eroded investors’ confidence in the agency and denied Nigeria massive investments at the export free zones.
One of the stakeholders, who is a maritime investment advisor, Mr. Akpan K. Akpan, told journalists that NEPZA has seemed to have defied President Muhammadu Buhari’s anti-corruption war.
“President Buhari has reformed the Nigerian National Petroleum Corporation (NNPC), Nigerian Ports Authority (NPA), Nigeria Customs Service (NCS) and other critical regulatory agencies, including NEPZA’s sister organisation, Oil and Gas Free Zones Authority (OGFZA).
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