The Nigeria Export Processing Zones Authority (NEPZA) says it has attracted one billion dollars investment in Niger.
A statement on Saturday by NEPZA’s Head of Corporate Communications, Mr Martins Odeh, said the authority remained resolute on its mandate as a key player in pursuing Nigeria’s economic development. The Authority had secured an investment worth 100 million dollars at the Medical/Pharmaceutical Special Economic Zone in Lekki, Lagos for the production of medical equipment.
Dr Abdulmalik Ndagi, Managing Director, Hydropolis Investment Limited, expressed satisfaction on the speedy nature of the approval.
He said that the zone would commit over one billion dollars to establish an industrial park, smart city and international airport. The strategic location of the zone to the Kainji Dam gave it the desired edge.