• About
  • Advertise
  • Contact
Wednesday, May 28, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Economy

Abiodun Seeks FG’s Approval Of FTZ For Remo Economic Zone

Vital News by Vital News
January 9, 2024
in Economy
0
Abiodun Seeks FG’s Approval Of FTZ For Remo Economic Zone
Share on FacebookShare on Twitter

Governor Dapo Abiodun of Ogun State has pleaded with the federal government to approve the operation of the Remo Economic Zone as a Free Trade Zone.

The governor, made the plea on Tuesday when he received the Minister of Industry, Trade and Investment, Dr. Doris Nkiruka Uzoka-Anite and her team in his office at Oke-Mosan, Abeokuta.

He noted that the approval was needed to enable companies that have signed to process their raw materials in the zone commence operations.

The governor emphasized that the zone would record multiple processing companies willing to sign up to begin work in the zone in the next one year if the approval was given.

RelatedStories

National Sports Festival’s Impact on Ogun Economy Massive – Abiodun

Poverty Alleviation: TMSG Hails FG’s Fast-tracked Cash Transfer To 15 million Vulnerable Households

Tinubu’s Nigeria First Policy, Unique, Revolutionary -TMSG

FAAC Disburses N1.681trillion April Revenue To FG, States, LGs

He said out of the six Special Agro Processing Zone in the country, the State has the highest number.

Abiodun said : “We have pending application for the Remo Economic Zone in your office as a Special Economic Zone that enjoys the status of a Free Trade Zone, and the reason for that is very simple.

“The entire economic zone is being developed in partnership between the state government and the third party, and we have located the airport as one of the enablers of it own.

“Part of the requirements that we signed with our partner was that this economic zone will be Free Trade Zone.

“It allows all the processing companies all over the world who have already signed to process in that zone to process the raw materials that will be brought from all over the state and the zone.

“They can export them to other parts of the continent.

“We are aware that when you assumed office, you decided to review the numbers of Free Trade Zones that we have in the country and decide on which ones are truly required, needed, and deserving.

“The problem we have is that our partner in his determination to move that economic zone, has begun to award contracts and because the model we have was that in the process of doing that, certain taxes that you would have to pay if it is not an economic zone and that is hindering the process which is why we are looking at ways of solving the problem speedily.”

The governor said his administration has created four economic zones in the last four and a half years, in addition to the existence of Agbara Industrial Zone.

“We realized that it is important to have these Economic Zones around the state so that investors can conveniently choose their part of the State that suits them.

” We constructed the Epe-Ijebu-ode road, and this road will evacuate goods and people from Lagos to the East through our state.

“We created another economic zone around Kajola because this is where we have the rail line that comes from Ibadan. We will soon launch our Dry Seaport at that particular Economic Zone.

“We also have the one in Yewa through Ota axis. All these economic zones are to ensure that the cargo produce in Ogun State is conveniently processed, and this will generate job opportunities and enhanced value chains,” he added.

While intimating the Minister of efforts to further attract investments to the state, the state’s helmsman informed that his administration would soon sign a Memorandum of Understanding with its partner to commence the construction of the Deep Seaport at Olokola to complete the cycle of economic zones in the State.

The governor thanked the Minister for the visit, noting that it would cement further the relationship with the government at the centre.

Speaking earlier, Dr. Uzoka-Anite applauded the state government for its developmental strides.

She said the springing up of industries in the state was a confirmation of the conducive business environment and the availability of necessary infrastructure that attracts investors.

She said as the industrial capital, Ogun State has distinguished itself as a pioneer and leader in developing, expanding and attracting industries with ease.

The Minister added that the visit would enable her and her team to rub minds with the officials of state government on how best to be of help to each other.

“The federal government will collaborate with the state government to see how to improve and industrialized not only the State, but the whole country.

“We are committed to supporting the state in any way we can. Whatever the governor is doing to continue in the industrialisation, we will support him,” the minister added.  (vitalnewsngr.com)

Tags: freeOgunRemotradezone
Previous Post

National Assembly Members Congratulate Bello, Pledge Loyalty Ti Him

Next Post

State Of The Nation : Group Calls On President Tinubu To Convene National Conference

Vital News

Vital News

RelatedStories

National Sports Festival’s Impact on Ogun Economy Massive – Abiodun
Economy

National Sports Festival’s Impact on Ogun Economy Massive – Abiodun

May 27, 2025
We Are Better Off Together, President Tinubu To Malian Leader
Economy

Poverty Alleviation: TMSG Hails FG’s Fast-tracked Cash Transfer To 15 million Vulnerable Households

May 19, 2025
Economy

Tinubu’s Nigeria First Policy, Unique, Revolutionary -TMSG

May 16, 2025
FAAC Shares N1.411trillion October Revenue Among FG, States, LGs
Economy

FAAC Disburses N1.681trillion April Revenue To FG, States, LGs

May 16, 2025
$50million Beverages Company To Berth In Ogun
Business

$50million Beverages Company To Berth In Ogun

May 14, 2025
Next Post

State Of The Nation : Group Calls On President Tinubu To Convene National Conference

We’ll Tackle Pressure On Foreign Exchange – FG Vows

We'll Tackle Pressure On Foreign Exchange - FG Vows

Stay In Your Council Area, Focus On Security, Peoples’ Welfare – Bello Charges New Kogi LG Chairmen

Stay In Your Council Area, Focus On Security, Peoples' Welfare - Bello Charges New Kogi LG Chairmen

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

2023 : Smart Adeyemi Boosts Tinubu/Shettima Campaign, Donates  Over 100 Vehicles

2023 : Smart Adeyemi Boosts Tinubu/Shettima Campaign, Donates Over 100 Vehicles

2 years ago
Police Ban Sanusi, Ado Bayero From Conducting Durbar Activities During Eid -el-kabir

Ibadan Man Kills Grandfather, Uncle For Money Ritual

9 months ago
Ibadan Explosion : Koshoedo Sympathises With Oyo Govt., Victims

Makinde Finally Pays N2bln Judgment Debt To Ex-LG Chairmen

1 year ago
How Governor Rotimi Akeredolu Died Of Prostate Cancer In A German Hospital – Ondo State Govt.

Governor Abiodun Mourns Akeredolu, Says His Death Painful, Tragic

1 year ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN Court Dangote death drugs Economy EFCC Election elections FG Fraud gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security Senate students Tinubu
No Result
View All Result

Highlights

Kogi, FRSC Move To Reduce Carnage On Obajana-Kabba, Lokoja – Abuja Highways, Others

ANA Holds Election, MD Graphic Newspaper Vies For Chairmanship

Housing Minister Inaugurates Committee For Disposal Of 753 Housing Units Recovered From Abuja Estate

GIMP Salutes Turner On Appointment As President Of Religious, Peace-centric University

National Sports Festival’s Impact on Ogun Economy Massive – Abiodun

President Tinubu Departs To Lagos For Celebration of ECOWAS 50th Anniversary, To Commission Projects

Trending

Famous African Author,  Ngũgĩ wa Thiong’o Dies At 87
Culture

Famous African Author, Ngũgĩ wa Thiong’o Dies At 87

by Vital News
May 28, 2025
0

Famous African Author, Ngũgĩ wa Thiong'o has died at the age of 87 years. Ngũgĩ wa Thiong'o...

Dangote Cement Rewards Distributors, Customers With CNG-Trucks, N11billion Cash At Awards Nite

Dangote Cement Rewards Distributors, Customers With CNG-Trucks, N11billion Cash At Awards Nite

May 28, 2025
NSCDC Arrests 17 Illegal Miners In Kogi, Impounds 3 Trucks, 39 Motorcycles

NSCDC Arrests 17 Illegal Miners In Kogi, Impounds 3 Trucks, 39 Motorcycles

May 28, 2025
Kogi, FRSC Move To Reduce Carnage On Obajana-Kabba, Lokoja – Abuja Highways, Others

Kogi, FRSC Move To Reduce Carnage On Obajana-Kabba, Lokoja – Abuja Highways, Others

May 28, 2025
ANA Holds Election, MD Graphic Newspaper Vies For Chairmanship

ANA Holds Election, MD Graphic Newspaper Vies For Chairmanship

May 28, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Famous African Author, Ngũgĩ wa Thiong’o Dies At 87 May 28, 2025
  • Dangote Cement Rewards Distributors, Customers With CNG-Trucks, N11billion Cash At Awards Nite May 28, 2025
  • NSCDC Arrests 17 Illegal Miners In Kogi, Impounds 3 Trucks, 39 Motorcycles May 28, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In