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7 FACTS ABOUT LEKKI FREE TRADE ZONE YOU DON’T  KNOW BY DENNIS ISONG

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7 FACTS ABOUT LEKKI FREE TRADE ZONE YOU DON'T  KNOW BY DENNIS ISONG

7 FACTS ABOUT LEKKI FREE TRADE ZONE YOU DON’T  KNOW BY DENNIS ISONG

 

What does a free trade zone mean?

 

A free trade zone is an area within which goods may be landed, handled, manufactured, reconfigured, and re-exported without the intervention of customs authorities.

7 FACTS ABOUT LEKKI FREE TRADE ZONE YOU DON'T  KNOW BY DENNIS ISONG

It is a region where a group of countries has agreed to reduce or eliminate trade barriers, the basic objective being to enhance foreign exchange earnings, develop export-oriented industries and generate employment opportunities for the host country.

 

During the former governor of Lagos state administration, Bola Ahmed Tinubu, Lekki free trade zone was initiated and put into progress. When he left, the next governor, Babatunde Fashola, continued the project and after his regime, Akinwunmi Ambode seemed to give more attention to it. Right now, with Governor Jide Sanwoolu’s regime, it is more pronounced.

 

What you should know about the Lekki free trade zone…

 

  1. Area size

 

Lekki free trade zone covers a total area of about 155 square kilometers in the Ibeju Lekki local government area, Southeast of Lagos, Nigeria, about 50 km from the city center. This zone has been designed to become a new Lagos and has been granted a series of preferential policies and incentives, and designated as a special economic zone inside Nigeria.

 

Lekki’s free trade zone has provided an ideal platform to open up the diverse markets for all investors and enterprises in the world. It is already a unique landmark of the future development of Lagos state and Nigeria as a whole.

 

  1. Profitable collaboration

 

Lekki’s free trade zone is a major catalyst for the development of Lagos state brought about by a collaboration of the Chinese and Nigerian governments. Currently, the zone is under the management of the Lekki free zone development company.

 

  1. History making

Lekki free trade zone is the first private free trade zone in Nigeria and is known to be the biggest in West Africa.

 

  1. The frontier of tomorrow’s enterprise

 

By the time all the infrastructure that is planned starts operation, Lekki free trade zone is going to become the leading hub and major driver of the Nigerian economy and west Africa as a whole.

 

  1. Fast attracting investors

By having great transportation conditions both by land, sea, and air as well as its unique geographical and regional advantages, the zone serves as the best platform for any investors and enterprises who desire to open up to markets all over Africa, Europe, and the USA.

Already, the integrated agrochemical factory built by Candel FZE, a leading agrochemical company, has been commissioned. There are several other multi-billion dollars investments driven by various Chinese companies.

 

  1. It is a fastest-growing zone

According to a world bank report, Lekki free trade zone is the fastest free zone in the world.

 

  1. Lekki free trade zone will turn out a massive job opportunity

 

Lekki’s free trade zone project alone is expected to churn out 300,000 direct jobs and 600,000 indirect jobs with the Dangote oil refinery expected to create employment for 235, 000 people.

 

Just imagine how people will be coming into the zone both within and outside the country, you can only see this as an opportunity if you are smart.

 

 

With the construction of the; Lekki deep sea port, the new international airport, the Dangote oil refinery, pan Atlantic university, St. Augustine university, eleganza industrial city, different beach resorts, the proposed 4th mainland bridge, and other amazing infrastructure, it is obvious that an investment in the land around Ibeju-Lekki will reap massive returns a few years from now.

 

Power oil and Indomie factories are already set up in the area. So, whether you are buying land for residential buildings or selling when the price comes up, you are on the right track.

 

 

Dennis Isong Helps Nigerians In Diaspora To Get Property In Lagos Stress Free. Download this GIFT “Real Estate Guide 101”.CLICK THE LINK BELOW TO  DOWNLOAD  FOR FREE  https://landproperty.ng/free

 

 

 

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Family Accuses Kwara Police of Torturing Man to Death Over Debt, Investigation Underway

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Family Accuses Kwara Police of Torturing Man to Death Over Debt, Investigation Underway

Family Accuses Kwara Police of Torturing Man to Death Over Debt, Investigation Underway

 

The death of 35-year-old Jimoh AbdulQodir Tunji in the custody of the Kwara State Police Command has left his family and the local community in shock, with accusations of police brutality emerging after the man’s tragic passing.

Tunji, a poultry farmer, was allegedly arrested on Friday, December 20, following a petition filed by his employer over an unpaid debt of N220,000. His family has accused police officers of torturing him to death while in custody, a claim that has sparked widespread outrage.

A heartbreaking video surfaced online on Sunday, showing Tunji’s grieving mother and relatives accusing the police of causing his death. In the emotional footage, his mother tearfully cried out, “My son did not kill anyone. He only owed someone. They have killed my son. Please, come to my aid. The police at the headquarters have killed my son. His name was Kadri. He was a good boy in the community. They beat him to death in police custody. They didn’t allow us to see him. Blood was gushing out of his nose.”

In response to the allegations, the Kwara State Police Command released a statement confirming the incident. The police spokesperson, Ejire-Adeyemi Toun, stated that Tunji had been invited by the police on charges of obtaining money by “false pretence” and confirmed that an investigation had already begun to determine the cause of death.

“The Kwara State Police Command is aware of an unfortunate incident that led to the tragic loss of one Mr. Jimoh AbdulQodir, which occurred on December 20, 2024,” the statement read. “The deceased was invited on an alleged case of obtaining money by false pretence to the sum of N220,000. Discreet investigations into this incident have commenced to ascertain the cause. Further developments on the outcome will be communicated as it progresses, as no stone will be left unturned.”

The case has drawn significant attention, as it marks the third time in under five months that the Kwara State Police have been implicated in the death of a suspect. Earlier this year, police officers were accused of causing the deaths of 27-year-old Suleiman Olayinka, an asthmatic patient, and Kwara State Polytechnic student Ishola Abdulqoyum, who was allegedly fatally shot by officers in September.

In a bid to ensure accountability, the Inspector-General of Police (IGP), Kayode Adeolu Egbetokun, instructed the Force Criminal Investigations Department (FCID) to take over the investigation into Tunji’s death. The IGP expressed his condolences to the bereaved family and reassured the public of a thorough and impartial investigation.

During a meeting with the family on Sunday, the IGP said, “The IGP has ordered the FCID to handle the case with utmost diligence and ensure a conclusive and impartial investigation. He further reassured the family and the general public that the Nigeria Police Force remains committed to upholding the highest standards of accountability, professionalism, and respect for human rights.”

The case has reignited concerns about police brutality in Kwara, as the region grapples with rising incidents of alleged police violence. As the investigation unfolds, the family and the public are closely watching to see if justice will be served.

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Seven Dead in Light Aircraft Crash in Jalisco, Mexico

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Seven Dead in Light Aircraft Crash in Jalisco, Mexico

Seven Dead in Light Aircraft Crash in Jalisco, Mexico

 

At least seven people have died following the crash of a light aircraft in a remote, heavily forested area of Jalisco, western Mexico, local authorities confirmed on Sunday.

The aircraft, a Cessna 207, was en route from La Parota in the neighboring state of Michoacan when it went down. Jalisco Civil Protection reported the crash site was in an area difficult to access, complicating rescue and recovery operations.

In a statement on social media, Civil Protection confirmed that “preliminary reports” from the scene indicated that seven people had died. Their identities have not yet been released, and authorities are working to confirm further details.

The agency also mentioned that a fire at the crash site was extinguished, and risk mitigation efforts were carried out to prevent additional damage. “We are waiting for forensic investigators to arrive to remove the bodies and rule out the presence of other victims,” the statement added.

The cause of the crash remains under investigation, with authorities working to gather more information on the incident.

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Oriyomi Hamzat Speaks Out on Ibadan Funfair Stampede, Blames Parents for Chaos

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Oriyomi Hamzat Speaks Out on Ibadan Funfair Stampede, Blames Parents for Chaos

 

Media personality Oriyomi Hamzat has broken his silence regarding the tragic stampede that occurred at a funfair event in Ibadan, shifting blame onto parents for the chaotic situation that led to casualties. In a detailed recount of the incident, Hamzat defended Prophetess Naomi, the event organizer, and highlighted the various challenges faced during the event’s preparation and execution.

 

In his statement, Hamzat shared that he had visited the venue the day before the event to inspect the arrangements. During this visit, he underscored the importance of proper security and crowd management. He emphasized the need for efficient ticketing and insisted on printing 5,500 tickets to manage the expected crowd, noting that the audience in Ibadan might behave differently compared to other locations where similar events had been held.

A Safer Tomorrow: Lessons from a Tragic Event

Despite these preparations, things began to spiral out of control early on the event day. By 4 a.m., parents had already started gathering at the venue, even though the program was scheduled to begin at 10 a.m. By 5:45 a.m., Hamzat arrived to find blocked roads and scenes of desperation, with mothers throwing their children over the fence in an attempt to secure entry. Tragically, one child died after hitting his head on the ground when his mother threw him over the fence, assuming someone would catch him.

 

Hamzat criticized the parents’ reckless actions, questioning how Prophetess Naomi could be blamed for such behavior. He expressed disbelief that the responsibility for the tragedy was being placed on the shoulders of the event’s organizer, who had made significant efforts to ensure the event’s safety.

“A day before the funfair, I went to inspect the venue to ensure that all the necessary things were in place. Prophetess Naomi was there and she said the place was more spacious than the venue they originally intended to use,” Hamzat explained. “I asked about the security arrangement, and she assured me that security would be on site by 8 a.m. I told her and the team that Ibadan is different from other places and promised to provide 200 boys who would be handing out tickets to the children. Initially, there were no plans to use tickets.”

He continued, recounting his arrival at the venue early in the morning, where he found the situation already deteriorating. “I arrived at 5:45 a.m. and saw a massive crowd. Roads were blocked, and mothers were already throwing their kids over the fence. The event was scheduled to start at 10 a.m., and security wasn’t due until 8 a.m. I began begging everyone to go home, but they wouldn’t listen. By 7 a.m., the stampede had started.”

Hamzat also revealed that despite anticipating 5,000 children, Naomi had rented 7,000 chairs, as he had advised her to make provisions for mothers who would bring their kids. He further criticized the behavior of some parents, with one woman reportedly bringing 19 children to the venue.

“The stampede occurred because of the actions of the parents, not due to any lack of planning by Prophetess Naomi or her team,” Hamzat said. “How can it be Naomi’s fault when over 2,000 mothers threw their children over the fence as early as 4 a.m.?”

The tragedy has raised serious concerns over crowd management and safety at public events, and Hamzat’s statements have sparked a wider conversation about the role of event organizers and parents in ensuring the safety of attendees.

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