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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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LAGOSIANS Calls for Removal of INEC Resident Electoral Commissioner over alleged bias against Igbos in Lagos

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LAGOSIANS Calls for Removal of INEC Resident Electoral Commissioner over alleged bias against Igbos in Lagos

LAGOSIANS Calls for Removal of INEC Resident Electoral Commissioner over alleged bias against Igbos in Lagos.

By Ifeoma Ikem 

A group known as Leaders After God’s Own Spirit Initiating A New State, LAGOSIANS, have called for the immediate removal of INEC REC, Segun Agbaje, following reports of a statement he made during a live TV interview on Channels where he gave reasons why people in Okota, Oshodi Local Government Area, cannot get their PVCs and inferred that the Igbos in the area were immigrants.
LAGOSIANS Calls for Removal of INEC Resident Electoral Commissioner over alleged bias against Igbos in Lagos
A statement by the Convener of the group, Dr. Bolaji O Akinyemi which was titled: Conspiracy against Democracy: INEC REC; Segun Agbaje’s Outburst, Other Matters Arising, accused the INEC REC of being complicit in a plan to disenfranchise Igbos in Lagos.
“in a reckless political communication known only with thugs, he made it clear that the reason they cannot have their PVC is because many of them are from the South East part of the country, inferring that they are immigrants.”
The group also alleged that there is fear in Lagos about a possible repeat of the Inconclusive election as it happened in Osun 2018 governorship election while Agbaje was the INEC REC at the time before his redeployment to Lagos.
“One could possibly have overlooked his transfer to Lagos as an internal issue to which the commission has right to, but not after his uncharitable comment about Igbos in Lagos. On moral grounds, Segun Agbaje should by now be on his way out of INEC without a petition or protest. Agbaje is a stigma on the integrity of the Mahmood Yakubu led INEC. INEC Chairman can’t keep a tribal bigot and nepotistic personality in his system and keep the integrity of his organization,” the statement read.
The group while dismissing any planned protest against the fuel and cash scarcity which it said is being instigated by those who crushed the #ENDSars protest in Lagos using the army, however asked LAGOSIANS to rise against what it called injustice meted against the Igbos in Lagos.
The statement said: “The only protest acceptable for now is Segun Agbaje must go! Our only hope for a better and greater future is the grand national protest scheduled for the 25th of February 2023! Our placards being our PVCs, anything that will compromise the system to oversee a free and fair election must be gotten rid of.
Agbaje has done it before and by his comment on the Igbos, the signs are obvious of what he is capable of. If Igbo will votes in Lagos, and their votes will count like that of every other tribe, then Agbaje must not remain INEC Resident Electoral Commissioner in Lagos state,” it added.
Dr. Akinyemi who is also the Convener of the Apostolic Round Table, while appreciating the endurance of Nigerians affected by the economic woes occasioned by scarcity of cash and fuel, also encouraged registered voters to ensure they collect their PVC in order to vote in the election, adding that any attempt to manipulate the polls should be met by the mother of all protests.
“Be prepared for pay back with figures beyond their manipulations and if in conspiracy with INEC, they serve the BVAS breakfast after the people’s victory as they did in Osun recently, then the mother of all protests can follow but till then, Segun Agbaje must go! We will cast our votes, ensure it is counted and our elected President announced, inaugurated and running the country!”

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Valentine Bash: As He dey Hot! Oritsefemi and your Boy SEIDU are set to light up Roseview court hotel & Apartment as it celebrates its 12th Anniversary and special St. Valentine’s day  Celebration.

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Valentine Bash: As He dey Hot! Oritsefemi and your Boy SEIDU are set to light up Roseview court hotel & Apartment as it celebrates its 12th Anniversary and special St. Valentine's day  Celebration.

Valentine Bash: As He dey Hot! Oritsefemi and your Boy SEIDU are set to light up Roseview court hotel & Apartment as it celebrates its 12th Anniversary and special St. Valentine’s day  Celebration.

All road leads to the renowned hospitality outfit,  Roseview Court Hotel & Apartment situated in the Alagbole Akute  Ogun state Nigeria. As their mission statement connotes  “hospitality unspeakable @budget price” Roseview court is synonymous with all-round top-notch service in hospitality.
The outfit is set to mark its 12 years anniversary of Scintillating hospitality services at budget price  to all its customer across the world.
Valentine Bash: As He dey Hot! Oritsefemi and your Boy SEIDU are set to light up Roseview court hotel & Apartment as it celebrates its 12th Anniversary and special St. Valentine's day  Celebration.
According to its public relations officer, famous double wahala crooner will be performimg live along side your boy SEIDU and other major artiste across the country to celebrate its 12 years anniversary,  and lovers day on valentine.
At a media parley with the press on  line up of activities  to celebrate the outfit 12 years of service,  The  chairman of Roseview Group Hon.Bemigho Eyeoyibo said we are very happy to celebrate our 12 years of good service to our numerous clientele,  though the entire globe with Nigeria not an exception  is experiencing a downtime especially in the hospitality industry but we still keep and maintain our standard all glory to God,  Roseview  Court Hotel & Apartment today can compete with any Hotel around the world when it comes to modern hospitality service,  we have been able to give our service above board,  this explains it is a yearly ritual to celebrate our customers.
Programme lined up includes dance,Karaoke,games,raflle draw,drinks,candle light dinner amongst other freebies.The celebrations will also herald the launching of our new 3 bed apartment wing.

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Tinubu hails Nigerian Governors over Supreme Court ruling on CBN Naira Swap policy 

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Tinubu hails Nigerian Governors over Supreme Court ruling on CBN Naira Swap policy 

Tinubu hails Nigerian Governors over Supreme Court ruling on CBN Naira Swap policy 

All Progressives Congress Presidential Candidate, Asiwaju Bola Ahmed Tinubu has hailed the Governors of the 36 states for standing on the side of the Nigerian people over the Central Bank new Naira and cashless policies that have subjected the masses to pains.
Tinubu hails Nigerian Governors over Supreme Court ruling on CBN Naira Swap policy 
According to Asiwaju Tinubu, the Governors especially the APC Governors who instituted the suit against the CBN and Federal Government at the Supreme Court acted well on behalf of the hapless Nigerians who have been made to bear the brunt of Naira redesign policy that has been poorly implemented.
The Supreme Court on Wednesday morning in a law suit brought before it by the governments of Zamfara, Kogi and Kaduna States gave an interim injunction against the CBN and Federal Government,  allowing the old N200, N500 and N1000 to remain legal tender beyond February 10 deadline until the case is fully disposed.
Following  the apex court ruling, Asiwaju Tinubu noted that the governors  have saved the country from  a needless political and economic crises and miseries which have clearly become the unintended consequences of the monetary policy of the apex bank.
Asiwaju Tinubu noted that the Supreme Court ruling coincided with the advisory of the International Monetary Fund urging for the extension of the deadline for the swap of the old naira notes, going by the problems being experienced across the country in getting the new notes.
“I want to salute the courage of our Governors and most especially the Progressives Governors in APC who acted to save our country from avoidable and dangerous political crises and social unrest which the Central Bank policy on new Naira notes has brought on our country.
“Our country was dangerously careering toward anarchy and political and economic shutdown.  But with the Supreme Court interim ruling our country has been pulled back from the precipice. We thank our Supreme Court Justices for ruling wisely on the side of the people who have been subjected to undue agony and pains since this policy was announced.
“The Federal Government and relevant stakeholders can now sit down and work out better framework on how to proceed with the new policy without causing any social and economic disruption and inconvenience to our people. We have examples of other countries that have successfully and seamlessly changed their currencies to learn from.
“Those countries give a long time, at least 12 months to effect the currency change. They do not engage in CBN-like Fire Brigade approach.
“We have seen how a good policy can be poorly implemented to cause unintended problems for the people who should be the beneficiaries. While lessons have been learnt, we must now move on as a country and people with a Renewed Hope for a better tomorrow.
“The sole aim of my running to be the president of our country is to make life better and more abundant for our people and this is an ideal for which I will remain eternally committed to.”
Asiwaju Tinubu called on the CBN to ensure that the Supreme Court ruling is effectively executed by taking all necessary steps to (i) ensure sufficient availability of Naira notes (whether old or new) and (ii) properly sensitising the public on the ruling and the consequent validity of old Naira.

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