• About Us
  • Terms & Conditions
  • Contact Us
Wednesday, May 31, 2023
Investogist
No Result
View All Result
  • Home
  • News
    • All
    • Africa
    • Nigeria
    • World
    Breaking: NNPC stations selling fuel above ₦500 in Port Harcourt and other cities

    Breaking: NNPC stations selling fuel above ₦500 in Port Harcourt and other cities

    Senate Amends ICPC Act – Writers of false petitions to get two years jail term

    Senate Amends ICPC Act – Writers of false petitions to get two years jail term

    Obi’s counsel tenders Tinubu’s drug-related document before Tribunal, calls first witness

    Obi’s counsel tenders Tinubu’s drug-related document before Tribunal, calls first witness

    Fubara retains four commissioners under Wike’s govt

    Fubara retains four commissioners under Wike’s govt

    NNPC says no plan to increase petrol price in March

    Shettima, House of Reps, NNPCL back Tinubu’s removal of fuel subsidy

    FG agrees to pay $496 million as settlement claim for Ajaokuta Steel, others

    Court upholds FG’s ‘No Work No Pay’ policy in suit against ASUU

    Davido says his performance at Alex Otti’s inauguration was for free

    Davido says his performance at Alex Otti’s inauguration was for free

    BREAKING: Russia suspends participation in last remaining nuclear treaty with U.S.

    Ukraine strikes Moscow with eight drones, Russia confirms

    Filling Stations shutdown, hike fuel prices, queues return over subsidy

    Filling Stations shutdown, hike fuel prices, queues return over subsidy

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Senate sits on Saturday, increases Ways and Means borrowing from 5% to 15%

    Senate sits on Saturday, increases Ways and Means borrowing from 5% to 15%

    Update: Central Bank of Nigeria instructs banks to close accounts related to Crypto

    BREAKING: CBN raises interest rate to 18.5% amid rising inflation

    JUST IN: Nigeria’s inflation rate hits 19.64% – highest since 2005.

    Inflation rate hits 22.22% in April, highest in 14 years

    Telcos kick as FG plan 12.5% call tax

    FG re-introduces 5% excise duty on telecom services in new fiscal policy

    Headline Inflation in Nigeria rose to 22.04% in March

    Headline Inflation in Nigeria rose to 22.04% in March

    Nigeria’s total public debt rises by over 20% YoY to N32.92 trillion

    Nigeria’s total debt rose to N46.25 trillion in 2022, 84.73% of bilateral debt owed to China

    Update: Central Bank of Nigeria instructs banks to close accounts related to Crypto

    CBN raises interest rate for the 6th consecutive time

    Russia Economy contracts by 2.1% in 2022, far below western predictions

    Russia Economy contracts by 2.1% in 2022, far below western predictions

    Nigeria’s total public debt rises by over 20% YoY to N32.92 trillion

    FG explains why Nigeria’s total debt will rise to N77 trillion by the end of May 2023

    • Policies
    • Budgets
    • Economic Data
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Local Bourse closed in Bullish Territory… As NGX-ASI at 0.31%

    The NGX- ASI gained 5.22% on bullish performance

    FY 2020: Unilever Nigeria Plc remains in loss despite revenue growth

    The NGX- ASI increased by 0.48% as Unilever gained 9.70%

    Nigeria’s GDP grows 5.01% YoY in real terms in Q2 2021

    The NGX- ASI increased by 0.35% despite negative market sentiment

    Nigeria’s GDP grows 5.01% YoY in real terms in Q2 2021

    The NGX- ASI Gained 0.31% as NB rose another 9.63%

    FY 2020: Nigerian Breweries Plc reports 54.3% decline in profit

    The NGX- ASI Increased By 0.36% as NB rises 9.97%

    Delisting of Access Bank Plc and listing of Access Holdings Plc

    The NGX- ASI declined by 0.09% as ACCESSCORP falls 3.32%,

    MTN Nigeria to pay over N200 billion final dividend for 2022

    List of Dividends announced in 2023, qualification and payment dates

    Femi Otedola sales N820.67mn worth of Geregu Power Plc Shares

    Femi Otedola sales N820.67mn worth of Geregu Power Plc Shares

    Lasaco Assurance Plc suffers maximum possible loss on NSE as suspension is lifted

    The NGX ASI Closed Negative By 0.75% as BUA Cement loses 8.02%

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Breaking: NNPC releases statement on fuel price adjustment

    Breaking: NNPC releases statement on fuel price adjustment

    Oando kicks-off test of electric vehicles for mass transportation in Lagos

    Oando kicks-off test of electric vehicles for mass transportation in Lagos

    Seplat says ‘no official notification’ on Buhari’s reversal of approval for ExxonMobil deal

    Seplat extends, revises Mobil Producing Nigeria purchase deal

    Zenith Bank’s Board of Directors approve payment of final dividend for 2022

    Zenith Bank Directors acquired 17.78mn shares of the bank

    Caverton posts N566.05mn profit for Q1 2023

    Caverton posts N566.05mn profit for Q1 2023

    Seplat Energy announces US3 cents interim dividend for Q1 2023

    Seplat Energy announces US3 cents interim dividend for Q1 2023

    Tengen Holdings acquires 220mn shares of Access Holdings Plc

    Tengen Holdings acquires 220mn shares of Access Holdings Plc

    Tony Elumelu’s HH Capital Limited acquires millions of UBA shares

    Tony Elumelu’s HH Capital Limited acquires millions of UBA shares

    Acquisition: Court orders a meeting of Union Bank Plc shareholders

    Acquisition: Court orders a meeting of Union Bank Plc shareholders

    • Companies
    • Industry
    • Technology
  • Sports
    • Football
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    North-West, South-West lead as INEC registers 96.2 million, Rivers overtakes Katsina

    ELECTION: How to check your polling unit, code online

    4 things to consider before buying a laptop

    4 things to consider before buying a laptop

    How to move to Canada by starting a business – Part 1

    How to move to Canada by starting a business – Part 2

    How to move to Canada by starting a business – Part 1

    How to move to Canada by starting a business – Part 1

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Financial Education
  • Vacancies
  • Home
  • News
    • All
    • Africa
    • Nigeria
    • World
    Breaking: NNPC stations selling fuel above ₦500 in Port Harcourt and other cities

    Breaking: NNPC stations selling fuel above ₦500 in Port Harcourt and other cities

    Senate Amends ICPC Act – Writers of false petitions to get two years jail term

    Senate Amends ICPC Act – Writers of false petitions to get two years jail term

    Obi’s counsel tenders Tinubu’s drug-related document before Tribunal, calls first witness

    Obi’s counsel tenders Tinubu’s drug-related document before Tribunal, calls first witness

    Fubara retains four commissioners under Wike’s govt

    Fubara retains four commissioners under Wike’s govt

    NNPC says no plan to increase petrol price in March

    Shettima, House of Reps, NNPCL back Tinubu’s removal of fuel subsidy

    FG agrees to pay $496 million as settlement claim for Ajaokuta Steel, others

    Court upholds FG’s ‘No Work No Pay’ policy in suit against ASUU

    Davido says his performance at Alex Otti’s inauguration was for free

    Davido says his performance at Alex Otti’s inauguration was for free

    BREAKING: Russia suspends participation in last remaining nuclear treaty with U.S.

    Ukraine strikes Moscow with eight drones, Russia confirms

    Filling Stations shutdown, hike fuel prices, queues return over subsidy

    Filling Stations shutdown, hike fuel prices, queues return over subsidy

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Senate sits on Saturday, increases Ways and Means borrowing from 5% to 15%

    Senate sits on Saturday, increases Ways and Means borrowing from 5% to 15%

    Update: Central Bank of Nigeria instructs banks to close accounts related to Crypto

    BREAKING: CBN raises interest rate to 18.5% amid rising inflation

    JUST IN: Nigeria’s inflation rate hits 19.64% – highest since 2005.

    Inflation rate hits 22.22% in April, highest in 14 years

    Telcos kick as FG plan 12.5% call tax

    FG re-introduces 5% excise duty on telecom services in new fiscal policy

    Headline Inflation in Nigeria rose to 22.04% in March

    Headline Inflation in Nigeria rose to 22.04% in March

    Nigeria’s total public debt rises by over 20% YoY to N32.92 trillion

    Nigeria’s total debt rose to N46.25 trillion in 2022, 84.73% of bilateral debt owed to China

    Update: Central Bank of Nigeria instructs banks to close accounts related to Crypto

    CBN raises interest rate for the 6th consecutive time

    Russia Economy contracts by 2.1% in 2022, far below western predictions

    Russia Economy contracts by 2.1% in 2022, far below western predictions

    Nigeria’s total public debt rises by over 20% YoY to N32.92 trillion

    FG explains why Nigeria’s total debt will rise to N77 trillion by the end of May 2023

    • Policies
    • Budgets
    • Economic Data
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Local Bourse closed in Bullish Territory… As NGX-ASI at 0.31%

    The NGX- ASI gained 5.22% on bullish performance

    FY 2020: Unilever Nigeria Plc remains in loss despite revenue growth

    The NGX- ASI increased by 0.48% as Unilever gained 9.70%

    Nigeria’s GDP grows 5.01% YoY in real terms in Q2 2021

    The NGX- ASI increased by 0.35% despite negative market sentiment

    Nigeria’s GDP grows 5.01% YoY in real terms in Q2 2021

    The NGX- ASI Gained 0.31% as NB rose another 9.63%

    FY 2020: Nigerian Breweries Plc reports 54.3% decline in profit

    The NGX- ASI Increased By 0.36% as NB rises 9.97%

    Delisting of Access Bank Plc and listing of Access Holdings Plc

    The NGX- ASI declined by 0.09% as ACCESSCORP falls 3.32%,

    MTN Nigeria to pay over N200 billion final dividend for 2022

    List of Dividends announced in 2023, qualification and payment dates

    Femi Otedola sales N820.67mn worth of Geregu Power Plc Shares

    Femi Otedola sales N820.67mn worth of Geregu Power Plc Shares

    Lasaco Assurance Plc suffers maximum possible loss on NSE as suspension is lifted

    The NGX ASI Closed Negative By 0.75% as BUA Cement loses 8.02%

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Breaking: NNPC releases statement on fuel price adjustment

    Breaking: NNPC releases statement on fuel price adjustment

    Oando kicks-off test of electric vehicles for mass transportation in Lagos

    Oando kicks-off test of electric vehicles for mass transportation in Lagos

    Seplat says ‘no official notification’ on Buhari’s reversal of approval for ExxonMobil deal

    Seplat extends, revises Mobil Producing Nigeria purchase deal

    Zenith Bank’s Board of Directors approve payment of final dividend for 2022

    Zenith Bank Directors acquired 17.78mn shares of the bank

    Caverton posts N566.05mn profit for Q1 2023

    Caverton posts N566.05mn profit for Q1 2023

    Seplat Energy announces US3 cents interim dividend for Q1 2023

    Seplat Energy announces US3 cents interim dividend for Q1 2023

    Tengen Holdings acquires 220mn shares of Access Holdings Plc

    Tengen Holdings acquires 220mn shares of Access Holdings Plc

    Tony Elumelu’s HH Capital Limited acquires millions of UBA shares

    Tony Elumelu’s HH Capital Limited acquires millions of UBA shares

    Acquisition: Court orders a meeting of Union Bank Plc shareholders

    Acquisition: Court orders a meeting of Union Bank Plc shareholders

    • Companies
    • Industry
    • Technology
  • Sports
    • Football
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    North-West, South-West lead as INEC registers 96.2 million, Rivers overtakes Katsina

    ELECTION: How to check your polling unit, code online

    4 things to consider before buying a laptop

    4 things to consider before buying a laptop

    How to move to Canada by starting a business – Part 1

    How to move to Canada by starting a business – Part 2

    How to move to Canada by starting a business – Part 1

    How to move to Canada by starting a business – Part 1

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Financial Education
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home News

NEPZA to Integrate SMEs into Economic Zones

Thursday, 29 April 2021, 9:58 am
in News, Nigeria
0
NEPZA to Integrate SMEs into Economic Zones
Share Share Share Share Send as Email

Small and Medium Enterprises (SMEs) will soon be co-opted into the special economic zones in order to bolster growth in the Nigerian economy.

This was disclosed by the MD, Nigerian Export Processing Zones Authority (NEPZA), Prof. Adesoji Adesugba, in his keynote address at the 2021 World Intellectual Property Day Symposium which was virtually held.

According to Adesugba, “With more than 60 million Nigerians engaged in SMEs, the Federal Government will do good to consider the adoption of programs similar to Kenya’s to boost growth for these smaller companies.

“ The management of NEPZA is willing to canvass the support and approval of Mr. President for definite and sustainable initiatives that can help in the growth and development of national economy through the robust participation of the SMEs.

“In line with our plans to develop sectorial SEZs for different industries such as Medical SEZ, Agro-allied, Textile, etc. We may seek a strategic alliance with SMEDAN and the Nigerian Export Promotion Council (NEPC) to develop a joint SEZ program for SMEs.

“We can draw a good example from Kenya where SMEs have been deliberately integrated into the SEZ scheme through the “export business accelerator program.

SMEs are allowed to take up smaller spaces in incubator buildings located within SEZs’’, NEPZA boss said.

Lamenting the negative consequences of the pandemic, he said, “With the outbreak of COVID 19 pandemic and its grave economic consequences on the nations and individuals, there is no better time to seek for emergence of geniuses and ideas that can help transform our common loss to sustainable gains in all field of human endeavours especially in the health and economic sectors among others’’.

He maintained that one of the smartest strategies to accelerate exports is to increase the ”…exports of manufactured goods through the promotion of economic zones with fiscal and financial incentives to industrial production.”

“The national objectives for the adoption of the export processing zones scheme include promotion of job and wealth creation; foreign direct investment; technology transfer; foreign exchange earnings; backward integration/ linkages, and the government and NEPZA are fully committed to achieving this onerous mission.

“Since inception many other zones have been established. As of December 2020, a total number of 43 zones has been established and now at different stages of development and operation’’, the NEPZA managing director said.

Elaborating on the SEZ variant, the Chief Executive Officer further said that, “It is now possible to have an SEZ where all kinds of economic activities can take place including but not limited to manufacturing, processing, trading, services, educational, health and other kind of ancillary business activities.

“The choice of the theme for this year, IP and SMEs: Taking Your Ideas to Market, is not only timely, but also reflective of the global aspirations for every available solution to the various challenges facing the global communities’’, the NEPZA CEO said.

Azuka Edokobi
Azuka Edokobi

Azuka Edokobi is a Writer , a Farmer, a Supply Chain Expert and an Entrepreneur

Related Posts:

  • CBN to Integrate Non-Interest Window in its Loans to MSMEs and Households
    CBN to Integrate Non-Interest Window in its Loans to MSMEs…
  • NEPZA Partners NBS to Share ImpEx Data
    NEPZA Partners NBS to Share ImpEx Data
  • Breakdown of 44 roads FG is constructing with N162.5bn Sukuk Funds in the six geopolitical zones
    Breakdown of 44 roads FG is constructing with N162.5bn Sukuk…
  • CBN to Improve SMEs Finance Interventions
    CBN to Improve SMEs Finance Interventions
Previous Post

NGX Market Report: Index down by 1.33% on the back of price adjusted DANGCEM

Next Post

Nigeria Becomes Paxful’s Biggest Market in Cryptocurrency Trading

Next Post
Nigeria Becomes Paxful’s Biggest Market in Cryptocurrency Trading

Nigeria Becomes Paxful’s Biggest Market in Cryptocurrency Trading

Leave a Reply Cancel reply

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

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2023, qualification and payment dates

Breaking: NNPC releases statement on fuel price adjustment

Breaking: NNPC releases statement on fuel price adjustment

Obi’s counsel tenders Tinubu’s drug-related document before Tribunal, calls first witness

Obi’s counsel tenders Tinubu’s drug-related document before Tribunal, calls first witness

4 conditions to obtain Nigeria’s Brown Card for citizenship

Breaking: NNPC releases statement on fuel price adjustment

Breaking: NNPC releases statement on fuel price adjustment

Breaking: NNPC stations selling fuel above ₦500 in Port Harcourt and other cities

Breaking: NNPC stations selling fuel above ₦500 in Port Harcourt and other cities

Senate Amends ICPC Act – Writers of false petitions to get two years jail term

Senate Amends ICPC Act – Writers of false petitions to get two years jail term

Local Bourse closed in Bullish Territory… As NGX-ASI at 0.31%

The NGX- ASI gained 5.22% on bullish performance

Investogist
info@investogist.com

Follow us

Categories

  • Africa
  • Agriculture
  • Arts & Culture
  • Budgets
  • Business
  • Columnists
  • Commodities
  • Companies
  • Cryptocurrencies
  • Economic Data
  • Economy
  • Editorials
  • Financial Education
  • Football
  • Forex
  • Industry
  • Investogist Business Saturday
  • Job Opportunities
  • Markets
  • Nature
  • News
  • Nigeria
  • Op-ed
  • Opinion & Analysis
  • Places & People
  • Policies
  • Rates & Bonds
  • Sports
  • Stocks/Equities
  • Technology
  • Travel & Tours
  • Vacancies
  • World

Quick Links

  • News
  • Economy
  • Markets
  • Business
  • Opinion & Analysis
  • Travel & Tours

Newsletter

Copyright © 2023 investogist.com, All Rights Reserved

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us
No Result
View All Result
  • Home
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Business
    • Companies
    • Industry
    • Technology
  • Sports
    • Football
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Financial Education
  • Vacancies

Copyright © 2023 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

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

Log In

Add New Playlist