Kogi State secures NEPZA approval to develop Ajaokuta as an economic city

NEPZA

Kogi State secures NEPZA approval to develop Ajaokuta as an economic city

The Nigeria Export Processing Zones Authority (NEPZA) has officially issued Declaration License/Certificate for Ajaokuta Economic City Free Trade Zone to Kogi Government.

A statement by Kogi Commissioner for Information and Communications, Mr. Kingsley Fanwo, on Thursday in Lokoja, said the license signaled the formal take-off of one of Nigeria’s most strategic industrial corridors.

Fanwo said the certificate was presented to Gov. Ahmed Ododo at NEPZA Headquarters in Abuja, marking a historic milestone in Kogi’s economic transformation agenda.

The commissioner said the project is expected to attract significant investments and create thousands of jobs.

“The Ajaokuta Economic City Free Trade Zone is set to become a major economic driver for Kogi, with NEPZA officially issuing the License/Certificate of Declaration,” he stated.

According to Fanwo, NEPZA Managing Director, Olufemi Ogunyemi, congratulated Ododo and the people of Kogi for the feat.

“Ogunyemi expressed confidence in the state’s commitment to developing the Economic City into a thriving investment hub.

” Ododo thanked President Bola Tinubu for approving the project and assured that Kogi is determined to justify the confidence reposed in it.

“The governor also praised NEPZA for its guidance and support in securing the Free Trade Zone license.

“The project is expected to drive investment, job creation, export expansion, and sustainable economic growth, positioning Kogi as a key player in Nigeria’s industrial sector.

“With its strategic location, the Ajaokuta Economic City Free Trade Zone is poised to become the largest commercial and industrial corridor in the country,” Fanwo stated.