FG eyes 25,000 jobs from Lagos textile zone

The Managing Director of the Nigeria Export Processing Zones Authority, Dr Olufemi Ogunyemi, has stated the Lekki Textile and Garment Particular Financial Zone venture situated within the Eyin-Osa space of Epe, Lagos State, will generate 5,000 direct and over 20,000 oblique jobs when operational.

Ogunyemi made the remarks whereas disbursing money compensation to the seven Eyin-Osa households that contributed the 240.09 acres of land for the Federal Authorities venture.

A press release issued by the NEPZA Head, Company Communications, Martins Odeh, disclosed this on Sunday in Abuja.

The MD, represented by Mrs. Chika Ibekwe, Director of Zone Operations, stated that the group could be frequently regenerated, including that the advantages that will accrue from the gestures would spill over to a number of generations.

The beneficiaries included households of Olayinka Salami, Aderenle village, Muhammed Balogun, Bashorun Seidu, Iyanda, Matanmi Mobolaji, in addition to the Agara Onileyan respectively.

“The area will generate 5,000 direct and over 20,000 oblique jobs for the nation, simply as it can serve the export markets of the South-West area.

“There are a lot of advantages to realize from the SEZ, together with employment era, particularly to the local people, the chance for backward linkage, enchancment of infrastructure community across the venture, and others too quite a few to say now,” he stated.

Ogunyemi additional stated that the event was in step with the targets and targets of the Federal Authorities’s Financial Restoration and Development Plan.

He, nevertheless, said that the present administration of President Bola Tinubu is not only involved in attracting Overseas Direct Investments by way of the Free Commerce Zone Scheme however was additionally within the improvement of all of the host communities.

“This train is to start the appliance of the Authority’s new idea of Group Social Regeneration to be able to open a brand new chapter of cooperation and mutual understanding to foster unhindered progress of the free commerce operations throughout the nation.

“NEPZA has since re-aligned its mandate with the administration’s financial coverage to ship the Renewed Hope Agenda of the president.

“NEPZA won’t draw back from main the nation on the trail of financial progress. The Lekki Textile and Clothes SEZ venture is already attracting funding curiosity to this distant space of Lagos.,” Ogunyemi stated.

Ogunyemi additionally defined that the Federal Authorities had taken steps to copy the financial scheme throughout the six geopolitical zones, including that extra states ought to leverage the speedy improvement potentials of the scheme.

In line with him, the Lekki Textiles and Garment SEZ may even function hubs for Info and Communication Expertise, Agro-industries, in addition to world-class sports activities and group improvement centres.

On his half, the president of Eyin-Osa United Kingdom Growth Affiliation, Muftau Shittu, the umbrella affiliation for the host group, stated that the realm had been occupied by their forefathers for over 500 years.

He stated that in the beginning, the enclaves and villages that constituted the group had lived in peace practising financial actions reminiscent of farming, looking, fishing, brewing of scorching drinks and timber lumbering.

Shittu nevertheless, stated that bother began in mid-year 2003 when teams of land grabbers began claiming possession of Eyin-Osa lands from the unique and rightful house owners.

In line with him, in Might 2008, with out due diligent data, the lands had been expropriated to the Lekki Free Commerce Zone, and the journey for satisfactory compensation with the Lagos State Authorities started.

“We’re delighted right now for this humane strategy of the federal authorities by way of NEPZA. The group can solely think about these good gestures as many of the earliest guarantees weren’t saved. We now have NEPZA administration and authorities which are critical about regenerating the Eyin-Osa land.

“We’re glad to cede the entire of 240.09 acres to NEPZA for the financial emancipation of our land. We pray that this cooperation and the steps to regenerate our folks change into everlasting,” he added.