Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Lagos assures investors of safe haven in Lekki Free Zone

    Lagos assures investors of safe haven in Lekki Free Zone

    May 25, 2016
    Share
    Facebook Twitter LinkedIn WhatsApp

    Kunle Kalejaye 25 May 2016, Sweetcrude, Lagos – The Lagos State Government has assured prospective investors at the Lekki Free Zone of its commitment to guaranteeing a safe haven for all investment in the area.

    Gov. Akinwunmi Ambode of Lagos State
    Gov. Akinwunmi Ambode of Lagos State

    The state commissioner for Commerce, Industry and Cooperatives, Rotimi Ogunleye disclosed this in Lagos, saying the government has overhauled the security network in the area in order to guarantee a safe haven for investment.

    According to him, the government is also engaging the host communities to ensure a sustainable cordial relationship with investors in the zone.

    Ogunleye noted that N1.6 billion has been released by the state government as part of its equity contribution in the Lekki Free Zone Development Company, LFZDC,  to boost the ongoing infrastructural development as well as encourage investors’ participation in the project.

    He hinted that the World Bank has recently listed the Lekki Free Zone as the fastest growing Free Zones in the world, adding that the products from the zone would be compliant with international standards as they would go through standardisation laboratories.

    The commissioner maintained that the LFZ project, which remains the flagship of the state government’s industrial development initiative, was conceptualised to provide enabling environment for industries to operate as well as attract both local and foreign direct investments into the state.

    Related News

    AEC condemns Greenpeace for ‘calculated attacks’ to hinder energy development

    Betolar’s metal extraction technology boost Anglo American’s drive towards circularity

    Nigeria eyes billions in green investments, to end gas flaring 2030

    E-book
    Resilience Exhibition

    Latest News

    NNPC/Shell’s ‘Vision First’ initiative in Lagos benefit thousands

    July 8, 2025

    AEC condemns Greenpeace for ‘calculated attacks’ to hinder energy development

    July 8, 2025

    Ghana launches task force to curb gold smuggling losses

    July 8, 2025

    Oil prices ease as traders assess US tariffs and OPEC+ output boost

    July 8, 2025

    Rivers Govt warns residents of imminent flood risk

    July 8, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.