National Economy
Wednesday, October 1, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home Business

NEPZA, NDLEA Deepen Collaboration To Strengthen Free Trade Zones Oversight

by Ngozi Ibe
1 month ago
in Business
Reading Time: 2 mins read
NEPZA,NDLEA
Share on FacebookShare on TwitterShare on Telegram

The Nigeria Export Processing Zones Authority (NEPZA) and the National Drug Law Enforcement Agency (NDLEA) have agreed to strengthen collaboration to enhance oversight and ensure compliance within the country’s Free Trade Zones (FTZs).

The managing director/chief executive officer of NEPZA, Dr. Olufemi Ogunyemi, stated this during a meeting with the chairman/chief executive officer of NDLEA, retired Gen. Buba Marwa, on Monday in Abuja.

Ogunyemi raised concerns about reports that some NDLEA officers allegedly insist on inspecting all containers destined for certain FTZs, warning that such practices could undermine the federal government’s one-stop-shop framework designed to streamline operations within the zones.

He stressed the need for all key government agencies operating in the FTZ ecosystem to align with the one-stop-shop model, noting that the framework was introduced to stimulate investment and drive economic revitalisation.

You May Like

Nigeria at 65: Completing the Work of Freedom

Nigeria’s London Mission Staff Trained On Data Privacy Compliance

“As you know, NEPZA is the government agency responsible for licensing, monitoring, regulating, and facilitating investment into Nigeria’s Free Trade Zones. We have been performing these duties for more than 30 years,” Ogunyemi said.

The NEPZA boss explained that the Act establishing the Authority empowered it to invite NDLEA for joint inspections of goods and containers only when there was reasonable suspicion. This, he noted, ensures transparency while preventing unnecessary interference with legitimate trade.

He reaffirmed NEPZA’s commitment to eliminating any violations of Nigerian laws within the zones, while commending the NDLEA for its efforts in maintaining a drug-free environment under Marwa’s leadership.

In his response, Marwa pledged the NDLEA’s continued support for deeper cooperation with NEPZA, stressing that both agencies must work closely to safeguard the integrity of the Free Trade Zones.

“The two agencies must henceforth intensify collaboration to fulfil their mandates without interfering with each other’s work,” Marwa said.

Both leaders agreed that their renewed partnership would be guided by the Federal Government’s Renewed Hope Agenda, which prioritises inter-agency synergy, transparency, and good corporate governance.

Tags: NDLEANEPZA
ShareTweetShare
Previous Post

Yuan Strengthens To 7.1322 Against Dollar

Next Post

NGX Market Rebounds, Investors Gain N60bn

ANOTHER GOOD READ

Nig@65: NDPC Act Boosts Nation’s Economic, Global Image – Expert
Business

Nigeria at 65: Completing the Work of Freedom

6 hours ago
Business

Nigeria’s London Mission Staff Trained On Data Privacy Compliance

7 hours ago
Experts Warn: Banking Without AI Is A Losing Strategy
Business

Experts Warn: Banking Without AI Is A Losing Strategy

7 hours ago
Nig@65: NDPC Act Boosts Nation’s Economic, Global Image – Expert
Business

Nig@65: NDPC Act Boosts Nation’s Economic, Global Image – Expert

8 hours ago
Trade Fair Vendors Decry Low Patronage, Express Optimism
Business

Trade Fair Vendors Decry Low Patronage, Express Optimism

8 hours ago
SON Raises Alarm Over Influx Of Fake Engine Oil In Nigeria
Business

Global Economy Loses $4.7trn Annually To Fraud – SON

8 hours ago
Next Post
NGX Records N22.9bn Turnover

NGX Market Rebounds, Investors Gain N60bn

Most Recent

Nig@65: NDPC Act Boosts Nation’s Economic, Global Image – Expert

Nigeria at 65: Completing the Work of Freedom

October 1, 2025
NASRDA Pushes Space Education

NASRDA Pushes Space Education

October 1, 2025

Nigeria’s London Mission Staff Trained On Data Privacy Compliance

October 1, 2025
Experts Warn: Banking Without AI Is A Losing Strategy

Experts Warn: Banking Without AI Is A Losing Strategy

October 1, 2025
Nig@65: NDPC Act Boosts Nation’s Economic, Global Image – Expert

Nig@65: NDPC Act Boosts Nation’s Economic, Global Image – Expert

October 1, 2025
Trade Fair Vendors Decry Low Patronage, Express Optimism

Trade Fair Vendors Decry Low Patronage, Express Optimism

October 1, 2025
SON Raises Alarm Over Influx Of Fake Engine Oil In Nigeria

Global Economy Loses $4.7trn Annually To Fraud – SON

October 1, 2025
AfDB, Partners Raise $2.2bn For Agro Zones Expansion

AfDB, Private Sector Leaders Forge Stronger Alliance For Africa’s Growth

October 1, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy