The Lekki Free Zone (LFZ) has generated approximately $5 billion in revenue through a diverse range of investments, including infrastructure, industries, and raw materials, according to Managing Director Bolatito Ajibode. Ajibode made this known during a media tour organized by the Nigeria Export Processing Zone Authority (NEPZA) in Lagos. Highlighting LFZ’s economic impact, Ajibode noted … Read more
Petroleum marketers in Nigeria have raised concerns about the negative impact of Dangote Refinery’s reduced diesel prices on their businesses. In a letter addressed to President Bola Tinubu, the marketers stated that the refinery’s recent decision to lower local diesel prices to ₦900 per litre is adversely affecting their operations. EDITOR’S PICKS Police Arrest Man … Read more
The Lekki Free Zone Development Company (LFZDC) was established in May 2006 as a Joint Venture Partnership pursuant to the Nigeria Export Processing Zones Act. It is located in the Southeastern corner of Lagos State. It faces the Atlantic Ocean to the south, and the Lekki Lagoon to the north. It is bordered with 5 … Read more
By Adesola Ikulajolu While no state government has overtly admitted to drawing inspiration and making imitations of Lagos, there are telltale signs of replicated patterns ideated by Lagos. Lagos is the first past the winning post. Sanwo-Olu’s terrain is not called the “Center of Excellence for Fun.” Rankings and ratings are known to place … Read more