The Nigeria Export Processing Zones Authority, NEPZA has revealed that the free trade Zones in the country attracted 18.4 million dollars foreign direct investments in the first Quater of 2023.
The Authority in its Key Performance Indicator from 2020 to first quater, Q1 2023 released to journalists in Abuja revealed that a total of 364.6 million dollars Foriegn direct investments was recorded within 2020 and Q1 2023.
According to the report, local direct investment during the same period attracted 360.7 billion dollars.
In international export, the total sum of 102.9 million dollars was recorded while the total sum of 1.4trillion naira was recorded in domestic export within the period under review.
Domestic Import (Backward integration) attracted the sum of 298.6 billion naira during the period.
It also stated that the sum of 90.4 billion naira was realised from export duty while 30,741 jobs where created and 8,157 skills transfer was recorded between 2020 and Q1 2023.
Lateefah Ibrahim
