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Enugu Free Zone set to attract $500m FDI, generates 20,000 jobs
The Enugu Free Zone is being structured to attract up to $500 million dollars (N240 billion) worth of foreign direct investments (FDI) from leading global manufacturing companies, as well as create 20,000 jobs.
Investment groups are scheduled to gather for a ground breaking ceremony of the Enpower Free Trade Zone (ENPOWER FTZ), which is expected to drive investment around the facility.
The event is scheduled to be hosted by Governor Ifeanyi Ugwuanyi of Enugu State on November 24.
Activities of the industrial clusters hosted in the free zone are also expected to create over 20,000 jobs across three major regions in the country.
Licensed by the Federal government to operate as a free trade zone in December, 2015, ENPOWER FTZ is a Public-Private initiative with the Enugu State government offering international and domestic investors the benefits of connecting to business opportunities from the South-Eastern cluster, which according to Canback & Company and the McKinsey Global Institute, is the second largest economic cluster in Nigeria, outside of the Lagos Cluster.
Governor Ugwuanyi and his government’s private project developers are positioning the free trade zone project as the biggest private sector investment support to the government’s economic recovery efforts.
Enpower is affiliated, as a full voting member; to the Dubai-based World Free Zones Organization (WorldFZO) and the Africa Free Zones Association (AFZA) respectively. It intends to function as a certified SMART-SUSTAINABLE & SAFE free trade zone.
The investment promoters intend to provide uninterrupted power supply via an embedded power arrangements, certify the free zone’s infrastructure and operations to globally accepted standards, operate the free trade zone as a one-stop investment destination by integrating all free zone operations with the documentation and cargo handling, customs, immigration administration processes to achieve an Ease of Doing Business rating equivalent to that of Dubai.
Besides, the ENPOWER FTZ is to host Africa’s first ever Nigeria-China “Dragon Market”, the second such manufacturing and wholesale centre, after the famous Dubai Dragon Market. Dragon Mart Dubai is the largest trading hub for Chinese products outside mainland China.
The industrial park also gives access to markets covered by the Economic Community of West African States (ECOWAS); South East Asian countries including China, India and Malaysia; the European Union including Czech Republic and Germany; and the untapped industrial heartland of South-Eastern Nigeria especially the commercial cities of Onitsha, Nnewi and Aba.
ENPOWER Free Zone is designed to accommodate up to 500 companies located in two Free Zone Areas at The Ninth Mile industrial area and the Akanu Ibiam international Airport.
The specialized industrial clusters to be developed within the free zone areas include the manufacturing Centre and whole-sale market; the Aviation and Aerospace Cluster; the Power, Utilities and Light Manufacturing Cluster; the Health Care Park; the Business and Hospitality Park; Technology and Digital Media Park; and the Chemicals and Agribusiness Cluster.
Through the North-East rail line, EMPOWER FTZ also offers export-processing opportunities for farmers and agro-allied producers in the northern part of the country to harness, upgrade and convert farm produce to finished goods.
Governor Ugwuanyi who consolidates on foundation efforts of former Governor Sullivan Chime on the project boasts that the ground breaking ceremony for the facility would bear the first set of investment fruits which will give highly needed momentum to his government’s economic diversification programme.
According to him, “Enpower FTZ has put in substantial efforts into attracting specific, targeted high-profile investors right from the outset. These anchor investors play an important signaling role to other potential investors, and we expect them to attract a network of suppliers and partners.”
The first set of investors with proposals for investment includes Air Stream Aviation Company which has committed to setting up a maintenance, repair and overhaul (MRO) facility for all the services relating to assuring aircraft safety and airworthiness. MROs play an essential role in sustaining the world’s airline fleets. It is estimated that the global market for MRO is worth up to $50 billion.
Also, Ethiopian Airlines is committed to setting up a regional Air Cargo hub at the Akanu Ibiam airport to support operations of Enpower FTZ.
The airline is the largest airline in Africa and currently the only airline operating international flights into the Akanu Ibiam Airport.
Zetor Tractors has committed to set up an Agricultural tractors manufacturing/Assembly plant with an initial capacity of 3000 units per annum for both Nigerian and export markets.
Chairman of MDACI Marcel Dione, A Czech based investment consulting company, noted that the Zetor plant will manufacture tractor units and accessories for sale not just in Nigeria, but across their Sub-sahara African market.
He restated that his company is facilitating financing as well as technology-transfer through a hybrid manufacturing business model.
“Zetor joins a growing list of companies from Europe, India, China and the United States as well as local breweries and a major truck assembly plant, who have committed to locate their projects in the free zone project.”
News
IGP Never Ordered Beating, Attacks On Policemen During Stop And Search. It Is A Lie – FPRO
The Nigeria Police Force wishes to address a viral fake news story that has emerged, claiming that Inspector-General of Police, IGP Kayode Adeolu Egbetokun, Ph.D., NPM., has instructed citizens to physically assault and throw stones at police officers who request to search their phones.
This claim is entirely false and has no basis in reality. The IGP has not issued any such directive encouraging violence against law enforcement officers. Instead, he has called on citizens to report instances of police misconduct through appropriate channels. This approach underscores the importance of accountability and maintaining the rule of law, rather than resorting to violent actions.
Members of the public are urged to make use of the following Police helplines & contacts to lay complaints whenever necessary: +2347056792065, +2349133333785, +2349133333786, @PoliceNG on X, @ngpolice on Facebook, and @nigeriapoliceforce on Instagram. Citizens can also contact us by mail through; pressforabuja@police.gov.ng and reach us through the police website at npf.gov.ng
Members of the public are advised to remain vigilant against misinformation and verify information through credible sources. The Nigeria Police Force remains committed to fostering a cooperative and trustful relationship between the police and the communities they serve.
ACP OLUMUYIWA ADEJOBI, mnipr, mipra, fCAI
FPRO, ABUJA.
22ND DECEMBER 2024.
News
Court stops customs from seizing imported rice in markets, seaports
A court of appeal in Kaduna has ruled that the Nigeria Customs Service (NCS) should not impound foreign rice in the open market or on highways.
In a judgment delivered on December 6, a three-member panel of justices led by Ntong Ntong held that existing laws restrict NCS’ enforcement to land borders only.
The judgment was delivered in an appeal filed by the NCS, against a decision of the federal high court that acquitted one Suleiman Mohammed, a businessman, of charges related to the importation of rice.
Customs had arrested Mohammed after seizing a truck carrying 613 bags of foreign rice and 80 bags of millet belonging to the businessman on June 14, 2019, along the Kaduna-Zaria expressway.
Mohammed was charged and arraigned on a two-count charge.
However, in a judgment delivered on November 10, 2021, Z. B. Abubakar, trial judge, acquitted the defendants of the charges.
Abubakar held that the plaintiffs (customs) failed to adduce enough evidence to prove that the defendant imported the goods.
The judge also held that there is no subsisting blanket ban on the importation of foreign rice as claimed by the plaintiffs.
“…the evidence led by the prosecution through PW1, PW2, PW3 and the Exhibits tendered has not established that the Defendant imported Exhibit ‘NCS B1-B612’. Even the investigation conducted by the complainant (Nigeria Customs Service Board) on Exhibit ‘NCS B1-B612,” the judge held.
“As a matter of fact, Exhibit ‘NCS D’ could not reveal who imported the said Exhibits or where they imported from.
“It should be borne in mind that importation of foreign rice is not absolutely or totally prohibited. It is only importation of the product through the land borders of this country that was proscribed by the Federal Government vide Circular No. NCS/TXT/1XE/045/S.416/VOL.1X of 18th March, 2016. The circular provided that foreign rice only be imported into the country through seaports.”
The trial judge held that the prosecution failed to show that the goods were imported through land borders, adding that “the said exhibits could have been imported through the seaport, and the court is entitled to presume so”.
Furthermore, the lower court held that “loading any foreign rice into a truck is not an offence under both Sections 46(b) and 47(1) (a) (ii) of Customs and Excise Management Act (CEMA) (Supra)”.
“It is the landing or unloading of goods or foreign rice at designated customs port CA/K/33/C/2022 or wharf that is prohibited by the aforementioned provisions of the Act,” the judge ruled.
‘APPEAL IS A HOAX’
Aggrieved by the trial court’s judgment, NCS filed an appeal.
However, the appellate court commended the trial court judge for “doing justice in the evaluation of the law and evidence adduced before it”.
Ntong said he agreed with the arguments put forward by the respondent’s lawyer and the judgment of the trial court.
“Truly, I also agree with the learned trial judge, that Kaduna-Zaria expressway is not a “Land border” as stipulated by the law and Exhibit “NCS D,” the justice held.
“Importation of foreign rice in any wise is not generally prohibited. It is restricted to land borders alone.
“If I were in the shoes of the appellant (NCS), I would have honourably thrown in the towel as this appeal is simply a hoax, a fluke and unmeritorious whatsoever.
“From the evidence in the Record of Appeal, the Respondent was merely a purchaser for value and not an importer. The Appellant ought to have arrested the importer and not a mere purchaser from open market with a receipt of purchase Exhibit NCS D.
“How can a fowl leave to attack who killed it to pursue who is de-feathering it? This is an Annang-African Idiom that means the Appellant ought not to shut its eyes away from the importer and be chasing petty traders and consumers who buy from the open market. After all prohibited or contraband goods always pass through the borders which are the beats of the Appellant.”
Consequently, the court dismissed the appeal in favour of the respondents.
The court further ordered customs to return all the goods seized from the businessman in 2019 or pay him the money equivalent.
“Consequently, the Appellant is hereby ordered to release or cause the release of the 613 bags of foreign rice, 80 bags of millet, Exhibit “C” and DAF truck with Registration Number: 57 BS 45 impounded and confiscated from the Respondent on 14th June, 2019 to the said Respondent Suleiman Mohammed or his representative forthwith,” the judge ruled.
“Where it has become difficult or impossible to return the items aforesaid, the Appellant shall pay to the Respondent a sum of money equivalent to the current price or cost of the items aforementioned.”
News
Many feared dead as rice distribution causes stampede in Anambra
An unconfirmed number of residents of Okija community in Anambra state have reportedly lost their lives in a stampede.
TheCable understands that the stampede occurred on Saturday morning during an event for the distribution of rice.
Victims of the stampede are mostly women.
Multiple social media videos seen by TheCable show lifeless bodies laying on the ground after the incident.
Some victims have reportedly been taken to nearby hospitals.
Charles Aburime, the chief press secretary to the Anambra governor, confirmed the incident when contacted.
Aburime said the state government is monitoring the situation and would soon release a statement.
The incident is coming a few days after over 35 people, mostly children, died during a stampede at a carnival in Ibadan, Oyo state capital.
The Anambra stampede is the second rice distribution-related mishap in 2024.
In March, some students of Nasarawa State University, Keffi, were killed in a stampede during the distribution of rice donated by the state government.
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