•••ADVOCATES SPEEDY COMPLETION OF BRASS OIL AND GAS, BRASS FERTILIZER
Bayelsa State Government has described the Federal Government’s 30 years Free Trade zone as a catalyst for socio-economic growth in the region.
Mr. Ebiekure Jasper Eradiri, Technical Advisor to Bayelsa Governor on Economic Development and Liason said in a statement on Wednesday that the government decision would enhance the growth of the Small and Medium Scale Enterprises, as well create employment for the teeming youths not only in the region but nation as a whole.
Eradiri, a participant at the 5th AU Symposium on Special Economic zones and 30 years Anniversary of NEPZA hosted by the Africa Economic Zone Organization in Abuja while commending the Federal government on 30yrs of Free trade zone scheme, called for a speedy completion of Brass Oil & Gas City,Brass Fertilizer FTZ.
He also, commended the Honorable Minister of Trade,Investment and Industry, Otunba Adeniyi Adebayo CON for highlighting plans to activate Brass Fertilizer FTZ as well as Brass Oil &Gas City which have been in the Pipeline for some time.
He said that the two projects are capable of stimulating the local economy of Bayelsa State and Nigeria.
He noted that Special Economic Zones are clusters geared at encouraging production,trade and commerce.
Eradiri further recommended to the African Union to make the AU Modern Law on SEZ a living document with consideration to specifically protect SMEs operating in the Continent’s SEZ.
He opined that an awareness/sensitization Roundtable might be necessary to advance the benefits of SEZ and the AfCFTA in the Gulf of Guinea region where Bayelsa State is strategically located
