Lagos State Governor Babajide Sanwo-Olu highlighted the benefits associated with investing in the Lagos Free Trade Area.
Sanwo-Olu, who addressed investors and exhibitionists at the Lekki Peninsula Regional Conference and Expo 2021 on Wednesday, highlighted business, industrial and investment opportunities as well as government incentives in the Lekki axis.
He was represented by the Commissioner for Trade, Industry and Cooperatives, Dr Lola Akande, at the event.
He said: “There are preferential facilities and policies for potential investors in the Lekki Free Zone, which include permission to sell 100% of manufactured, assembled or imported products in the Nigerian domestic market, 100% foreign owned. investments, 100% cent repatriation of capital, profits and dividends; waiver on all imports and exports and export licenses; exemption on all expatriate quotas for companies operating in the Lekki free zones.
“I must commend the organizers of this exhibition for their efforts to organize this conference to optimize and present the investment opportunities in this part of the state.
“I have no doubt that you will find in this first edition of the exhibition a unique forum for knowledge sharing and an enriching platform for potential investors to take advantage of the opportunities available in this axis in accordance with the theme. ”
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