The Organised Private Sectors Investors Association of Africa Special Economic Zones Projects (OPSIAASEZ), has called on President Muhammadu Buhari to approve the proposed establishment of the Nigeria Special Economic Zones Projects (NSEZ) in the six geo–political zones and the Federal Capital Territory (FCT).
It noted that many developed countries of the world have for long keyed into the initiative and leveraged tremendously on SEZs to achieve far reaching economic transformation in their respective countries, adding that China is a typical example of the developed economy that has taken maximum advantage of the platform.
Ambassador Peter Dongo Isibor, the President/ Chairman, Board of Trustees of OPSIAASEZ, also the Executive Group President, Petterson Clor International Group of Companies Ltd (PCIG), made the call in a OPSIAASEZ memorandum presentation to President Buhari.
He added: “Africa is very much endowed and bountifully rich in human and natural resources, most of which, are untapped due to paucity of required vision, political will and lack of expected technology to explore and exploit our abundant resources.”
He also called on the Federal Government to approve the establishment of the Nigeria’s PCIG initiated Private Sectors Investors’ driven Development Bank, pursuant to effective functionality of the NSEZ projects as mandatorily required by the Organised Private Sectors Investors Association of African Special Economic Zones Projects platform.
Isibor explained that if these abundant resources are prudently tapped and fully utilised, the narrative of Africa as a continent would change drastically for the better.
According to him, the proposed NSEZ across the six geo– political zones, in collaboration with the Organised Private Sector Investors Association of Africa Special Economic Zones, from within and in the Diaspora, is underscored with the primary purpose by catalysing the country’s vision of industrial revolution.
The proposal as it were, was accomplishable through the already establish collective and collaborative strategy and would by no means, deliberately stimulate the desired all-inclusive and all-embracing economic growth and development through essential jobs and wealth creation.
“In addition to creating appropriate hub for industrialisation, the Nigeria Special Economic Zones shall provide appropriate facilities and infrastructure for technology and general intellectual drives and transfers in satisfaction of areas of disadvantage through PCIG’s unique National Institute for Job and Wealth Creation co ltd/gte, (NIJWC).