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Admin l Wednesday, May 19, 2021

 

ABUJA, Nigeria – The House of Representatives has called on  the Federal Ministry of Works and Housing to, through Public-Private Partnership (PPP) arrangement, facilitate the construction of a bridge to link Ishasi in Lagos State to Iteku Enroute Igbesa Community in Ogun State to maximize the potentials of the Ogun-Guangdong Free Trade Zone.

The house also mandated its Committee on Works to ensure implementation of the resolution.The house made the resolution following motion moved by Hon. Jimoh Olusola Ojugbele, representing Ado-Odo/Ota Federal Constituency.

The house noted that Ogun–Guangdong Free Trade Zone, situated in Igbesa, a major town in Ogun State was one of the eight foreign free trade zones established to strengthen trade relations between Nigeria and China, following the China-Africa Summit, held in Beijing in 2005;

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The house noted  that the total landmass of Ogun–Guangdong Free Trade Zone is 10,000 hectares, with a primary focus on manufacturing and processing industries aimed at boosting economic development of Nigeria through industrial capacity building, job creation, poverty alleviation, and local patronage; Aware that the start-up phase of the Free Trade Zone, Igbesa has been completed and it is in operation, generating an average output value of over 234 million US dollars per annum which has exceeded 2 billion dollars in total investment and directly employs over 6,000 people from the local community, making it one of the fast-growing industrial and real estate hubs in Ogun State.

The house was of the view that that the Ogun–Guangdong Free Trade Zone, Igbesa which is 55km from Apapa Seaport and 50km from Murtala Mohammed International Airport, lacks quality access road with resultant losses in time and materials as well as frustrating the ability of the free trade zone to fully maximize its potentials.

The session as presided over by Deputy Speaker, Hon. Ahmed Idris Wase.

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