With the Lagos Free Zone being strategically located at the Lekki Free Trade Zone, Stevens highlighted its potential to serve as a hub for American businesses looking to expand into the West African region.
During the tour, Stevens and his team visited various American companies and were impressed by the world-class infrastructure and business-friendly environment within the zone. He noted that the integration of the Lagos Free Zone with the Lekki Deep Sea Port provides a seamless platform for trade and logistics, making it an attractive destination for U.S. businesses.
Stevens also pointed out the various incentives offered by the Lagos Free Zone, including tax exemptions, duty-free imports, and access to a skilled labor force, which further enhance its appeal to American investors.
The Consul General emphasized the importance of fostering strong economic ties between the United States and Nigeria, and he sees the Lagos Free Zone as a key player in driving increased foreign direct investments from the U.S. into Nigeria.
In response to Stevens’ remarks, the Executive Chairman of the Lagos Free Zone, reiterated the zone’s commitment to providing a conducive environment for businesses to thrive and grow. He also expressed gratitude for the Consul General’s visit and the continued support of the U.S. government in promoting bilateral trade and investment.
Overall, the visit by the United States Consul General and his delegation has shed light on the immense potential of the Lagos Free Zone in attracting foreign direct investments, particularly from the United States. With its exceptional infrastructure and incentives, the Lagos Free Zone is poised to play a significant role in driving economic growth and development in Nigeria.
