SEZ Attracts $66BN FDIs, N620bn Domestic Investments

The Special Economic Zones Scheme has emerged as a powerhouse in Nigeria, attracting over $66 billion in Foreign Direct Investments (FDIs) and $688.2 million in Domestic Direct Investments (DDIs). The Chairman of Nigeria Economic Zones Association, Chief Nabil Saleh, who disclosed this on Wednesday, at the Special Economic Zones Annual Meeting 2023, noted that these investments had led to the creation of 35,000 direct and indirect employment, driving socio-economic development in the country.

Giving the sectoral breakdown, he said the manufacturing sector took the lead, commanding 45 per cent of the total investments, closely followed by the Services sector at 30 per cent.

Read more at Newtelegraphng

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