NAHCO unveils N1bn export processing facility in Lagos

In a bid to improve the quality of Nigerian export, the Nigerian Aviation Handling Company Plc (NAHCO) has unveiled its N1billion export processing facility centre in Lagos.

Recall that two years ago FOB Goods and Logistics firm and NAHCO Plc, announced that it had concluded plans to build a N250 million packaging factory at the Murtala Muhammad Airport (MMA), Lagos, a move which was celebrated and lauded until stakeholders raised concern on the abandonment of the project in May this year.

Speaking at the unveiling of the new N1billion export processing facility, the Chairman, NAHCO, Dr. Seinde Fadeni, said the facility in Lagos was the first of five.

He said such centres would be spread across the country to cover all geo-political zones, as they would be developed in Abuja, Port Harcourt, Enugu, and Kano to boost Nigeria’s export policy.

Fadeni said the centre would enhance the country’s export drive and standardise the nation’s export processing system.

The Chief Executive Officer, Nigerian Export Promotion Council (NEPC), Dr. Ezra Yakusak, who unveiled the groundbreaking plaque, commended NAHCO for putting to good use the N1billion grant which it got from the Federal Government, through the NEPC.

He assured Aviation Company of NEPC’s support towards a successful completion of the project in all proposed centres.

NAHCO was chosen by the Federal Government, through the NEPC and granted a N1billion naira grant to build and operate export processing zones across the country.