New security outfit will boost investments in free zones - NEPZA 

New security outfit will boost investments in free zones - NEPZA 
The senior officers of SEZSEC on parade during the passing-out ceremony today in Lagos

The Nigeria Export Processing Zones Authority (NEPZA) says the newly inaugurated Special Economic Zone Security (SEZSEC) outfit will cause an upsurge of investments in the zones. 

The Managing Director of NEPZA, Prof. Adesoji Adesugba, said this at the passing-out ceremony of 40 officers of the SEZSEC, on Saturday in Lagos.

The the one-month training, was carried out in collaboration with the Department of State Services (DSS).

According to Adesugba, the outfit was borne out of the need to further strengthen the existing security architecture and provide adequate security to lives and property in the free zones.

Adesugba, who was represented by Dr Oyesola Oyekunle, Director Finance and Accounts, said the authority suffered its share of the poor security situation when hoodlums invaded the Tinapa Free Zone in Calabar and a lot of investments were lost.

He said the outfit would create a safe and secure environment for the zones' employees, facilities, contracted service providers, members of the public,  the special economic zones and NEPZA resources. 

"It is no gainsaying that this singular action will cause an upsurge of investment into the zones as investors look to invest in places where their invest will be secured," he said.

Adesugba, however assured that the outfit would not dislodge the existing zones' security structure but reinforce the collaborative force of sister security services. 

Otunba Niyi Adebayo, Minister of Industry, Trade and Investment, lauded the creation of the SEZSEC unit, adding that the decision was apt to secure and keep the special economic zone (SEZ) safe and give confidence to investors.

Adebayo, represented by Babagana Alkali, Director Policy Planning, Research and Statistics, tasked NEPZA to make the zones more attractive to investors, provide high quality infrastructure and be a one-stop shop that would positively impact the economy.

He said the Federal Government offers a number of economic incentives that would attract foreign companies to operate in the SEZs. These include: full tax holidays for three consecutive year; duty free importation; hundred percent repatriation of capital, profits and dividends; exemption from all import and export licenses; land is rent free for the first six months for any construction project undertaken in the zone.

Mr Salami Ajege, Commandant, States Services Academy (SSA), said the security outfit was expected to gather intelligence that would help combat economic sabotage, boost trade and other related activities wherever they were deployed. 

Ajege said the unit would be professional in the discharge of their duties and responsibilities and urged operatives to be smart, diligent, determined to succeed, discreet with information and be ever ready to confront challenges they will be faced with in discharging their duties. 

Also, the Comptroller-General of Nigeria Customs Service, Col. Hameed Ibrahim Ali (rtd) urged the team to learn the rules that guide other government organisations they would work with to avoid stepping on each other's toes.

Ali, who was represented by Catherine Ekekezie, Deputy Comptroller-General in-charge of Excise, Free Trade Zones and Industrial Incentives Department, cautioned the personnel against going on a "one-man patrol" to avoid running into trouble.