BOI and LFZC Partner to Boost Non-Oil Exports in Nigeria

The Bank of Industry (BOI) has teamed up with the Lagos Free Zone Company (LFZC) to enhance non-oil exports by establishing a dedicated MSME hub within the Lekki Free Zone. This partnership aims to accelerate the development of the hub, leveraging the strategic location and world-class infrastructure of the zone, including the Lekki Deep Sea Port.

Dr. Olasupoolusi of BOI highlighted the importance of investments in enabling MSMEs to compete globally and contribute to Nigeria's economic transformation.

Mr. Adesuwaladoja of LFZC expressed optimism that the partnership will unlock new opportunities for Nigerian businesses in the export market, marking a significant milestone in building a globally competitive industrial and logistics hub in Nigeria.