Organizations face many difficulties in Nigeria, says US agent

The United States Consul General in Nigeria, Claire Pierangelo, has said that organizations in Nigeria face many difficulties, while communicating good faith that the Lagos Free Zone gives freedoms to organizations to flourish.

This was revealed in an articulation by the US Mission following a gathering with delegates containing agents of the America Business Council and United States Consulate General Lagos to survey the Lagos Free Zone and under-development Lekki Deep Sea Port.

The assertion said the visit was to audit the advantages of the drives for US organizations and feature those that have effectively profited themselves to them.

Pierangelo said, “There are many difficulties that organizations face here in Nigeria, however the Free Zone and Lekki Deepwater Sea Port address incredible walks forward.

“These activities have, methodicallly and nicely, established an empowering climate where numerous different organizations can flourish.”

The $1.5bn Lekki Deep Sea Port and associated LFZ is an integral part of the federal and state governments’ effort to capture trade in West Africa.

The first phase of the port is scheduled to become operational in 2022. It sits on over 350 hectares located approximately 65km east of Lagos, well-positioned to serve all parts of the country and the West African region.

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It is projected that upon completion, the port will have a container terminal covering an area of 50 hectares with two container berths capable of accommodating ultra large ships transporting over 14,000 containers.

Pierangelo, while commending the leadership of Tolaram Group, the promoter of LFZ, reiterated the commitment of the US Mission in Nigeria to facilitate US investments in Nigeria for the mutual benefit of both nations through continuous engagement.

President of the American Business Council, Mr Dipo Faulkner, said Kellogg’s and Colgate-Palmolive were “two key American brands thriving in Nigeria despite the numerous business challenges” and encouraged more US companies to see the LFZ as a solution to overcoming these challenges.

CEO of the Tolaram Group, Mr Dinesh Rathi, assured that the company would conduct business for the benefit of both Nigeria and its stakeholders in a sustainable and environmentally friendly manner.

He urged the Nigerian government to intensify its efforts to boost the viability of foreign businesses within the country.

Key personnel in the delegation included Ashish Khemka (CFO FTZ); Prem Krishna (Head Marketing, FTZ); Mark Stuart (Project Manager, Louis Berger); Jennifer Woods (U.S. Commercial Counselor), David Russell (U.S. Commercial Attaché); Margaret Olele (CEO of ABC); Wole Abayomi (KPMG); Uwa Osa-Oboh (Capital Alliance); John Edokpolo (Microsoft); Sola Obabori (RedStar); Abdelaziz Saidu (Cisco); Womo Diriyal (Duns and Bradstreet); Rita Amuchienwa (Intel); Abi Haruna (Oracle); and Kofo Ayodele (Abbott).

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