FG breaks monopoly in free trade zones to create thousands of jobs
http://ift.tt/eA8V8J By Udeme Clement The recent Federal Government’s policy clarification on ports industry aims at eliminating monopoly has been described as an initiative that will engender competition in the system, in order to create thousands of jobs for economic growth and development. A policy analyst and Senior Advocate of Nigeria (SAN) Prof, Fidelis Oditah, said this in a chat with pressmen, stressing that the new policy giving importers the right to use any terminal of their choice for discharge of cargoes is in tandem with the current administration’s reform to enhance Foreign Direct Investments (FDI) inflow in oil and gas sector. Oditah also a legal adviser to Lagos Deep Offshore Logistics (LADOL), a foremost indigenous establishment, who had earlier kicked against the monopoly said, “Following the policy clarification, Ladol that had obtained an injunction restraining former President Goodluck Jonathan from implementing his policy directive of 20 April 2015, has filed...