Articles | Open Access | Vol. 2 No. 02 (2022): Volume02 Issue02 | DOI: https://doi.org/10.37547/marketing-fmmej-02-02-01

CHALLENGES AND OPPORTUNITIES ON HOW TO START A BUSINESS IN NIGERIA SPECIAL ECONOMIC ZONE [ LEKKI FREE TRADE ZONE]

Dr UMAR MOHAMMED ALI , CITY UNIVERSITY CAMBODIA

Abstract

Despite the fact that Nigeria's extraordinary financial zone (SEZ) approaches owe their commencement to the noticed achievement of Lekki streamlined commerce SEZs on FDI inflows, work creation, and industrialization, barely any endeavor has been made by Nigerian analysts and strategy creators to get what precisely made lekki so effective. This proposition talks about the basic components which added to the accomplishment of SEZ's in Nigeria while attracting examples to examine the difficulties confronting the advancement of Nigeria's zones. Based on investigating such factors, I contend that China's arrangements on SEZ's can't be anticipated to convey comparable execution levels when roughly applied to the international and monetary variations across Nigerian areas, rather, Nigeria's SEZ strategy requires cautious recognizable proof of empowering elements, and execution of strengthening approaches for factors which separate it from China, while additionally thinking about a few innate likenesses which can contribute its nearby example of overcoming adversity.

Keywords

Opportunities, Business, Challenges, Special

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Dr UMAR MOHAMMED ALI. (2022). CHALLENGES AND OPPORTUNITIES ON HOW TO START A BUSINESS IN NIGERIA SPECIAL ECONOMIC ZONE [ LEKKI FREE TRADE ZONE]. Frontline Marketing, Management and Economics Journal, 2(02), 1–11. https://doi.org/10.37547/marketing-fmmej-02-02-01