NEPZA, NBS to share data on import, export, FDIs, others

 The Nigeria Export Processing Zones Authority (NEPZA) and the National Bureau of Statistics (NBS) have agreed to share data on import and export points for analysis and decision making.

Prof. Adesoji Adesugba, NEPZA’s Managing Director and his counterpart, Dr Yemi Kale, Statistician-General/CEO of NBS agreed to form this strategic partnership when NEPZA boss visited the NBS Headquarters in Abuja.

Adesugba, in a statement by Mr Martins Odeh, the Head, Corporate Communications, NEPZA on Thursday said that the agreement aimed at properly measuring the contributions of the Free Trade Zones (FTZs) Scheme to the national economy.

He said that the partnership aimed at assisting the authority at robustly defining both the import and export data points for analysis and for decision making through the FTZs gateways.

The NEPZA managing director further explained that the synergy also directed at sharing relevant data between the two agencies.

He said that this regularly highlight the zone scheme’s contribution to the country’s Gross Domestic Product (GDP), Foreign Direct Investment (FDI) and its employment generation.

According to Adesugba, the collaboration is also aimed at assisting in providing training for NEPZA’s staff on quality data gathering, presentation, analysis and interpretation.

He said that the understanding between the two also give the authority the leverage to navigate the NBS data platform without any hindrance.

On his part, Kale said that the bureau was set up to monitor indices of the productive sector, adding that any contemplated partnership toward that direction was welcomed.

Kale said that NEPZA was a strategic agency of government established to use the zone scheme to drive industrialisation, stating that it was imperative to keep statistical track of NEPZA’s contributions to the economy.

“I like to particularly thank Prof. Adesoji Adesugba for bringing the desired and innovation to NEPZA.

“Using statistical tools to gauge the authority’s mandate remains the best form of Monitoring and Evaluation.

“We are, therefore, prepared to concretize this working relationship for the overall benefit of the country,’’Kale said.

The point of the meeting was the agreement to set up Technical Committee consisting of members from both agencies with the sole aim of developing instruments for NEPZA’s data production system. (NAN)