Business operators lament crippling traffic gridlock around Lekki Free Trade Zone corridor

Business operators in Lekki area of Lagos state have lamented the crippling traffic gridlock around the Lekki Free Trade Zone corridor.

The Nigeria Economic Zones Association Executive Secretary, Toyin Elegbede made this known during a meeting with the Managing Director of the Nigeria Export Processing Zones Authority, Prof Adesoji Adesugba in Abuja.

According to him, Lekki Free Zone Development Company and Pinnacle Oil & Gas FZE have not been able to resolve the emerging traffic crisis despite efforts by the association.

“This has led to scores of tankers parking on the road, effectively converting it into a truck park thereby affecting the flow of traffic and throwing all stakeholders in the axis in a deep state of distress.

“The current shortage of fuel has exacerbated the issue as it has hampered the operations of other businesses operating from the axis.

“This situation, if not tackled early enough, will render the whole axis not conducive for businesses, and this will negatively affect the country’s drive for economic development through the Free Trade Zone scheme,” Elegbede said.

Responding, the NEPZA MD said the agency had concluded plans to address the emerging traffic gridlock.

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