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Sanusi: Special Economic Zones are Key to Foreign Direct Investment


Senior Executive of up coming NG Eagle airline and former CEO of Aero Contractors, Captain Ado Sanusi said the recent designation of major airports, as special economic zones will be an incentive to foreign direct investment. Also, he opined that airfares would be too high if airlines reflect the cost of aviation fuel on the tickets. He spoke exclusively to Chinedu Eze. Excerpts”
Recently the federal government designated the major airports in Lagos, Abuja, Kano and Port Harcourt as special economic zones. What do you think will be the benefits for aviation and the country?
Now, this is a very, very good gesture from the federal government. It is again a testimony that this administration is actually trying to reposition aviation industry to its rightful place in the growth of the economy of the country. But let us understand first what a special economic zone means. A special economic zone is an area in a country that is subject to different economic regulation that oth ....

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