NEPZA, FIRS Sign Pact On Tax Administration In Free Trade Zones   The Nigeria Export Processing Zones Authority (NEPZA) has signed a Memorandum of Understanding (MoU) with the Federal Inland Revenue Service (FIRS) for effective administration of taxes in the free trade zones. Signing the MoU on...

FEC: N3.4bn Approved For Infrastructure At Lekki Economic Zone The Federal Executive Council (FEC) has approved the sum of N3.4 billion to provide infrastructure in one of the country's special economic zones. This was disclosed by the Minister of Industry, Trade and Investment, Niyi Adebayo, while...

Reps Summon NEPZA, OGFTZ , Allege Unremitted Taxes By Contractors       The House of Representatives’ Committee on Public Accounts has resolved to invite the Nigeria Export Processing Zones Authority and the Oil and Gas Free Zone on the tax status of Julius Berger Plc, CETRACO, Salini...

Free Zones Reform: Investors Threaten Divestment     Leading investors in Nigerian Free Trade Zones have threatened to commence divestment from the zones and have called on the board of Nigeria Export Processing Zones Authority(NEPZA) to summon a stakeholders' meeting. A leaked draft report from the Federal Ministry of...

Funtua Free Trade Zone 'll Drive Economic Activities, Create Jobs- Katsina District Head    The Kanwan Katsina, and District Head of Ketare, Alhaji Usman Bello Kankara, has commended the Federal Government for setting up a Free Trade Zone in Funtua Local Government of Katsina State. Alh. Bello...

Investments In 44 Free Trade Zones In Nigeria Nets $27bn         Nigeria’s investments in the 44 free trade zones across the country currently stand at over $27 billion, the Managing Director, Nigeria Export Promotion Zone Authority (NEPZA), Prof. Adesoji Adesugba, has said . He said the investments...