INCENTIVES

1. Complete tax holiday from all Federal, State and Local Government taxes, rates, customs duties and levies.
   
   
2. One-stop approvals for all permits, operating licenses and incorporation papers.
   
   
3. Duty-free, tax-free import of raw materials and components for goods destined for re-export.
   
   
4. Duty-free introduction of capital goods, consumer goods, machinery, equipment, and furniture.
   
   
5. Permission to sell 100% of manufactured, assembled or imported goods into the domestic Nigerian market.
   
   
6. Goods manufactured in the Free Zone sold   into the domestic market shall attract import duty calculated only on the basis of the value of the raw materials or components used in assembly not on the finished products.
   
   
7. 100% foreign ownership of investments.
   
   
8. 100% repatriation of capital, profits and dividends.
   
   
9. Waiver of all import and export licenses.
   
   
10. Waiver on all expatriate quotas for companies operating in the zones.
    
    
11. Prohibition of strikes and lockouts.
    
    
12. Rent free land at construction stage within the zone