Free Zones in Nigeria were established in 1992 for the diversification of the revenue base of the economy, employment generation and encouragement of exports through local production. Locating in a Free Zone in Nigeria offers investors certain advantages, benefits and incentives to facilitate local and international investments.
Since 1992, Nigeria has operated free zones in strategic locations that provide economic efficiencies and advantages to indigenous and international companies, while still actively contributing to economic growth and employment. Free zone benefits are numerous including: a more favourable tax regime, established infrastructures and services, logistics services, port facilities, warehouse stacking areas, marine and subsea parks and equipment and personnel.