Lagos Free Trade Zone Regulations, 2016 🇳🇬

Nigeria

Nigeria Export Processing Zones Act, 1992

S.I. 8

Lagos Free Trade Zone Regulations, 2016

Published on 31 May 2016
Assented to on 23 May 2016
Commenced on 26 May 2016
[This is the version of this document from 31 May 2016.]

In exercise ofthe powers conferred on it by section 27 ofthe Nigerian Export Processing ZonesAct, CAP. N107, Laws of the Federation of Nigeria, 2004 (“the Act”)and all other powers enabling it in that behalf, the Nigeria Export Processing Zones Authority with the approval of the Honourable Minister of Industry, Trade and investment makes the following Regulations—

Part I – OBJECTIVES

1. Objectives

The objectives of these Regulations include, to—

(a)complement and enhance the provisions of the Act;

(b)provide details of regulatory and supervisory requirements necessary to promote efficient and profitable operations in the Lagos Free Trade Zone in these Regulations referred to as a "LFTZ"; and

(c)facilitate the attainment of the goals for which the Lagos Free Trade Zone is estab1i…

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