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Investor Presentaiton

Free Trade Zones & Nigeria Tax Regime The Incentive Scheme (cont'd) i. Rent free land at construction stage, thereafter rent to be determined by the Authority. j. No strikes and lock-outs for 10 years after commencement of operations in a Zone - spent provision for the 1st generation EPZs? - k. Authority to simplify all investment authorizations – only issuing agency for all approvals and cancellation of all licenses cf. section 4(a) &(h) NIPC Act. - NEPZA Regulations stipulate quick turnaround for various approvals - e.g. consideration/notification of approval of licensing applications within 5 working days; building permits to be approved within 4 working days, etc. TEMPLARS
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