Investor Presentaiton
Free Trade Zones & Nigeria Tax Regime
Counting the Cost
For Lekki EPZ, LASG acquired over 16, 000 hectares of land, home to
twenty-six villages. Complaints about compensation. This is pursuant to
February 2005 MOU with Chinese Consortium to commence proposed
development of the EPZ.
MOU makes no reference to environmental impact assessment studies
(EIAs) and social impact assessment studies (SIAs), required by law for
such a magnificent project prior to its development.
Activists insisting on Government's responsibility to devise how the
project would not escalate humanitarian challenges and crisis in the
areas.
LASG set up a 15-member Committee in 2005 to devise the modalities
for establishing a vibrant FTZ in Lagos.
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