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On March 25, 2024, the Prime Minister issued Decree No. 24 of 2024 introducing regulations governing the temporary exit of tools and machinery from the free zone to the country (the "Decree").
A free trade zone (FTZ) is a special area within a country where foreign and local companies can import materials, manufacture goods, export products, and perform services...
A Free trade zone is a distinct economic zone in the country that confers special privileges in relation to trade and business policy for companies carrying on business within that zone, especially in the area of taxes.
The African Continental Free Trade Agreement (AfCFTA) is the agreement that established the African Free Trade Area, which aims at bringing African countries together to trade...
Countries all over the world depend on each other for goods and services. There is no country in existence that has all that its citizens need to survive as a nation. Nigeria, just like other countries...
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