21 free trade zones inactive – NEPZA

Emmanuel Jime, NEPZA MD

The Nigerian Export Processing Zones Authority (NEPZA) has declared that 21 free trade zones scattered across the country have remained inactive since they were licensed by the Federal Government of Nigeria to commence operation between the year 2000 and 2018.

They  are Abuja Tech. Village Free Zone (FCT), Ibom Science & Tech. FZ (Akwa Ibom), Olokola Free Trade Zone (Ondo and Ogun), Living Spring Free Zone (Osun), Banki Border Free Zone (Borno), Brass LNG Free Zone (Bayelsa), Specialized Railway Industrial FTZ (Ogun), Oils Integrated Logistics Services FZ (Lagos), Kwara Free Zone (Kwara), Imo Guangdong FTZ (Imo).

Others are Oluyole Free Zone (Oyo), Koko Free Trade Zone (Delta), Badagry Creek Integrated Park (Lagos), Ibom Industrial Free Zone (Akwa Ibom), Nigeria International Commerce city (Lagos), Ogindigbe Gas Revolution Park (Delta), Centenary City (Abuja), Ogogoro Industrial Park (Lagos), Enugu Industrial Park (Enugu), Ondo Industrial City (Ondo) and Tomaro Industrial Park (Lagos, 2017).

Many of them were licensed by the government to provide science & technology, oil & gas, manufacturing, trading and warehouse, shore-based activities, rig and marine repairs, refurbishment & fabrication, crude oil modular refinery, helicopter services, accommodation facilities, petrochemical, fertilizer, gas processing related activities, financial institutions (local and international) leisure, real estate, shopping malls and corporate business, commerce and leisure.

Other purposes include real estate, shopping malls and corporate business and commerce, marine, logistics, support services for offshore oil repairs and rail cargo transport.

PortNews investigations revealed that many of them are still under construction while some of them have had their operational licenses suspended due to outright redundancy.

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