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Locating in any Free Zone in Nigeria automatically confers upon the investor certain advantages, benefits and incentives which have been strategically designed by the Federal Government of Nigeria to create a business-friendly environment for the investor and to be competitive. These incentives, established by Act No. 63 of 1992 and which have been improved even more in subsequent legislation, are the following: - Complete tax holiday for all Federal, State and Local Government taxes, rates, customs duties and levies.
- One-stop approvals for all permits, operating licenses and incorporation papers.
- Duty-free, tax-free import of raw materials and components for goods destined for re-export.
- Duty-free introduction of capital goods, consumer goods, machinery, equipment, and furniture.
- Permission to sell 100% of manufactured, assembled or imported goods into the domestic Nigerian market.
- When selling into the domestic market, the amount of import duty on goods manufactured in the Free Zone is calculated only on the basis of the value of the raw materials or components used in assembly not on the finished products.
- 100% foreign ownership of investments.
- 100% repatriation of capital, profits and dividends
- Waiver of all import and export licenses
- Waiver on all expatriate quotas for companies operating in the zones.
- Prohibition of strikes and lockouts
- Rent-free land during the first 6 months of construction
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Incentives 
