FG seeks amendment of NEPZA Act to ease operations at FTZs

While appreciating the various free zone enterprises and the huge revenue generated for the government through agencies stationed in the zone, he specifically commended SIIFZ’s contribution to the growth of the NEPZA in supporting one single free zone authority over the years.

Vice-Chairman of the committee, Ishaku Abbo, who also commended SIIFZ’s investment initiative, stated that the oversight visit was aimed at ensuring consistency in the payment of appropriate revenue into the federation account, through the regulatory body, while ensuring that the free zone operates optimally.

Specifically, he mentioned that the free zone had contributed through employment generation, infrastructure and investments by registered enterprises in the areas of terminal operations, ship repair, heavy industries, pollution management, fabrication and training among others..

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