Customs Bill: NEPZA Warns Against Weakening Free Zones 

The Nigeria Export Processing Zones Authority (NEPZA) has warned that sections of the Customs Service Reform Bill that seek to empower the Nigeria Customs Service to make regulations in free zones will weaken and subvert the country’s special economic zones.
The NEPZA gave the warning at the ongoing public hearing on the bill at the House of Representatives, according to a statement by its Head, Corporate Communications, Martins Odeh.
It said, “Free zones are areas designated as such by the President to serve as one-stop-shop investment hub wherein incentives are provided in form of tax holidays, simplified Customs and Immigration processes, amongst others, with a view to attracting investors.
“The One-Stop-Shop concept, in furtherance of which regulations were made for all the active free zones with the involvement of the Nigeria Customs Service and all relevant stakeholders, would be eroded if the provisions of the bill are allowed”.
It added that by providing regulations for the free zones, the NCS would be setting a dangerous precedent, as other agencies would want to do the same.
NEPZA said the development, if not addressed promptly, would result in either multiple regulations that might be contradictory, thereby creating avoidable legal tussles, or make registration of enterprises unnecessarily cumbersome and unattractive.
“The proposed sections of the bill which seek to make the free zones Customs-controlled zones invariably seek to create antithetical Free Zones Customs Territory alien to the global free trade zone model used around the world”, it said.