Nigeria’s Free Trade Zones (FTZs) are facing trade abuse allegations from manufacturers who cite loopholes in regulatory oversight. Nigeria’s FTZs were created to drive industrialisation, diversify export earnings, and attract Foreign Direct Investment (FDI) but abuse concerns are rising as local manufacturers cite loopholes in regulatory oversight. Yet, new tensions are emerging. Local manufacturers and industry groups are raising red flags over the 100 percent allowance that enables companies operating in FTZs to sell goods directly int
Nigeria’s Free Trade Zones (FTZs) are facing trade abuse allegations from manufacturers who cite loopholes in regulatory oversight. Nigeria’s FTZs were created to drive industrialisation, diversify export earnings, and attract Foreign Direct Investment (FDI) but abuse concerns are rising as local manufacturers cite loopholes in regulatory oversight. Yet, new tensions are emerging. Local manufacturers and industry groups are raising red flags over the 100 percent allowance that enables companies operating in FTZs to sell goods directly int