US EditionOGFZA Secures $24b Investments, Seeks 10-Year Tax Exemption For Free Zone Operators
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Nigeria’s Oil, Gas Free Zones attract $24bn in investments as operators plead for 10-year tax holiday
By Chioma Obinagwam Nigeria’s oil and gas free zones have pulled in a staggering $24 billion in investments, creating hundreds of thousands of jobs and turning the country into a growing hub for energy-related manufacturing and exports.Confiance News gathered from a statement issued by the Head, Corporate Communications Oil and Gas Free Zones Authority (OGFZA), Golda […]
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OGFZA Secures $24B in Investments for Nigeria - Tech
The Oil and Gas Free Zones Authority (OGFZA) has announced that it has attracted more than 24 billion dollars in investments into Nigeria, an achievement that underscores the strategic value of the nation’s free zones. The Authority also threw its weight behind calls for a 10-year exemption for operators in special economic and free zones from the new tax law provisions. Bamanga Usman Jada, OGFZA’s managing director and chief executive officer, …
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