Free trade zones scheme generates N35.1bn customs duty in 2021 – NEPZA

The Nigeria Export Processing Zones Authority (NEPZA) says that the Free Trade Zones (FTZs) Scheme generated a total of N35.1 billion for the government as Customs Duty in 2021.

The agency said the sum of N408.3 million was also remitted as Pay As You Earn (PAYE) taxes in 2021.

Speaking with the News Agency of Nigeria (NAN) in Abuja on Sunday, Adesoji Adesugba, the Managing Director, NEPZA said it ensured the effective generation of customs duty and administration of taxes applicable in zones operation.