NIGERIA EXPORT PROCESSING ZONES ACT

Section 1: Establishment of the Nigeria Export Processing Zones.

1992Section 1 of 29Federal Republic of Nigeria

(1) The President may from time to time, by order, upon the recommendation of the Nigeria Export Processing Zones Authority established under this Act, designate such area as he thinks fit to be an export processing zone (in this Act referred to as "a Zone").
(2) The Zone established pursuant to subsection (1) of this section, may be operated and managed by a public, private or a combination of public and private entity under the supervision of and with the approval of the Nigeria Export Processing Zones Authority established by section 2 of this Act.
(3) Every order made pursuant to subsection (1) of this section, shall specify the limits of the area designated and ascribe a name to that Zone.
(4) The Nigeria Export Processing Zones Authority may from time to time, by order, amend, vary or add to the limits of a Zone or change the name of a Zone.
(5) An order made under subsection (3) of this section shall not affect an approved enterprise existing before the commencement of the order.

Cite this section

Section 1, NIGERIA EXPORT PROCESSING ZONES ACT (1992).

https://repo.podus.ai/laws/nigeria-export-processing-zones-act/section/1/