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Home Press Release

NEZA backs moratorium call on National Tax Policy implementation

Mediabypassnews by Mediabypassnews
3 months ago
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The Nigeria Economic Zones Association (NEZA) has supported the Managing Directors of Nigeria Export Processing Zones Authority (NEPZA) and the Oil and Gas Free Zones Authority (OGFZA) on their recent call for ten-year moratorium before the implementation of National Tax Policy (NTA) within Nigeria’s Free Zones.

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This bold and forward-thinking position is both timely and aligns with the NEZA’s previously stated concerns, as expressed in its official press release dated September 1, 2025.
NEZA, in a statement released on Tuesday reiterated that abrupt implementation of the NTA without a well-defined transitional framework would be counterproductive, risking the flight of existing investments and discouraging new entrants into the scheme.

“We view the proposal for a ten-year moratorium as a strategic buffer that allows for policy harmonization, investor engagement, regulatory clarity, and the development of a globally competitive incentives framework tailored for zone-based enterprises.
NEZA urged NEPZA and OGFZA to continue their collaborative advocacy to preserve the integrity of the Free Zone scheme.

“We remain committed to working with all relevant authorities to ensure that no policy undermines the competitiveness and sustainability of Free Zones in Nigeria”, the Agency said.

Tags: National Tax PolicyNEZANEZA backs moratorium call on National Tax Policy implementation
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