Lagos Free Trade Zone Lists Its Many Incentives To Investors

The Lagos Free Zone has described its facilities as the best investment destination, listing  number of incentives for potential investors.

The Chief Executive Officer of the Lagos Free Zone, Mrs Adesuwa Ladoja, made the listing during the Nordic Nigeria Connect 2025 forum which held in Lagos on Tuesday.

Taking the turf during a panel discussion segment, Ladoja stated that the Lagos Free Trade Zone boosts of:

1. a deep-sea port with state-of-the-art equipment
2. access and coastal roads
3. business predictability
4. proper organisation for investors
5. Absence of infrastructural or regulatory barriers
6. logistics capacity, and a
7. general enabling environment,

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“You can bring in your raw material seamlessly, effortlessly, all in the same place.

“So, with other access roads and coastal roads being put in place, alongside the plan to connect the axis through rail, many of these constraints would have been taken care of.

“Looking at it from a regulation perspective, we are creating our own single window where all the regulators you need to do your business are concentrated in the zone,” she added.

She observed that the Tinubu administration’s two major policy reforms—the removal of fuel subsidies and the unification of the exchange rate—have created a more transparent, market-driven economy and brought back a sense of predictability in the investment climate for foreign investors.

She maintained that the reforms have inspired cautious optimism in the economy, witnessing headwinds turning into tailwinds.

According to her, sustained currency stability, low interest rates, and downward-bending inflation curves in the last 12 months are good signals that the private sector capital formation cycle is ripe for revival. She also explained that with young, entrepreneurial, and passionately creative people occupying the biggest pie in the population, Nigeria offers a vast consumer market and a production base with access to the 400-million-strong ECOWAS region.

“This dynamic market, structural reform, and market stabilisation combination makes Nigeria one of Africa’s most appealing investment destinations today. However, the real potential is in being an early mover. As Nigeria’s infrastructure advances and its industries develop, those who establish a presence early will enjoy the greatest rewards,’ she added.

On the other hand, Nigeria, she stated, stand to leverage on the Nordic region’s strength in the following areas:

1. renewable energy,
2. sustainable manufacturing,
3. logistics,
4. and digital solutions