- Nigeria Customs Service has approved the Lagos Free Zone Green Channel, enabling direct, seamless cargo movement from Lekki Deep Sea Port to Lagos Free Zone.
- This makes Lagos Free Zone the first and only zone in Nigeria with a sanctioned green channel, modeled after global logistics hubs.
- The Green Channel eliminates traditional bottlenecks, drastically reducing demurrage and truck wait times, and enhancing operational efficiency for tenants.
- The corridor features 24/7 surveillance and digital tracking, ensuring cargo security and building investor confidence.
- The initiative positions Lagos Free Zone as the most efficient logistics hub for Nigeria and West Africa, boosting trade facilitation and ease of doing business.
Source: zawya.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Nigeria"
- Nigeria Implements Real-Time VAT and WHT Reporting to Strengthen Tax Compliance
- TMSG Applauds FG for Increasing VAT Allocation to States for Grassroots Development
- Nigeria Tightens VAT and WHT Compliance with Real-Time Tax Reporting, Says PwC
- Fonoa Recorded Webinar: E-Invoicing in Africa – Nigeria, Zimbabwe, Kenya, Ghana
- Nigeria’s VAT Compliance Rules for Non-Resident Digital Service Providers: Key Frameworks and Guidelines
