The Nigeria Tax Act (NTA) 2025 is introducing changes to the nation's Export Processing Zones (EPZs) and Free Trade Zones (FTZs). For decades, these zones enjoyed blanket exemption from all federal, state, and local taxes; now, that promise has been replaced by a rigid expiration date, threatening billions in foreign investment.
"Effective from January 1, 2028, the profits of an export processing zone entity will be fully subject to tax on its sales to the Nigerian customs territory, regardless of the percentage of such sales," Taiwo Oyedele
