President Muhammadu Buhari has approved four Nigerian airports as special economic zones (SEZs), the Minister of Aviation, Hadi Sirika, disclosed this on Thursday.
SEZ is an area in a country that has different economic regulations than other regions within the same country. The SEZ economic regulations tend to help attract foreign direct investment.
When businesses are conducted in an SEZ, there are typically additional economic advantages for them, such as tax incentives and the opportunity to pay lower tariffs…
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