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The Lekki Free Zone, established in 2006, is a modern free zone managed in accordance with international best practices. The zone's 16,500 hectares are divided into four quadrants and managed by various operators, benefiting from Lagos State's position as the premier distribution hub in West Africa.
Alaro City is authorised by both the Federal Government of Nigeria, through the Nigeria Export Processing Zones Authority, and the Lagos State Government to receive all Free Zone benefits which include:
- Complete tax holiday from all Federal, State and Local Government taxes, rates, customs duties and levies
- One-stop approvals for all permits, operating licenses and incorporation papers
- Duty-free, tax-free import of raw materials and components for goods destined for re-export
- Duty-free capital goods, consumer goods, machinery, equipment, and furniture
- Permission to sell 100% of manufactured, assembled or imported goods into the domestic Nigerian market
- When selling into the domestic market, the amount of import duty on goods manufactured in the Free Zone is calculated only on the basis of the value of the raw materials or components used in assembly, not on the finished products
- 100% foreign ownership of investments
- 100% repatriation of capital, profits and dividends
- Waiver on all import and exports licenses
- Waiver on all expatriate quotas for companies operating in the Zones
- Prohibition of strikes and lockouts
NOW SELLING
Residential Plots - From $133/sqm (available in 500,750 and 100sqm
Commercial Plots - From $185/sqm (available in 1000sqm)
Industrial Plots - From $185/sqm (available in 1000sqm)
24months payment plan available
Call /WhatsApp
0912 232 4051 OR
09069470611
for more info and to subscribe
Property Ref: 1725955 | Added On: 08 May 2023 | Last Updated: 16 Dec 2024 |
Market Status: Available | Type: Commercial Land | Total Area: 1,000 sqm |
Did you know Lekki was named after a Portuguese sailor named Mr. Lecqi? I bet you didn’t.
Lekki has a wide range of shopping opportunities. Do you prefer to shop indoors or outdoors? Whatever you are, Lekki has you covered. With so many malls in the area, shopping in Lekki can be a lot of fun.
Northern Foreshore Estate, one of the most expensive estates in Lekki, provides an adequate drainage system for its residents. It has been able to curtail the known flooding issues of Lekki environs.
Recreational centres...check! Beaches….check! Restaurants…. check! Lekki is unquestionably a one-stop shop for fun and entertainment.
Schooling in Lekki is definitely not basic. Lekki boasts of having some of the most expensive and best schools in Lagos. The thing about schools in Lekki is that they offer more than just conventional teaching.
Read the full area guide for Lekki, Lagos.
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