The Kano Free Trade Zone has reported revenue of more than N18 billion generated between January and October 2025 through activities coordinated by the Nigeria Export Processing Zones Authority and the Nigeria Customs Service.
NEPZA Managing Director, Olufemi Ogunyemi, disclosed the figures at the 2025 Kano Free Trade Zone Investors and Stakeholders Forum held in Kano on Wednesday.
He said NEPZA generated over N1.8 billion internally, while Customs revenue from the zone amounted to N17 billion.
The two-day forum, themed “Strengthening Partnerships for Efficient Service Delivery in the Free Trade Zone,” brought together investors, government officials, and regulatory agencies to review operations, compliance, and collaboration within the zone.
Ogunyemi said the revenue figures indicate the zone’s expanding role in non-oil industrial activity. “The volume of investment within the zone continues to rise, and these achievements demonstrate its role in transforming Nigeria’s economic landscape,” he said.
Kano State Coordinator for the National Agency for Food and Drug Administration and Control, Kassim Ibrahim, stressed the need for adherence to safety and quality standards in food and drug production. “Failure to meet standards does not just affect companies; it undermines NAFDAC and Nigeria’s credibility in global markets,” he said.
He added that the agency plans to conduct unannounced inspections to strengthen post-marketing surveillance.
Head of the Kano Free Trade Zone, Richard Bassi, credited the zone’s progress to cooperation among NEPZA, NAFDAC, Customs and other agencies. “Continued teamwork is essential for sustaining investor confidence and consolidating recent gains,” he said.
The discussions at the forum highlighted ongoing efforts to diversify the economy by expanding non-oil sectors. Officials noted that the zone’s “One Stop Shop” system, which integrates approvals from regulatory bodies including Immigration, Customs, NAFDAC and the Standards Organisation of Nigeria, has contributed to increased investor interest and improved revenue performance.
