INITIAL REQUIREMENT

  • Applicant to submit written applications to Lekki Free Zone Development Company FZC(LFZDC);
  • Signing the “Memorandum of Understanding” in Lekki LFZ with validity period of 3 months

 

ENTERPRISE REGISTRATION

  • Applicant / investors to complete and submit application forms and other supporting documents
  • Applicant / investors to pay a non-refundable application / registration fee at the   amount corresponding to the investor’s investment category;
  • “Provisional Approval Letter” would be issued by LFZDC to the applicant investor;
  • “Operating License” would be issued by LFZDC to the applicant / Investor.

 

EXECUTION OF THE INVESTMENT AGREEMENT AND ISSUANCE DEED OF LEASE

  • Execution of the “ Investment Agreement”;
  • Investment Agreement and other necessary documents would be notarized;
  • “Land Sub-lease Certificate”would be issued to the investor by LFZDC upon full payment of the land lease fee by the investors;
  • Deed of Sub-lease and other necessary documents would be notarized.

 

DEVELOPMENT AND CONSTRUCTION OF THE INVESTMENT PROJECT (LAND DEVELOPMENT WITHIN ONE YEAR)

  • Investor to submit the construction plan and design schemeof the investment project in the Zone to LFZDC within sixmonths from the date of issuance of the “Deed of  Sub-lease”;
  • Letter of Approval for the construction plan and design scheme would be issued after review of the same by LFZDC;
  • Investor to commence construction of the investment project in the Zone within 6 months from the date of issuance of the Letter of Approval;
  • The site inspection would be conducted and the approval to be issued by LFZDC before the investor commences the equipment installation of the investment project;
  • Equipment commissioning would be carried out by the investors;
  • Investor to write a written notice to zone managementwhen it’s time  to commence production.

 

Note: All investment projects in LFZ shall comply with the industrial policies, laws and regulations of Nigeria, shall also be in compliance with the approved master plan of LFZ.