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In 1992, Trek unveiled its first home-grown, full-carbon framed bicycles, the 5500 and 5200, featuring OCLV Carbon frames. OCLV stands for "Optimum Compaction, Low Void" and refers to Trek's proprietary process for creating carbon structures that exceed aerospace standards. Weighing only 2.44 lb (1.11 kg), the 5500 frame was the world's ...
Lagos Free Zone (LFZ) is a Free Trade Zone situated in Lagos that is promoted by Tolaram group. [1] The Free zone is integrated with Lekki Deep Sea Port and covers 830 hectares of area in Lagos. [2] [3] Lagos Free Zone is located 60 kilometers to the east of Lagos city. Similar to other free zones, companies in LFZ can sell all their goods in ...
Snake Island Integrated Free Zone (SIIFZ) is a West African economic development area, established and operated by Nigerdock. [1] It is strategically located on 252 hectares of land [1] and infrastructure within the main harbour of Lagos, Nigeria and along the main navigation channel adjacent to Tin Can Island and Apapa ports, with immediate access to the open sea.
These companies benefit from special taxation rules and duty-free imports. The enabling act for Registered Free Zones in Nigeria came into effect in 1992. The Calabar Free Trade Zone, the first of these, was fully completed by 1999 and started operation after official commissioning in November 2001. The CFTZ is owned by the Federal government. [1]
Lagos, its ports, airports, free trade zone and light rail system. The Port of Lagos / Apapa is the oldest and largest port in the country, both in terms of land area and cargo volume handled. More than half of Nigeria's maritime trade is handled here, and the port also acts as a transhipment point for landlocked countries such as Chad and Niger.
The South West (often hyphenated to the South-West) is one of the six geopolitical zones of Nigeria representing both a geographic and political region of the country's southwest. It comprises six states — Ekiti, Lagos, Ogun, Ondo, Osun, and Oyo. [4] [5] It makes up part of Yorubaland in Nigeria, with Kwara and parts of Kogi completing it.
Until now, Nigeria exported unhusked rice but imported husked rice, the country's staple food. The rice mill in Imota, near Lagos, is expected to do the relevant processing domestically, improve the balance of trade and the labour market, and save unnecessary costs for transport and middlemen. It began operations in 2023 at low levels, and is ...
In the IANA time zone database, Nigeria is given one zone in the file zone.tab—Africa/Lagos. Lagos is Nigeria's capital city. "NG" refers to the country's ISO 3166-1 alpha-2 country code. Data for Nigeria directly from zone.tab of the IANA time zone database; columns marked with * are the columns from zone.tab itself: [8]