The ongoing efforts by the National Assembly (NASS) to amend the principal Acts that established both the Oil & Gas Free Zones Authority (OGFZA) and the Nigerian Export Processing Authority (NEPZA) have expectedly attracted a lot of public debate. Sadly though, a good deal of the commentary is based on fantasy, deliberate distortion, half-truths and downright falsehood.
There is therefore a crying need to separate facts and fiction in the matters of the NEPZA and OGFZA amendment bills as well as the broader issue of the existence of the two agencies of government, OGFZA and NEPZA, with responsibilities for regulating oil-related and non-oil-related free zones.
...