Role of Banks, Implementation, Export Processing Zone.


The establishment and promotion of Export Processing Zones (EPZs) has been identified as a potential scheme for boosting manufactured exports. A decree (No. 34 Nigerian Export Processing Zones Decree 1991) formally establishing export processing zones in Nigeria was promulgated by the Federal Government on August 9, 1991. Consequently, an area beside the port of Calabar has been chosen as the site of Nigeria’s premier EPZ and the foundation stone was laid by the President in November,1991. This paper, therefore, examines the expected roles of the banks with a view of alerting them to the challenges ahead.

Author Bio

The author is a staff of Research Department, Central Bank of Nigeria.

Publication Title

CBN Bullion







To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.