“…However, contrary to this study, findings by Shah and Rivera (2007) indicate that facilities located inside the zones show relatively higher corporate performances than those located outside. However, compared to an earlier study, Ikeyi (1998) has noted that the Nigerian government's effort to promote foreign investment by establishing EPZ is commendable, yet the details of the framework are not satisfactory. According to Ikeyi, they are neither effective enough to attract sufficient foreign investment nor properly tailored to ensure the desired goal of foreign investment and therefore it needs strong correction in the present decree.…”