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Compendium Of Incentives In Nigeria

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Investment incentives

Compendium Of Investment Incentives In Nigeria
The Federal Inland Revenue Service (FIRS) together with the Nigerian Investment Promotion Council (NIPC) on 3 November 2017 issued a compendium of investment incentives in Nigeria. The aim apparently is to clearly set out the incentives and array of opportunities available. These opportunities are available to both domestic and foreign investors in Nigeria. The Compendium is a compilation of fiscal incentives in Nigerian tax laws and sector-wide fiscal concessions. These have been duly approved by the Federal Government and supported by legal instruments. This first edition is based on the 2016 Fiscal Policy and covers 5 sectors. This Compendium is aimed at raising awareness in Nigeria. Also, it’s relevant to the administering agencies and should serve as a useful guide in making informed decisions…

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