Nigerian Govt. Clarifies 27 Businesses To Enjoy Tax Break Under Pioneer Status

Nigerian Govt. Clarifies 27 Businesses To Enjoy Tax Break Under Pioneer Status

The
                                 Nigerian-British
                                 Chamber of Commerce - Nigerian Govt. Clarifies 27 Businesses To Enjoy Tax Break Under Pioneer Status
Business & Investments February 23, 2019

The federal government on Monday gave clarifications on businesses that would qualify to enjoy pioneer status under the additional 27 new industries and products approved last week by the Executive Council of the Federation, FEC. The Executive Secretary, Nigeria Investment Promotion Council, NIPC, Yewande Sadiku, told PREMIUM TIMES in an exclusive interview in Abuja that companies that would enjoy pioneer status were only those that ventured to invest in industries that were either non-existent at all, or the country did not have sufficient presence for its economic development.

Source: https://www.nipc.gov.ng/nigerian-govt-clarifies-27-businesses-enjoy-tax-break-pioneer-status/

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