Compendium Of Investment Incentives In Nigeria

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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 investment opportunities available to both domestic and foreign investors in Nigeria and how they can take advantage of them. The Compendium is a compilation of fiscal incentives in Nigerian tax laws and sector-wide fiscal concessions 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 of investment incentives in Nigeria, the relevant administering agencies, and should serve as a useful guide in making informed investment decisions. Read more