Investment Incentives NIPC and FIRS intend to offer.These Investment incentives are geared towards encouraging and aiding private sector participation in the recovery and growth of the nation’s economy. This programme is set to be unveiled today in Abuja by the Nigerian Investment Promotion Commission (NIPC) and the Federal Inland Revenue Service (FIRS).
These incentives are expected to aid the participation of the private sector in the nation’s Economic Recovery and Growth Plan (ERGP).Minister of State for Industry, trade and investment, Aisha Abubakar, Kemi Adosun, Minister of Finance and Okechukwu Enelama, Minister of Industry, trade and investment, worked together to facilitate and complie the ‘compendium of Investment Incentives in Nigeria’.
Yewande Sadiku, the Executive secretary/CEO of the NIPC, cosigned a statement with the executive chairman of the FIRS, Tunde Fowler, indicating the accuracy and completeness of the compendium.
The Compendium of Investment Incentives contains;
-Accurate and complete information on policies and investment framework in Nigeria.
-It also contains incentives in the Nigerian tax laws and other Nigerian Government approved sector-wide fiscal concessions.
The Compendium of Investment Incentives were jointly compiled by the NIPC and FIRS and will be revealed later today, 3rd November, 2017 in Abuja with the main purpose of added participation of the private sector in Nigeria’s Economic Recovery and Growth Plan (ERGP).