The Nigerian Investment Promotion Commission (NIPC) in
collaboration with the Federal Inland Revenue Service (FIRS), on
November 3, 2017, jointly launched the first edition of the
Compendium of Investment Incentives in Nigeria (the
"Compendium") which showcases all
relevant and existing Nigerian tax laws to further
promote the ease of doing business in the country.
The Compendium was published pursuant to the provisions of
Section 4(i) of the NIPC Act, which requires the NIPC to
"provide and disseminate up-to-date information on all
incentives available to investors in the country."
The first edition which is based on the 2016 Fiscal Policy,
covers 5 sectors; Agriculture / Agro-Allied, Solid Minerals,
Manufacturing, Tourism/ Hospitality and Oil & Gas. It is aimed
at raising awareness of investments incentives in Nigeria, the
relevant administering agencies and to serve as a useful guide in
making investment decisions. The overall objective of the
Compendium is to