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ARTICLE · 21 NOVEMBER 2018

Investment Incentives In Nigeria

The overall objective of the Compendium is to promote new and incremental investments in Nigeria.

NigeriaStrategy

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

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