Tax Holiday

N2.5 Trillion Investments: Dangote, Mikano, Others Enjoys FG’s Tax Holiday

Apr 1, 2024.Apr 1, 2024. by Ekohot Editor

Eko Hot Blog reports that about 107 companies including Dangote and Mikano International are currently enjoying tax exemption from the Federal Government despite its insistence to discontinue the programme and drastic steps to improve its revenue base. It also increased the number of beneficiaries enjoying Pioneer Status under the Industrial Development Income Tax Act by … Read more

FG Awards Three-Year Tax Holiday To 34 Companies

Dec 31, 2023. by Ekohot Editor

Eko Hot Blog reports that the Nigerian Investment Promotion Commission on Friday, said it approved tax holidays for 34 companies seeking tax incentives and waivers under the Industrial Development Income Tax Act in 2023. This was disclosed by the Head of Incentives Administration, Lovina Kayode, during an end-of-the-year press briefing organised by the commission in … Read more