Tax Incentives

Tinubu Praised For Executive Order On Drug Import Duties

Jul 2, 2024. by Praise Ben

Doyin Okupe commends Tinubu’s Executive Order removing import duties on drug raw materials and urges additional incentives to attract pharmaceutical companies to Nigeria. Former presidential aide Doyin Okupe has commended President Bola Tinubu for signing an Executive Order that exempts raw materials for drugs from import duty. Okupe stated that this policy would help lower … Read more

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