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Nigeria has emerged as one of the 51 member countries of the Extractive Industries Transparency Initiative, EITI, to be validated for adopting the principles of accountability and transparency in the governance of its oil, gas and mining sectors. Nigeria’s validation was conveyed in a congratulatory letter by the Chair of the global group and former […]

PIONEER STATUS AND TAX CREDITS All businesses in agro-allied, manufacturing and mining sectors enjoy Pioneer Status in Nigeria. Pioneer status is a tax holiday granted to industries anywhere in the Federation and five to seven (5-7) year tax holiday in respect of industries located in economically disadvantaged local government area of the Federation. The grant […]