FG Lifts Suspension On Tax Holidays For Pioneer Companies

Abuja- The Federal Government on Monday announced the lifting of the administrative suspension Pioneer Status Incentives, following the conclusion of critical reforms to the incentive regime.

It also announced a release of new guidelines for PSI applications as well as a revamped list of pioneer industries and products

The Minister of Industry, Trade and Investment, Dr. Okechukwu Enelama, announced the decision during a media briefing held at the headquarters of the ministry in Abuja.

Pioneer Status is a tax holiday granted to qualified or eligible industries anywhere in Nigeria.

More details later…