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Nigeria Revises List of Eligible Industries for Pioneer Status Incentives

09 August 2017

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Approved Changes

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Nigeria

According to recent reports, the Nigerian Government released on 7 August 2017 a final revised list of eligible industries for the country's pioneer status incentives, as well as new pioneer status application guidelines. Pioneer status incentives include, among others, a three-year tax holiday that may be extended up to five years. The list includes the following 27 industries: Mining and processing of coal; Processing and preservation of meat/poultry and production of meat/poultry products; Manufacture of starches and starch products; Processing of cocoa; Manufacture of animal feeds; Tanning and dressing of Leather; Manufacture of leather footwear, luggage and handbags; Manufacture of...