Friday, March 29Inside Business Africa
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Tag: NIPC

Lafarge, Honeywell, Dangote Sinotrucks, 34 others enjoy three-year tax holidays

Lafarge, Honeywell, Dangote Sinotrucks, 34 others enjoy three-year tax holidays

Business
Lafarge Africa Plc, Honeywell Flour Mills Nigeria Plc, Dangote Sinotrucks West Africa, and 34 other firms have been identified as companies currently enjoying Pioneer Status Incentive of the Federal Government. The Nigerian Investment Promotion Commission in its third-quarter report on Pioneer Status Incentive applications made public on Wednesday stated that 60 applications for PSI had been abandoned. This, according to the commission, is because the companies have not responded to request for additional information in nine months. According to the report, six new Pioneer Status Incentive was granted by the agency recently. The new approvals were given to Savannah Sugar Company Limited, Daily Need Industries Limited, Tribute Lifestyle Global Concept Limited, Kalambaina Cement ...