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No doubt, the most omnibus incentive regime in Nigeria is the Pioneer Status certification, which until recently had granted a tax holiday to a successful applicant for straight 5 years. It has also come to gain the reputation of being the most abused in certain quarters. Nigerian Investment Promotion Commission (NIPC) is the agency which administers the grant of Pioneer Status in Nigeria.

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Solid Minerals and Mining Incentives in Nigeria. The mining sector in Nigeria enjoys Pioneer Status with attendant tax holiday to all companies operating in the sector.A comprehensive package of incentives has been put in place to create a favorable environment for investment in the solid minerals and mining sector, some of which are:

Nigeria's mining pioneers weigh risks and rewards

Nigeria's mining pioneers weigh risks and rewards. By Ulf Laessing. Reuters. May 11, 2016. Reblog. Share. Tweet . Share. By Ulf Laessing. ANKA, Nigeria (Reuters) - Arriving on motorbikes after midnight, a dozen gunmen opened fire on gold miners sleeping at a camp in northern Nigeria last month, killing one of them and stealing their equipment before fleeing into the bush. The site, a ...

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Solid Minerals and Mining Incentives in Nigeria. The mining sector in Nigeria enjoys Pioneer Status with attendant tax holiday to all companies operating in the sector.A comprehensive package of incentives has been put in place to create a favorable environment for investment in the solid minerals and mining sector, some of which are:

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Nigeria's mining pioneers weigh risks and rewards

Nigeria's mining pioneers weigh risks and rewards. By Ulf Laessing. Reuters. May 11, 2016. Reblog. Share. Tweet . Share. By Ulf Laessing. ANKA, Nigeria (Reuters) - Arriving on motorbikes after midnight, a dozen gunmen opened fire on gold miners sleeping at a camp in northern Nigeria last month, killing one of them and stealing their equipment before fleeing into the bush. The site, a ...

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PIONEER STATUS INCENTIVE. In Nigeria, the government understands that an unfavourable tax environment can inhibit the growth of any economy, so it has put certain incentives in place to encourage investments and business expansion. One of these incentives is the pioneer status incentive. The pioneer status incentive is tax holiday given to companies for a period of time, to encourage the ...

Nigeria’s mining pioneers weigh risks and rewards

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Nigeria's mining pioneers weigh risks and rewards

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