Abeg gather here make we shine our eyes as correct news don land from Abuja. Na 149 companies wey don collect pioneer status go still enjoy their tax holiday for another two years, e be like say dem no go feel any wahala as new tax law dey waka come 2026.
Dis matter wey NIPC dey yarn na important one o. Dem gree say as e be now, these companies go dey shield from any tax wahala wey the new regime fit bring. E no be small thing, as dem don chop belle full since dem start this pioneer status for 2017, don attract investment wey reach N8.7 trillion and still create direct jobs for almost 59,000 people, especially in the manufacturing area and Lagos.
For the run of this matter, dem don get 693 applications since 2017 til second quarter of 2025; yet only 304 na dem approve, 64 nack rejection, and one certificate waka go cancellation land. So, na 149 dey enjoy am for now, and dem no go remove this ginger as new law dey come.
Chairman of the Presidential Tax Reform Committee, Taiwo Oyedele talk say dis decision na to make investors no fear small and keep confidence up. Uchenna Okonkwo from NIPC come run mouth say di pioneer status dey give companies full tax relief for three years, wey fit extend reach two years. But as new system dey come, dem go dey phase am out gradually.
Dem dey talk say government don chop N8 trillion every year because of this tax waivers, and na wetin dey cause gumbodi for the budget. But new plan dey land as the PSI go transform into Economic Development Incentive wey suppose carry sweeter benefits come. Dis new system go make companies dey pay tax but still dey enjoy credits wey tie to how much dem dey invest. E fit reach 15 years of tax relief if dem dey perform well.
Aisha Rimi, di Executive Secretary of NIPC, don share say dem don gree facilitate over $10 billion investments for 2025, and capital wey enter Nigeria don increase reach $5.2 billion for first quarter. Na wetin dem dey do for manufacturing, ICT, and renewable energy dey carry this huge influx come.
Rimi talk say as of second quarter, 17 companies don collect pioneer status mobilizing about $809.57 million and don create over 3,000 direct jobs. Na correct move wey dey support economy back.
In summary, if Nigerians dey look for how to invest, dis one fit make sense as plenty opportunities dey pop up inside. Naija dey on the rise, and we dey hustle to make sure we catch the big fish. E good to dey follow dis gist, so make you ready for better news wey go dey land!
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