Presentation of Q1 2019 Pioneer Status Incentives Report

By April 30, 2019 Investment News

Nigerian Investment Promotion Commission (NIPC) is delighted to present the First quarter 2019 Report of Pioneer Status Incentive (PSI), which among other things, outlines the total number of applications for PSI received, granted and
declined.

The Q1 2019 Report shows that a total of 27 new applications for PSI were received, whilst 6 companies were granted PSI approvals-in-principle and 7 applications were declined for different reasons. In addition, 4 applications for extension were granted.

Total number of PSI beneficiaries still enjoying the grant as at 31 March 2019 stands at twenty-eight companies.

Click to download full report.