Abia State government approves tax waivers for investors
Okezie Ikpeazu. PHOTO: abiaonline.gov.ng
The state Information Commissioner Chief John Okiyi Kalu stated that the new policy will apply 100% on all levies and dues (excluding user fees and PAYE) for new investment in education that will not be less than N500 million in verified value and has a workforce of not less than 100 persons.
Also that there will be 100 per cent waiver on all levies and dues (excluding user fees and PAYE) for new investment in manufacturing that will not be less than N500 million in verified value with a workforce of not less than 50 persons.
In this article:
You may also like
15 hours ago
The Presidential Enabling Business Environment Council (PEBEC) in its 2023 Business Facilitation Act (BFA) has adjudged the Nigerian Content Development and Monitoring Board (NCDMB) and the Standards Organisation of Nigeria (SON) as best in business facilitation, with 29 agencies scoring below 50 per cent.
1 day ago
United Capital Plc, a leading Pan-African financial services group, convened its 11th Annual General Meeting yesterday at the Transcorp Hilton Hotel, Abuja, following another year of exceptional financial performance. Shareholders were delighted at the declarationof a dividend payout of N10.8 billion, equivalent to N1.80 per share. The meeting commenced with a statement by Prof. Chika…
14 hours ago
In a significant strategic shift, LandWey Investment Limited, a leading player in Nigeria's real estate sector, is setting its sights on a public listing, following a bold attempt to acquire UPDC in 2020. According to a statement made available to the media on Wednesday, in Lagos, the property development company said the move marks a…