The Federal Government approved the application of 16 companies seeking pioneer status under the Industrial Development Income Tax Act between April and September 2021.
The products or industries eligible for this pioneer status are those that do not already exist in the country. The six firms that were granted a tax holiday between April and June are Premium Aquaculture Limited, Tosett Agro Industries Limited, Aurebles Ventures Limited, Wintess Garden, De Santiago Milan Hotel & Suite Limited, Metsa Wood Services Limited, Tiloc Nigeria Limited and Tranos Constructing Limited.
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