Cement News tagged under: manufacturers association of Nigeria

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Nigeria: removal of cement tax incentive

12 August 2016, Published under Cement News

The removal of pioneer status tax incentive for the cement industry has caused concerns for operators in the real sector, who feel the development will send the wrong signal to investors. The issue was raised by the President of Manufacturers Association of Nigeria, Dr Frank Jacobs, with the Minister of Industry, Trade and Investment, Dr Okechukwu Enelamah, at a recent stakeholders’ meeting. Dr Jacobs said, “The news of government withdrawing the pioneer status tax incentive enjoyed by th...