THE FEDERAL GOVERNMENT OF NIGERIA, ANNOUNCES-27 TAX EXEMPT INDUSTRIES

NIGERIAN RESOURCES#4NIGERIAN RESOURCES#5NIGERIAN RESOURCES#3

Prospective investors can now choose from 27 different industries and products, they will invest in, states the Federal Government.

The Minister of Industry, Trade and Investment, Mr. Okechukwu Enelamah, disclosed this information at the end of the meeting of the FEC (Federal Executive Council) last week. Lai Mohammed, the Minister of Information and Culture, added that, the Creative Industry, will be among the 27.

Here is a list of the 27 industries;

1, Mining and processing of coal

2, Processing and preservation of meat/poultry and the production of meat/poultry products

3, Manufacture of starches and starch products

4, Manufacture of animal feeds

5, Tanning and leather dressing

6, Manufacture of leather footwear

7, Processing of cocoa

8, Manufacture of household and personal hygiene paper products

9, Manufacture of paints, vanishes and printing ink

10, Manufacture of plastic products (builders` plastic ware) and molds

11, Manufacture of baterries and accumulators

12, Manufacture of stream generators

13, Manufacture of railway locomotives, wagons and rolling stock

14, Manufacture of machinery for textile, apparel, and leather production

15, Manufacture of machinery for paper and paperboard

16, Manufacture of plastics and rubber machinery

17, Manufacture of metal-forming machinery and machine tools

18, Manufacture of machinery for metallurgy

19, Manufacture of machinery for food and beverage processing

20, Waste treatment, disposal and material recovery

21, E-commerce services

22, Software development and publishing

23, Motion picture, video and television programme production, distribution, exhibition and photography

24, Music production, publishing and distribution

25, Real estate investment vehicles, under the Investments and Securities Act

26, Mortgage backed securities under the investment act &

27, Business process outsourcing

 

 

Author: spannysunkiojack

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