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Tax-exempted firms invested N2.53tn in Nigeria – FG

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Tax-exempted firms invested N2.53tn in Nigeria – FG

25 Apr, 2025

The federal government has revealed that the 107 companies which it granted tax exemptions to collectively invested ₦2.53 tn into the Nigerian economy before securing approvals. The companies committed to investing a substantial amount across various critical sectors of the economy while also pledging to create employment opportunities for Nigerians—both of which are fundamental prerequisites for qualifying for the three-year tax exemption granted by the government. ................  READ MORE