Tag: firms

Nigerian Government Shortlists 18 Firms To Toll Abuja-Lokoja, Lagos-Abeokuta, 10 Other Roads

Lekki-Epe expressway toll gate The Federal Ministry of Works and Housing has shortlisted 18 firms from among 75 bidders seeking to operate and toll 12 economically viable highways on a concession basis. The ministry has also concluded the evaluating proposals for phase one of the Value-Added Concession (VAC) under the Highway Development and Management Initiative…

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FG grants three-year tax relief to 33 companies, bars 10 firms

The Federal Government approved the application of 33 companies seeking pioneer status under the Industrial Development Income Tax Act in 2021. This was contained in the quarterly PSI reports released by the Nigeria Investment Promotion Commission. The reports also revealed that investments made by the 33 companies during the year amounted to N543.88bn. It also……

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