NIPC targets N1.4bn from tax incentive fees by 2020

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The Nigerian Investment Promotion Commission has set a revenue target of N1.46 billion from investment promotion by 2020.
This was disclosed by the Executive Secretary of the commission, Yewande Sadiku in Abuja
Sadiku said that Section 12 of the NIPC Act empowers it to apply fees charged for services rendered by it towards the discharge of its functions.
The executive secretary said NIPC will develop an electronic business facilitation platform and a one Stop Investment Centre .
The commission further plans to strengthen its zonal presence, the Freedom of Information Act disclosure and boost investment promotion strategies.

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