The Nigerian Investment Promotion Commission says it has remitted a total of N5.36 billion into the consolidated revenue fund from 2016 to the first quarter of 2021.
This represents 46 percent of its total revenue for the period.
Asides from monitoring all investment promotion activities in the country, the commission also assists incoming and existing investors by providing support services.
Part of these services is the pioneer incentive status which was aimed at encouraging investors.
According to the commission’s financial summary, it spent N6.16…
