Investment Incentives
Competitive tax rates, land allocation support, infrastructure development, and business-friendly policies designed to maximize your investment returns.
Investment Incentive Packages
Comprehensive support packages designed to maximize your investment returns and accelerate business growth.
Tax Incentives
- 5-year corporate tax holiday for new manufacturing companies
- Reduced personal income tax rates for expatriate staff
- VAT exemption on imported machinery and equipment
- Accelerated depreciation allowances for capital investments
Eligibility Criteria:
Manufacturing companies with minimum investment of ₦500 million
Land Allocation Support
- Free land allocation in designated industrial zones
- Fast-track land documentation and title processing
- Pre-developed industrial plots with basic infrastructure
- Flexible land lease terms up to 99 years
Eligibility Criteria:
Companies creating minimum 100 direct jobs
Infrastructure Development
- Government co-funding for access roads and utilities
- Priority connection to power grid and telecommunications
- Shared industrial facilities and common services
- 24/7 security in industrial parks and zones
Eligibility Criteria:
Investments in priority sectors with minimum ₦1 billion commitment
Human Capital Development
- Subsidized training programs for local workforce
- Fast-track work permits for expatriate personnel
- Partnership with local universities for skills development
- Access to SkillUpIMO trained technology professionals
Eligibility Criteria:
Companies committing to local employment targets
Sector-Specific Benefits
Tailored incentive packages for priority investment sectors.
| Sector | Key Incentives | Min. Investment | Job Creation | Priority Level |
|---|---|---|---|---|
| Manufacturing | Tax holidayLand allocationInfrastructure support | ₦500M | 100+ | High |
| Agriculture & Agribusiness | Tax reductionLand supportEquipment financing | ₦200M | 50+ | Very High |
| Technology | Tax holidayOffice spaceTalent access | ₦100M | 25+ | Very High |
| Tourism & Hospitality | Tax reductionMarketing supportLand allocation | ₦300M | 75+ | High |
| Renewable Energy | Tax holidayInfrastructure supportGrid access | ₦1B | 50+ | Very High |
Incentive Calculator
Calculate your potential savings and benefits with our interactive tool.
Application Process
Simple, streamlined process to access your investment incentives.
Initial Application
Submit investment proposal and required documentation
Review & Assessment
Technical and financial evaluation by expert committee
Approval & Agreement
Incentive package approval and agreement signing
Implementation
Monitor compliance and disburse approved incentives
Investment Incentives FAQ
Understanding your investment benefits
How do I qualify for tax incentives?
Manufacturing companies with minimum investment of ₦500 million qualify for 5-year tax holidays. Other sectors have different minimum thresholds and specific requirements based on job creation targets.
What land allocation support is available?
Companies creating minimum 100 direct jobs receive free land allocation in designated industrial zones with fast-track documentation, pre-developed infrastructure, and flexible lease terms up to 99 years.
How long does incentive approval take?
The streamlined 4-step process takes approximately 4 weeks total: 1 week for initial application, 2 weeks for review and assessment, 1 week for approval and agreement signing.
