Home POLICY NIPC publishes Q3 2021 Pioneer Status Incentive report

NIPC publishes Q3 2021 Pioneer Status Incentive report

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Nigerian Investment Promotion Commission (NIPC) has published the Report of Pioneer Status Incentive (PSI) processed between 01 July and 30 September 2021.

The Q3 Report shows that 28 new applications and 6 extension applications were received during the period. 16 approvals-in-principle were granted, 3 extension applications approved and 2 applications were denied.

The Report reveals that 8 companies had their production date certificates confirmed. And as of 30 September 2021, 35 companies were still enjoying the PSI, 168 applications are still pending and no application was abandoned.

NIPC INTELLIGENCE

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