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What are the export incentives provided by the Nigerian government?
Posted : 29/04/2024 10:43 am
The Nigerian government offers the following incentives to export businesses
Tax exemption: Reduces the tax burden on export-oriented businesses.
Duty drawbacks: Refunds duties paid on imported inputs used in export production.
Export Expansion Grant (EEG): A post-shipment incentive to encourage export expansion and improve competitiveness.
Negotiable Duty Credit Certificates (NDCCs): Can be used to settle import and excise duties.
Export Credit Certificate (ECC): A negotiable tax credit to settle federal government taxes.
Posted : 30/04/2024 11:47 am