9 Nigerian companies made N277.417bn investments, NIPC says

Nine Nigerian companies made as much as ₦277.417 billion in the last three months of last year and created about 1,733 direct jobs, the Nigerian Investment Promotion Commission (NIPC) said Tuesday.
The commission, in a report, ioneer Status Incentive, found on its website, said it granted applications to 19 new companies and extended three applications between October 1, 2018 and December 31 of the same year.
According to the commission, eight companies were granted Pioneer Status Incentive with confirmed production dates, one application was declined and while 23 companies are currently the Pioneer Status Incentive in the reporting period.

Written by Ruth Olurounbi

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