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2025-12-19 13:00:00
As reported by The Punch, the Federal Government says 149 companies currently enjoying pioneer-status incentives will retain their tax holidays for at least two more years as Nigeria transitions to a new tax regime from January 2026.
The decision is framed as a stability measure so firms approved under the old regime don’t face a sudden cliff-edge while a redesigned incentive framework takes effect.
Verification: MSME Africa also reported the two-year cushion for existing beneficiaries, while KPMG’s tax note discusses the transition to the Economic Development Tax Incentive (EDTI) scheme effective January 1, 2026.
Quotes: MSME Africa: “retain their tax holidays for at least two more years…” KPMG: “transition… takes effect January 1, 2026.”
Analysis/Echotitbits take: Incentives must be disciplined and outcome-based. Watch for transparency on beneficiaries/sectors, measurable investment and jobs delivered, and whether the new scheme reduces rent-seeking.
Source: The Punch — 2025-12-19 — https://punchng.com/149-firms-retain-tax-holidays-under-new-law-fg/
The Punch 2025-12-19
