- 5 Marks
ATAX – May 2017 – L3 – Q4a – Tax Incentives and Reliefs
List five incentives provided by the Federal Government of Nigeria to attract investors to the solid minerals sector.
Question
Oil and Gas are major sources of revenue for the Federal Government of Nigeria (FGN). This has become a burden to the government due to its inability to control the volume of production and price. To ameliorate this burden, the FGN is seeking alternative sources of revenue, and solid minerals have been identified.
Required:
State FIVE incentives put in place by the Federal Government of Nigeria (FGN) to attract potential investors to the solid minerals sector. (5 Marks)
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