Nigerian Investment Promotion Commission (NIPC) has released the Report of Pioneer Status Incentive (PSI) applications processed between 01 April and 30 June 2021.
The Q2 report shows that 28 new applications and 5 extension applications were received during the period. 7 approvals-in-principle were granted and no extension application was approved and no approvals were denied.
The NIPC report revealed that 8 companies had their production date certificate confirmed. As at 30 June 2021, 31 companies were still enjoying PSI, 160 applications are still pending and no applications were abandoned.