OrbitaxOrbitax

Nigeria Introduces Tax Credit Scheme for Road Infrastructure Investment

|Approved Changes|Nigeria
Nigeria

On 25 January 2019, the Nigerian president signed Executive Order 007 on the Road Infrastructure Refurbishment and Development Tax Credit Scheme. The executive order implements a tax and legal framework for private investments in construction and refurbishment of qualifying road infrastructure projects. The scheme provides that the total investment cost incurred by participants in qualifying pr…