9 Nigerian companies made N277.417bn investments in 3 months, says NIPC

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BY ONYEKA AJUMOBI ONOCHIE

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The Nigerian Investment Promotion Commission (NIPC) has said that nine Nigerian companies, in the last three months of last year, made as much as ₦277.417 billion and created about 1,733 direct jobs.

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The commission which stated this on Tuesday, in a report, Pioneer Status Incentive, pasted on its website, said it granted applications to 19 new companies and extended three applications between October 1 and December 31, 2018.

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According to the commission, eight companies were granted Pioneer Status Incentive with confirmed production dates, even as one application was declined while 23 companies are currently the Pioneer Status Incentive in the reporting period.

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