Aug 8, 2017

Industries liable to receive Pioneer Status in Nigeria

The federal government on Monday, 7th August, 2017 , released the full list of the 27 key industries and products included in the revised list of ‘pioneer status’ incentives for prospective investors. This include –

1.     Mining and processing of coal;

2.     Processing and preservation of meat/poultry and production of meat/poultry products

3.     Manufacture of starches and starch products;

4.     Processing of cocoa;

5.     Manufacture of animal feeds;

6.     Tanning and dressing of Leather;

7.     Manufacture of leather footwear, luggage and handbags;

8.     Manufacture of household and personal hygiene paper products;

9.     Manufacture of paints, vanishes and printing ink;

10.    Manufacture of plastic products (builders’ plastic ware) and moulds;

11.  Manufacture of batteries and accumulators;

12.   Manufacture of steam generators;

13. Manufacture of railway locomotives, wagons and rolling stock;

14.  Manufacture of metal-forming machinery and machine tools;

15.  Manufacture of machinery for metallurgy;

16.Manufacture of machinery for food and beverage processing;

17. Manufacture of machinery for textile, apparel and leather production;

18. Manufacture of machinery for paper and paperboard production;

19.   Manufacture of plastics and rubber machinery;

20.Waste treatment, disposal and material recovery;

21. E-commerce services;

22. Software development and publishing;

23.    Motion picture, video and television programme production, distribution, exhibition and photography;

24.   Music production, publishing and distribution;

25.   Real estate investment vehicles under the Investments and Securities Act;

26.Mortgage backed securities under the Investments and Securities Act; and

27.Business process outsourcing.

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