PRESIDENT TINUBU'S MESSAGE OF CONDOLENCE TO CHIMAMANDA ADICHIE AND HER FAMILY. (PHOTO). #PRESS RELEASE.

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 STATEHOUSE PRESS STATEMENT PRESIDENT TINUBU'S MESSAGE OF CONDOLENCE TO CHIMAMANDA ADICHIE AND HER FAMILY   With a deep sense of grief, I condole with Ms Chimamanda Ngozi Adichie, her husband, Dr Ivara Esege, and the entire family on the passing of their son, Nkanu Nnamdi.   As a parent myself who has suffered the loss of a loved one, no grief is as devastating as losing a child.   I empathise with the family at this difficult time, and I mourn this sad loss with them.   Ms Adichie is a literary icon who has brought joy and light to many homes globally, and I pray she and her family find strength in the Almighty in this trying hour.   My prayers are with the family.   Bola Ahmed Tinubu, GCFR President and Commander-in-Chief of the Armed Forces Federal Republic of Nigeria January 8, 2026
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105 COMPANIES GRANTED TAX WAIVERS IN Q4 2024 — NIPC. (PHOTO).

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 105 Companies Granted Tax Waivers in Q4 2024 — NIPC


The Nigerian Investment Promotion Commission (NIPC) has announced that 105 companies were granted corporate income tax waivers under the Pioneer Status Incentive in the fourth quarter of 2024.


According to the NIPC’s Q4 report, the beneficiaries, including Dangote Fertilisers, Mikano International, Dufil Prima Foods, and Edo Refinery, collectively invested over N2.4 trillion.


The pioneer incentive offers qualifying firms a three-year tax holiday, extendable by up to two years, to stimulate industrial growth.


As of December 31, 2024, NIPC received 19 new applications, approved extensions for eight companies, and granted 22 fresh approvals.


While the report did not disclose the total value of the waivers, authorities have flagged concerns over the rising cost of tax incentives, which reportedly amount to about N6 trillion annually.

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