Investment Incentives DLI4

To foster a strong business environment, the Niger State government provides two types of incentives: federal and state. Some of the key incentives include

Federal Incentive

Businesses in Niger State can leverage federal incentives designed to alleviate the challenges of launching new ventures in the state.

State Incentive

Niger State Government provides the following incentives to specifically boost investment into the various sectors. The State specific incentives are detailed below.

Stabilization Incentive

This incentive offers Exemption from payment of State imposed levies/charges for the first three (3) years of entry, namely:

Exemption	Eligibility	Guideline/Procedures:	Implementing Agencies:
Signage Levy	Evidence of Registration with CAC	Application to NSIPA	Ministry of Commerce and Investment
Business Premises	Evidence of Registration with NIPC, for Companies with foreign interest	Submission of business plan/feasibility report	NSIPA/One Stop Shop
Tenement Rates	Registration with NSIPA	Power Point Presentation to the Approval Committee (Representatives of MDAs at the NSIPA)
Ground Rent	Quantum of Investment – Foreign/Large Domestic Investments with a minimum of 2 billion Naira	Letter of Approval to be issued by the Niger State Government within 24 hours of approval
Intent/Processing Fee for C of O	Agribusiness Value Chain components	Time frame from application to approval to be completed within 21 working days subject to the fulfilment of all the requirements on the part of the investor
	Pre-production, Production and Post-production & marketing qualifying activities:- fertilizer blending/production, seed multiplication/distribution, large-scale production of inputs for livestock, poultry and fishery	Certificate signed by the Hon. Commissioner responsible for Investment and issued by the NSIPA. Approval to be copied to: Ministry of Commerce & Investment, State Internal Revenue Board, Host Local Governments, SSG’s office and MDAs relevant to the sector
	Large-scale farming/plantations, medium and large-scale processing, development of medium/large-scale modern storage facilities, development of commodity futures market and export	NSIPA to provide monthly returns on all incentives granted to the above-mentioned stakeholders for records
	Submission of host community CSR Plan (Applicable to foreign/large domestic investments only).
	Evidence of compliance with State regulatory requirements

Consolidation Incentive

This incentive is for Medium Enterprises. It offers investors full exemption for 2 years from State-based imposed levies and charges.

Eligibility	Guideline/Procedures:	Implementing Agencies:
Evidence of Registration with CAC	Application to NSIPA	Ministry of Commerce and Investment
Evidence of Registration with NIPC, for Companies with foreign interest	Submission of business plan/feasibility report	NSIPA/One Stop Shop
Registration with NSIPA	Power Point Presentation to the Approval Committee (Representatives of MDAs at the OSS);
Quantum of Investment of minimum of 200 million Naira but below 2 billion Naira	Letter of Approval to be issued by the Niger State Government within 24 hours of approval
Minimum employment of 10 semi-skilled/skilled State indigenes.	Time frame from application to approval to be completed within 21 working days subject to the fulfilment of all the requirements on the part of the investor;
Agribusiness Value Chain components:	Certificate signed by the Hon. Commissioner responsible for Investment and issued by the NSIPA.
	Pre-production, Production and Post- production & marketing qualifying activities:- fertilizer blending/production, seed multiplication/distribution, medium-scale production of inputs for livestock, poultry and fishery,
	Medium-scale farming/plantations, medium scale processing, development of medium scale modern storage facilities, development of commodity ecommerce platform and export
	Submission CSR Plan.