Lagos

WHY NIGERIA?

  • Nigeria is determined to meet its demands and contribute more to the West Africa power pool. Huge investment opportunities exist in the Nigeria
  • Electricity Supply Industry as local and international investors are encouraged to take advantage of the huge opportunities in the sector, such as:
  • Expansion of existing facilities in generation, transmission and distribution
  • Manufacturing of wires, cables, Transformers and other auxiliary equipment
  • Building new integrated power plants (IPPs)
  • Expansion of existing transmission lines
  • Production and distribution of metering devices
  • Provision of operations and maintenance services

Special Incentives for Investors:

  • Huge market with abundant opportunities for investors
  • Purely private sector driven
  • Extensive gas infrastructure facilities
  • Efficient and effective regulatory authority
  • Cost Reflective tariff for electricity
  • 0% duty on power generation equipment
  • 0% capital allowance for 5 years
  • Cost Reflective Gas pricing mechanism
  • Tax holiday for manufacturing activities (up to 3 years tax holiday renewable for additional 2 years)