Section 24 Nigeria Startup Act

Section 24 Nigeria Startup Act 2022 is about Incentives for a labelled startup under the Pioneer Status Incentive Scheme. It is under Part VII (Tax and Fiscal Incentives) of the Act.

A labelled startup which falls within industries captured under the extant Pioneer Status Incentives (PSI) Scheme may upon application through the Secretariat receive expeditious approval from the Nigerian Investment Promotion Commission (NIPC) for the grant of the tax reliefs and incentives under the PSI Scheme.