By Miriam Humbe
Nigerian Investment Promotion Commission (NIPC) has released the Report of Pioneer Status Incentive (PSI) applications processed between 01 July and 30 September 2020.
The Q3 Report shows that 28 new applications and 3 extension applications were received during the period.
3 approvals-in-principle were granted and 1 extension application was approved. No approvals were denied during the period.
The Report revealed that 3 companies had their production date certificate confirmed.
As at 30 September 2020, 37 companies were still enjoying PSI, 102 applications are still pending and 60 applications abandoned.