Aso Villa Reads for 8/8/17

Every day, we bring you the best stories the media is reporting about the Government of Nigeria.

Daily Trust reports that the Nigerian Sovereign Investment Authority (NSIA) “has resuscitated 11 fertilizer blending plants across Nigeria, which substantially brought down the price of fertilizer”, ending fertilizer subsidy and ensuring the availability of the commodity for agriculture. #AugustAgric #AgricRevolution

Significant interest has been noticed from investors (external and internal) who are eager to take advantage of the potentials and incentives in the Federal Government’s proposed Special Economic zones. Business Day says that Federal Government will soon commence implementation as “significant progress in discussions with interested investors” is ongoing.

Big congratulations to the National Power Training Institute of Nigeria (NAPTIN), who “has been named a Centre of Excellence (CoE) in power sector training in Africa by the African Network of Centres of Excellence in Electricity (ANCEE)”, according to Daily Trust.

Daily Post writes that “Nigeria has emerged the largest producer of catfish in Africa through the introduction of import reduction and backward integration policy.” #AugustAgric #AgricRevolution

In a bid to boost investment in the Nigerian economy, the Federal Government has enlisted 27 industries to enjoy the new Pioneer Status Incentive (PSI). The media is awash with the great news and according to Daily Trust reports that the PSI “is designed to reduce the cost of doing business in Nigeria by providing corporate income tax relief to qualifying companies making investments in industries designated as ‘Pioneer’. The industries include coal, meat, poultry, cocoa, music production, publishing and distribution among others.”

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