Lagos is the premium destination to experience entertainment in Nigeria with ample opportunities for investment
The Nigerian music industry is the most dominant in Africa with most of the key performers based in Lagos
Tax related incentives include:
» 25% of income derived from tourism by hotels in convertible currencies will be exempted from tax
» Tax holiday of 3 – 5 years
» Import duty exemption on tourism related equipment.
» Provision of land for tourism development at concessional rates.
» Availability of soft loans with long period of moratorium.
» CIT – 30%
» ET – 2%
» WHT – 10%
Regulatory Bodies» National Film & Video Censors Board
» Nigerian Copyright Commission
» Nigerian Broadcasting Corporation
» Lagos State Ministry of Tourism and Inter-Governmental Relations