Tax Incentives Panacea to Economic Development in Nigeria

In this work, the writer made an assessment of the legislative provisions and executive policies on tax incentives in Nigeria and also made a critical review on how to solve the defects associated with tax incentives in Nigeria. It is intended to shed more light on the role of tax incentives in the economic development of our nation and the need to adopt a more robust policy to attract more investment in the country. The writer will adopt a comparative analysis of the statutes on tax incentives and also resorted to journals, case laws, text books, internet and international instruments. The conclusions will be drawn based on the research and the writer goes ahead to recommend that there is need for Nigeria to embrace the practice in other jurisdictions with relevant modifications.