Section 172 Nigeria Tax Act 2025

Section 172 of the Nigeria Tax Act 2025 is about Application of economic development incentive certificate. It provides as follows:

(1) Subject to the provision of section 173 of this Act, where an economic development incentive certificate is issued to a company and the provisions of Chapter Two of this Act has been applied on the company after the effective date of the certificate, appropriate adjustments shall be made to give effect to the provisions of this Part.

(2) No economic development incentive certificate under this Act shall be issued with a retroactive date.