For Nigeria to pull huge investment into the country, the need for Nigeria need to make the incentives policies and regulatory framework more attractive and less stringent has been stressed
The Chairman, State of Mauritius Bank Group, Kee Chong Li Kwong Wing, stated this during the launch of the $300million equity offering issued through the Stock Exchange of Mauritius.
According to Him that the Nigerian Stock Exchange also need to make the listing requirement more flexible to boost investment in the capital market.
He added that regulations on these incentives should be worked out in such a way that the entire process is less complicated..
He pointed out that developing countries grant tax incentives to investments related to manufacture, exploration and extraction of mineral reserves, promotion of export, tourism among others.