INDUSTRIAL DEVELOPMENT (INCOME TAX RELIEF) (STARCH) ORDER, 1964
Act · Finance
Policy date: 1964-01-01
An Order grants income tax relief to starch production companies to encourage industrial development. It targets starch manufacturers and related agricultural industries. The goal is to reduce import dependence by boosting domestic processing.
INDUSTRIAL DEVELOPMENT (INCOME TAX RELIEF) (STARCH) ORDER, 1964
What Is This Policy?
A 1964 ministerial order granting pioneer status income tax relief to starch production companies in Nigeria, one of the earliest uses of the Industrial Development (Income Tax Relief) Act to stimulate specific industries.
Who Does It Target?
Starch manufacturing companies (historical) NIPC administering current pioneer status applications Agricultural processing industries Federal Ministry of Industry
What Does It Aim to Achieve?
Incentivise investment in starch production in Nigeria during the 1960s by granting tax holidays to qualifying starch manufacturers, to reduce import dependence and develop domestic processing.
Key Features
Pioneer Status for Starch: Granted income tax relief to companies manufacturing starch products from locally grown cassava and other crops. Tax Holiday: Qualifying starch manufacturers received relief from income tax for the prescribed pioneer period. Local Processing: Designed to stimulate value addition to locally grown agricultural raw materials. Historical Precedent: One of Nigeria's earliest sector-specific industrial incentive orders.
Current Status
Rollout Stage: Historical — current pioneer status applications under NIPC Act Coverage: Historical starch manufacturing sector Beneficiaries: Historical — starch manufacturers; agro-processing incentive precedent Funding: Revenue concession
How to Access
Historical reference only — current pioneer status: apply to NIPC Modern starch processing companies may apply for pioneer status under current NIPC framework Application method: Current pioneer status applications at https://www.nipc.gov.ng
Important Terms
This 1964 Order is historical; the current framework for pioneer status is the Industrial Development (Income Tax Relief) Act as administered by NIPC Pioneer status for agro-processing remains available under current law The Order demonstrates Nigeria's early use of tax incentives for import substitution industrialisation
Official Resources
Website: https://www.nipc.gov.ng Contact: Nigerian Investment Promotion Commission (NIPC)
Legal Framework
The Industrial Development (Income Tax Relief) (Starch) Order 1964 is recognized under Section 315 of the 1999 Constitution as an existing law. It operated under the Industrial Development (Income Tax Relief) Act framework, which empowers the Minister to grant pioneer status tax holidays. The modern framework is now governed by the Industrial Development (Income Tax Relief) Act Cap. I7 LFN 2004, the Companies Income Tax Act, and the Federal Inland Revenue Service (Establishment) Act 2007.