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Investment-starved Nigeria may be shooting itself in the foot with a double taxation policy on holding companies that is deterring investment. This year alone, a global car manufacturer and technology giant have shelved plans to make Nigeria the headquarters of a holding company (HoldCo) to manage their interests across Africa, according to sources familiar with […] For instance, recycling companies that manufacture polythene products from recyclables in Nigeria, turn in high revenues. 3). The location and size of the recycling company has to both be in a frequented environment where a lot of market traders and buyers ply, and the warehouse been used for the recycling company must be very obvious.

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