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The government of oil-rich Nigeria strived to attract Foreign Direct Investment (FDI) through tax incentive, because of its acknowledged advantages as a tool for economic development.However, the trade-off between the sacrificed tax revenue and the expected gains from FDI are inconsistentas there is contentious evidence in the literature that tax incentive is actually the attraction for FDI. This study is aimed at filling this gap, therefore, it examines the impact of tax incentives on foreign direct investments in the oil and gas sector in Nigeria.
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A 2012 study studied this question.
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