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Tax Exemptions, Waivers to Cost FG N12.4trn in Four Years

Tax Exemptions, Waivers to Cost FG N12.4trn in Four Years   A whopping N12.384 trillion will be forgone by the Federal Government as tax waivers, concessions and incentives in the four years (2023 – 2026). Beneficiaries of these revenue losses include big corporations, start-ups and politically exposed...

FG To Finance 2019 Budget Deficit With New Taxes, Concessions

FG To Finance 2019 Budget Deficit With New Taxes, Concessions   The Federal Government plans to finance Nigeria’s N1.859tn budget deficit in 2019 by introducing new taxes and adopting a concessionary financing system under its privatisation programme. The government also stated that the projected deficit, at 1.33...