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Multiple Taxes, High-interest Loans Killing Manufacturers, Says Makoju

Multiple Taxes, High-interest Loans Killing Manufacturers, Says Makoju Group Managing Director of Dangote Cement, Joseph Makoju, has revealed why many investors will not put large amount of money into the manufacturing industry. Apart from the long gestation period before invested funds could be recouped, he said...

FG, States Contravene FRA Via High Interest Loans, Says FRC

FG, States Contravene FRA Via High Interest Loans, Says FRC The Federal Government and state governments have been violating the Fiscal Responsibility Act by borrowing high interest loans, the Fiscal Responsibility Commission has said. In its 2017 Annual Report and Audited Accounts obtained by our correspondent...