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...

NASS Proposes Bill Against Indiscriminate Waivers, Incentives   The Senate, on Tuesday, passed a bill for a second reading to amend the Federal Inland Revenue Service Act to regulate the processes of granting corporate tax holidays, import duty waivers and investment incentives to investors and businesses...

FG Approves Tax Reliefs, Incentives for Start-Ups     The Federal Executive Council approved a plan to incentivise and further harness Nigeria's digital innovation and entrepreneurship ecosystem, during its meeting on 18th May, 2022. This followed the presentation of a memo by the Honourable Minister of Communications and...