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...
Customs Grants Over N1.4trn Waivers In Three Years
The Nigeria Customs Service (NCS), granted over N1.4trillion as waivers on imported goods in the last three years.
Import duty waivers, concessions and exemptions are used by the governments across the globe to protect local industries, boost the...
NIMASA Denies Granting Waivers To Shipping Firms
The Nigerian Maritime Administration and Safety Agency has dismissed as false, allegations that it has been granting waivers to shipping firms.
It also refuted allegations of preferential treatment of foreign shipping companies in the shipment of petroleum products.
The Director-General,...
Fed Govt Grants Importers N342bn Waivers
The federal government of Nigeria on Thursday said it granted N342bn waivers to importers in the last two years.
Minister of Finance, Budget and National Planning, Zainab Ahmed, said this at the second phase of the one-day sensitisation seminar on...
