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Tag "senate committee on finance"

Senate panel: FG’s tax credit scheme will bridge gap in financing road projects

    Senate panel: FG’s tax credit scheme will bridge gap in financing road projects

The senate committee on finance says it is convinced that the federal government’s tax credit scheme will bridge in financing road projects. Sani Musa, chairman of the senate committee on

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Senate panel asks FIRS to suspend tax waivers, says Nigeria lost N17trn in five years

    Senate panel asks FIRS to suspend tax waivers, says Nigeria lost N17trn in five years

The senate committee on finance has frowned on the N17 trillion loss incurred by the country on tax waivers within the last five years. Speaking during the 2024 budget presentation

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CBN disagrees with senate over ‘unremitted’ operational surplus to consolidated revenue fund

    CBN disagrees with senate over ‘unremitted’ operational surplus to consolidated revenue fund

The Central Bank of Nigeria (CBN) on Wednesday disagreed with the senate over allegation of unremitted 80% of operational surpluses into the consolidated revenue fund (CRF) since 2016. Solomon Adeola,

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