About 107 companies are currently benefiting from the federal government’s tax exemption. This is contained in the fourth quarter (Q4) 2023 report on pioneer status incentive application published by the
Tag "tax waivers"
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
Ali Ndume, chief whip of the senate, says Wale Edun, minister of finance, should abolish tax waivers given to companies operating in Nigeria. Ndume spoke in Abuja on Wednesday during
Taiwo Oyedele, chairman of the presidential committee on tax reforms and fiscal policy, says Nigeria has not been very “prudent and transparent” in granting tax waivers. Oyedele spoke on Friday
The house of representatives has approved the winding up and deregistration of the subsidiaries of the Nigerian Postal Service (NIPOST),
The Federal Inland Revenue Service (FIRS) says the government is losing revenue to tax waivers been granted to undeserving companies.
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