FG loses N1.85tn to dubious tax refunds

By issuing pioneer status certificates to companies other than those granted by law, the Nigerian Investment Promotion Council (NIPC) has caused the government to refund taxes amounting to about N1.850 trillion. The House of Representatives at plenary yesterday therefore mandated its committee on finance, when constituted, to probe the issuance of pioneer status to firms […]

FG loses N1.85tn to dubious tax refunds

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