FG forgoes $577.6m as road tax credit to NNPCL

Punchng | 09-03-2025 02:11pm |

The Federal Government has forgone $577.6m in tax revenue under the Road Infrastructure Tax Credit Scheme to the Nigerian National Petroleum Company Limited from February to December 2024. The FAAC Post-Mortem Report for February 2025 obtained by Sunday PUNCH revealed that $52.5m was deducted monthly from the FIRS JV Gas Company Income Tax, bringing the Read More

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