The total number of local and foreign companies exempted from remitting tax revenue to government coffers increased to 105 as of December 2024, The PUNCH reports. Dangote Fertilisers, Mikano International Limited, and 103 others are included in this list. This came amid uncertainties over the programme’s effectiveness and the government’s announced plan to discontinue the policy as part of a …

The Federal Government plans to grant tax waivers on imported equipment to be used in the mining sector, the Minister of Solid Minerals Development, Dr. Dele Alake said on Wednesday. A statement by the minister’s special adviser on media, Mr. Segun Tomori, quoted the minister as saying this when he met with his Saudi Arabian counterpart, Bandar AlKhorayef, on the …