Eko Hot Blog reports that the Nigerian Senate has on Wednesday asked the Federal Government to ban importation of all materials manufactured in Nigeria and customs tariffs amended accordingly.
Similarly, the Senate also called on the Federal Government to ensure that all tax waivers not directly linked to non- overnmental/non-profit organisations should not be granted.
It recommended further that all tax waivers from 2015 to date should be investigated by the relevant committees of the Senate.
The apex legislative assembly passed these resolutions while considering the report of the Senate joint Committee on Finance, Appropriations, National Planning, Local and Foreign Debts on the 2024-2026 Medium Term Expenditure Frame Work (MTEF) and Fiscal Strategy Paper (FSP).
Senator Godswill Akpabio, Senate President
The Senate also ordered investigation into all tax waivers from 2015 till date and directed that all waivers not directly linked to non-governmental/ non-profit organizations should not be granted, adding that before waiver could be approved, certain conditions must be attached as some people had been benefitting from the waiver years unending.
Garlic, ginger, and turmeric fight infections with strong antibacterial properties. Honey, neem, and bitter…
Tinubu projects economic growth, inflation drop, and prosperity for Nigeria in 2025. Youth empowerment, national…
DG NIMR, Prof. Obafunwa Appeals to FG For Electricity Waiver Prof. Obafunwa Laments The Excesses…