Nigerians have reacted to the review of the five-year tax incentive enjoyed by Dangote group to ten years by the Nigerian government for the rehabilitation of some roads in the country.
The Minister of Power, Works and Housing, Babatunde Fashola, had announced the government’s decision while speaking at the Business day Road Construction Summit, held in Victoria Island, Lagos, last week.
Mr. Fashola revealed that the government had reviewed the five-year limit on tax order enjoyed by the group to a 10-year period to sustain private investment in road infrastructure, because it is a long-term asset.Read More
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