Nigeria lost N17 trillion to tax waivers in five years
The Senate Committee on Finance has declared that the country lost about N17 trillion to tax waivers in the last five years.
The Chairperson of the Committee, Sani Musa, disclosed this on Monday during an interactive session with the management team of the Federal Inland Revenue Service (FIRS).
The administration of former President Muhammadu Buhari granted tax waivers to some corporate organisations.
During the budget defence last December, the Senate Committee on Appropriations asked the federal government to…