🌍 Africa 11h ago · Chioma Nwangwu

Tax credits, development levy to steer capital into infrastructure, energy

BusinessDay Nigeria
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Tax credits, development levy to steer capital into infrastructure, energy
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Nigeria is turning to its tax system to finance infrastructure and energy projects, introducing new tax credits and a consolidated levy aimed at mobilising private capital into sectors long constrained by funding gaps. The urgency behind the reforms reflects a deeper fiscal challenge. “Our tax-to-GDP ratio is one of the lowest in the world. How […]
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