Why bank directors oppose chairman on windfall tax

  • Bank directors have opposed the views of Femi Otedola and Tony Elumelu on the proposed windfall tax by the Nigerian government
  • The bank directors disclosed that the views of the two billionaires do not represent those of the banking community
  • They said the bank directors will make their views known at a scheduled meeting in August

Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment, and the economy for over a decade.

The Bank Directors Association of Nigeria (BDAN), has opposed the views expressed by the Chairman of First Bank of Nigeria, Femi Otedola, and UBA Chairman, Tony Elumely over the proposed windfall tax.