Senate panel wants FG to stop tax waivers to corporate organisations

The Senate Committee on Appropriations has asked the federal government to stop tax waivers granted to some corporate organisations by the administration of former President Muhammadu Buhari.

Chairman of the committee, Adeola Olamilekan, said this on Wednesday during an interactive session on the 2024 Appropriation Bill, with the Minister of Finance, Wale Edun, and his counterpart in the Ministry of Budget and Economic Planning, Atiku Bagudu.

Mr Olamilekan, the senator representing Ogun West on the platform of the All Progressives Congress (APC), said the country is losing huge revenue to tax waivers and incentives.