Aliko Dangote, Flour Mills, 170 others to lose tax waivers to infant industries

Tax relief applications by Aliko Dangote’s coal company, Flour Mills Nigeria Plc, Max Air, and about 169 other corporations are likely to be rejected by the Federal Government.

This is based on the recently released Pioneer Status Incentive (PSI) second quarter report and the statement made by the Finance Minister, Zainab Ahmed, regarding FG’s plan to phase out tax relief for matured companies.

What you need to know about FG’s tax incentives

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