The federal government, through the Presidential Committee on Fiscal Policy and Tax Reforms, has highlighted some of the incentives in the new tax laws aimed at boosting the manufacturing sector in Nigeria.
Speaking at a stakeholders engagement with the Manufacturers Association of Nigeria MAN themed, "From Legislative Assembly to Factory Floor: What the New Tax Laws Mean for Nigerian Manufacturers", Chairman of the Presidential Committee, Taiwo Oyedele, acknowledged that manufacturers grappled with multiple taxation, high tax burdens and VAT compliance challenges under the old tax regime concerning.
