Nigeria loses N40bn from duty waivers on steel

by | March 5, 2013 11:15 am

  Five years after a presidential committee on the review of incentives, waivers and concessions, recommended the abolition of discretionary waivers, the Federal Government has continued the process, leading to the loss of about N40 billion in concessionary waivers to only seven companies in the steel sector. Analysts and sources close to BusinessDay dismissed the concessions,…

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