The House of Reps is set to probe the Nigerian Investment Promotion Council (NIPC) for the N1.85 trillion pioneer status ‘income tax relief’ it allegedly granted to some firms.
It has mandated its Committee on Finance (when constituted) to investigate the issuance of pioneer status granted over the past six years to determine if there were any abuses and recommend ways to recover lost revenues.
It has mandated its Committee on Finance (when constituted) to investigate the issuance of pioneer status granted over the past six years to determine if there were any abuses and recommend ways to recover lost revenues.
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