States, LGs lose billions of naira to FG’s road infrastructure tax credit scheme

Tribune Online States, LGs lose billions of naira to FG’s road infrastructure tax credit scheme STATES and local governments in the country have lost billions of naira as revenue from the federation account sequel to the implementation of the Federal Government Road Infrastructure Tax Credit Scheme (RITCS). The RITC, which is meant to facilitate the construction and rehabilitation of federal roads, encourages companies to commit their resources to the construction […] States, LGs lose billions of naira to FG’s road infrastructure tax credit scheme Tribune Online

States, LGs lose billions of naira to FG’s  road infrastructure tax credit scheme

Tribune Online
States, LGs lose billions of naira to FG’s road infrastructure tax credit scheme

Nigeria, budget

STATES and local governments in the country have lost billions of naira as revenue from the federation account sequel to the implementation of the Federal Government Road Infrastructure Tax Credit Scheme (RITCS). The RITC, which is meant to facilitate the construction and rehabilitation of federal roads, encourages companies to commit their resources to the construction […]

States, LGs lose billions of naira to FG’s road infrastructure tax credit scheme
Tribune Online