Chairman of the Presidential Committee on Tax and Fiscal Policy Reform, Taiwo Oyedele, expressed concern over Nigeria losing N6 trillion annually in tax waivers.
During an interview on Channels Television's Sunrise Daily, Oyedele emphasized the significant impact of this loss on the country's economy, stating that the government has failed to measure the waivers' impact.
He highlighted that giving away such a substantial amount, especially considering Nigeria's revenue base, raises questions about the economic viability of the tax incentives. Oyedele stressed the need for a more measured approach to tax waivers, considering their implications on the nation's finances.