The tax credit for the Apapa-Oworonshoki-Ojota expressway is valued at N21.6 billion while that of Lokoja-Obajana-Kabba expressway is valued at N721 million.
Nigeria s Federal Inland Revenue Service . | April 30, 2021
Nigerian govt grants Dangote Cement $54 million tax credit
The tax credit for the Apapa-Oworonshoki-Ojota expressway is valued at N21.6 billion while that of Lokoja-Obajana-Kabba expressway is valued at N721 million.
Nigeria’s
Federal Inland Revenue Service (FIRS) on Thursday issued a tax credit certificates worth N22.3 billion to Dangote Cement Plc, for the construction of Apapa-Oworonshoki-Ojota road in Lagos and the Lokoja-Obajana-Kabba road connecting Kogi and Kwara States in the country’s north central region.
The FIRS’ executive chairman, Muhammad Nami, who was represented by Femi Oluwaniyi, coordinating director, Tax Operations Group, made this disclosure while presenting the two tax credit certificates to Dangote Cement in Abuja, an Arisetv report said.