FG to deduct money from states over double taxation


THE Federal Government is set to sanction states engaging in double taxation in the country, as the Federal Executive  Council (FEC) has asked the Minister of Finance, Budget and National Planning, Hajia Zainab Ahmed, to deduct money from source from those states.

This was disclosed by the Minister of Information and Culture, Alhaji Lai Mohammed, after the FEC meeting held on  Wednesday. Mohammed said the Minister of Mines and Steel Development, Adegbite Olamilekan, told the council that insecurity had hampered the sector while investors are leaving the country because of double taxation.

The information minister said: “The Honorable Minister of Mines and Steel Development presented a…

Source: Nigerian Tribune