Nigeria: FG Grants Tax Relief to Companies That Donated to Covid-19 Relief Fund

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Sumary of Nigeria: FG Grants Tax Relief to Companies That Donated to Covid-19 Relief Fund:

  • (Clarification that it is the employer’s obligation to account for tax on payments relating to compensation for loss of office.) “Introduction of software acquisition as qualifying capital expenditure to improve the ease of doing business.”.
  • The statement further said, “Minister of State for Budget and National Planning, Clem Agba made presentation at the virtual NEC meeting for the month of November 2020..
  • Sign up for free AllAfrica Newsletters Akande said the Minister reported to council that the balance of Excess Crude Account ECA as at 17th November, 2020 was at $72,409,970.48 The Stabilization Account balance was N49, 151,181,622.35, while the Natural Resources Development Fund Account balance was N155, 530,778,234.58 The statement stated that the committee chaired by the Vice President to engage with youths and other critical stakeholders in addressing the deeper roots of the #EndSARs protests which was formed at the last NEC presented its report…

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