Reps Probe Tax Breaks, Export Incentives, Says Nigeria Loses N8trn Annually

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Juliet Akoje in Abuja


The House of Representatives has begun a comprehensive review of how tax incentives, export support schemes, waivers, exemptions, and other fiscal concessions granted by the federal government were administered between 2015 and 2025, as well as their overall impact on the economy.


This comes as the Joint Committee of the Senate of Nigeria and the House of Representatives voiced strong dissatisfaction over the failure to release capital funds earmarked for the Federal Ministry of Interior, describing the situation as a serious blow to project delivery and institutional efficiency.

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