President Bola Tinubu says his administration is ending the era of wasteful and opaque waivers.
Tinubu spoke at the second anniversary speech on Thursday, noting that his administration has implemented various reforms to restore and reinvigorate the national economy and strengthen the social fabric as a strong and united country.
The Nigeria Customs Service said waivers and concessions cost the nation N1.3 trillion in 2023 and N1.6 trillion. Various controversial waivers and concessions were granted to certain companies during the Goodluck Jonathan and the Muhammadu Buhari’s administrations.