Nigeria Rakes in N111Bn Tax From U.S. Companies

21 August 2018

United States of America's companies operating in Nigeria contributed about N111 billion as tax to the nation's economy in 2017, LEADERSHIP has exclusively gathered.

The tax figure was a cumulative deductions from the over N2.6 trillion revenue generated by the companies in 2017, representing N1.6 trillion higher than the N1 trillion that was generated in 2016, a survey by the American Business Council has shown.

...

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.