Nigerian Federal Government approves electronic monitoring framework for Import Duty Exemption Certificates (IDECs).

The Nigerian Federal Government, under the direction of Finance Minister Wale Edun, has approved an electronic monitoring and evaluation (M&E) framework for Import Duty Exemption Certificates (IDECs). The Incentive Monitoring and Evaluation Platform (IMEP) aims to enhance oversight of tax expenditures, prevent ineligible applicants from receiving benefits, ensure compliance with fiscal policies, and provide a comprehensive analysis of tax incentives' economic impact.

April 15, 2024
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