Nigerian business leaders warn high taxes in the 2024 Tax Bill could hurt the economy and innovation.

Nigeria's Chamber of Commerce and the Organized Private Sector warn that high taxes could harm businesses and the economy. They advocate for a review of the 2024 Tax Bill to avoid stifling innovation and investment. NACCIMA President Dele Oye called for a more collaborative approach and suggested expanding non-oil exports by setting up trade offices and offering incentives for banks to support export-oriented businesses.

November 25, 2024
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