FG To Deduct Illegal Taxes From Federation Allocation

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The Federal Government has resolved to deduct from federal allocation any illegal taxes by states on the mining sector and has advised states to register companies and participate in mining but not as sub-national authorities as the law is very clear.

The minister of information and culture, Lai Mohammed who disclosed this after FEC meeting on Wednesday, stated that the federal government has exclusive right to mine and manage all mineral resources, adding that double taxation is driving investors out of the country.

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