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Manufacturers paid N840bn tax in 2022 – Report

Taxes paid by manufacturers to the Federal Government rose by 60 per cent to N839.6 in 2022 from N524bn recorded in the prior year, according to findings by The PUNCH. Data sourced from separate reports compiled by the National Bureau of Statistics showed that manufacturing company income tax rose significantly in 2022 to N468.59 compared with N235bn in the corresponding period in the previous…
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