New Withholding Tax Policy Begins, Exempting Manufacturers, SMEs

The Federal Government has officially begun the implementation of the 2024 Withholding Tax Regulations. The new regulation exempts manufacturers, SMEs, and farmers from withholding tax obligations, a measure aimed at strengthening these critical sectors to ensure their sustainability and long-term growth. The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele,…

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GCCA Pushing for Global Buying of Green Cement to fast-track Industrial Decarbonisation

▪︎Thomas Guillot, Chief Executive of the GCCA (left); Alice de Moraes Amorim Vogas, Special Advisor for COP30 (middle); German Vice Chancellor and Federal Minister for Economic Affairs and Climate Action, Robert Habeck (right). The Global Cement and Concrete Association (GCCA) says policymakers, governments and the private sector should buy into Procurements of green cement and concrete , saying…

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