
Companies Operating in Nigeria May be Liable to 0.25% Turnover Tax Under the NASENI Act.
On 24 January 2021, President Muhammadu Buhari ordered the Federal Inland Revenue Service (FIRS) to collect the statutory levy applicable under the National Agency for Science and Engineering Infrastructure (NASENI) Act. The Federal Government of Nigeria established the Agency (NASENI) in 1992 with the primary