The Oil and Gas Free Zones Authority (OGFZA) has urged the federal government to grant operators in oil and gas free zones a 10-year exemption from the new tax law.
The Managing Director of OGFZA, Bamanga Jada, in a statement issued on Sunday in Abuja, stated that this would help sustain over $24 billion in investments that have been attracted to the sector.
He said the proposed exemption would provide operators with the needed transition period to adjust to evolving tax…
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