Paschal Emeka, Abuja
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami, has described the Road Infrastructure Tax Credit Scheme as one of the greatest innovations of the Federal Government in its effort to arrest the nation’s infrastructure deficit.
The scheme which was introduced by the Federal Government was the subject of debate and scrutiny at the Senate Stakeholder and Public Hearing on the 2023 Medium-Term Expenditure Framework, MTEF and Fiscal Paper held at the Senate Chambers.
“I think one of the greatest innovations of the current government is the Executive Order 007, which was signed into law in 2019. “I want to speak about the one we are handling jointly with the NNPC.
The FIRS chairman disclosed that the NNPC through its subsidiary is investing in about 1,824 kilometres of roads across the six geopolitical zones of the country.