NIGERIA, Dec. 9 -- The Federal Government has inaugurated the National Tax Policy Implementation Committee to oversee the rollout of the newly introduced capital gains tax provisions, signalling a coordinated effort to ensure clarity, investor protection and a stable transition for the capital market.
The move follows weeks of technical engagements with the Securities and Exchange Commission and the Nigerian Exchange Group.
The consultations were aimed at aligning fiscal objectives with market realities, especially as Nigeria intensifies efforts to attract deeper domestic and foreign investment.
Market operators had earlier raised concerns that an uncoordinated implementation could affect liquidity and confidence.
The News Chron...
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