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Tag Archives: Tax credit

NIQS seeks role in government’s infrastructure tax credit scheme

NIQS

Nigerian Institution of Quantity Surveyors (NIQS) last week backed the Federal government’s new Executive Order on Road Infrastructure Development and Refurbishment Investment tax Credit Scheme, as they seek the inclusion of professionals, especially its members in the proposed management committee. However, the innovative Order whilst very good in principle, they said, could fail due to many possible abuses and some ...

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“Tax credit is a strategic option for financing infrastructure” – Igwilo

tax credit

TAX CREDIT – In 2014, the National Integrated Infrastructure Master Plan estimated that financing Nigeria’s infrastructure would gulp $2.9 trillion in the next 30 years. At N360 per dollar exchange rate, government, therefore, requires N36 trillion annually for 30 years to meet infrastructure development needs of the country. Traditional funding from budgetary allocations to different levels of government can no longer ...

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