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Tag: Tax Law

No 25% Levy in Tax Law, Federal Government Tells Amaechi
  • World News

No 25% Levy in Tax Law, Federal Government Tells Amaechi

ALO3605 months ago5 months ago03 mins

Rotimi Amaechi, former minister of transportation, sparked controversy in a viral video. He claimed the Nigeria Tax Act 2025 imposed a 25 percent levy on funds for building materials. Amaechi stated the laws would start in 2027. He said, “If you are buying cement or any building material, they will deduct 25 percent from that…

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