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Topic: Fed Govt slams higher interest rate on tax debtors  (Read 1591 times)

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Fed Govt slams higher interest rate on tax debtors
« on: May 23, 2017, 07:01:27 AM »
Fed Govt slams higher interest rate on tax debtors

The Federal Government has approved a new interest rate spread on unpaid taxes for this year. The new interest rate was approved by the Minister of Finance, Mrs. Kemi Adeosun. According to the Minister, the new interest rate shall be five per cent over the Central Bank of Nigeria (CBN’s) Minimum Re-Discount Rate (MRR) forRead More


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