Customs claims that because of Buhari's tax waiver policy, Nigeria lost ?1.3 trillion

Nigeria's consolidated revenue fund would have received more revenue from the service in 2023 if certain investors had not received waivers and tax breaks.According to the Nigerian Customs Service (NCS), the Buhari-led administration's policy of providing investors with tax breaks and concessions cost Nigeria approximately ?1.3 trillion in 2023.At a public hearing on the 2024–2026 medium-term expenditure framework and fiscal strategy hosted by the senate joint committees at the National Assembly, Adewale Adeniyi, the Comptroller General (CG) of the NCS, revealed this.