Legislative AccountabilityObservatory
Home / Probes / LAO-0217

₦14 trillion revenue loss from tax incentives and waivers

Status
No final report
Assembly
House of Representatives
Opened
13 July 2023
Assembly term
10th National Assembly (2023–2027)
Committee
Not stated in the record
Sum at issue
₦14 trillion
Subject
Revenue and remittances
Without a report for
1,217 days

On a motion by Oluwole Oke (PDP, Osun), the House of Representatives set up an ad hoc committee to investigate abuse of tax incentives, breaks and waivers by public institutions and the companies that benefit from them. The motion put the loss at about ₦8 trillion a year from incentives and waivers and ₦6 trillion from companies abusing the system.

What the record shows

  • 13 July 2023
    Probe opened.
  • As of 11 November 2026
    No final report of this probe has been found on the public record.

Opened more than 120 days ago, and no final report of the committee has been found on the public record. Interim reports and hearings are shown where known. Know of a report, hearing or outcome missing here? Send a correction.