The National Assembly will reconsider ongoing tax waivers and concessions to vet the eligibility of the beneficiaries.
This, it said, will widen the federal government’s revenue streams to finance the implementation of the 2023 appropriation act.
Lawan argued that implementing the 2023 budget will require considerable internal resource mobilisation in the next five months. “But Nigeria faces challenges of revenue. And this is going to be our focus. This is going to be what the National Assembly, both chambers, will ensure that we get revenues, we find more sources, better sources, stabilise resources and of course, look into some of the legislations and some of the waivers and concessions granted to see whether or not they deserve to continue to be implemented in a manner they were approved. Or we need to reverse that because we need money in our country.
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