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Finance Ministry Denies Ending Cost-of-Collection Deductions, Says Reports ‘Inaccurate and Misleading’

October 12, 2025 at 09:01 PM

The Federal Ministry of Finance has denied reports that the government stopped revenue agencies from deducting their cost of collection at source. In a statement signed by Director of Information Mohammed Manga, the Ministry clarified that Minister Wale Edun made no such announcement during the World Bank’s Nigeria Development Update...

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