FG Proposes Carbon Emissions Tax On Nigerians

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The Federal Government has as part of efforts in reduction of carbon emissions in the country, concluded plans to introduce carbon tax. Carbon taxation is a cost charged on the amount of carbon emissions into the space. To this effect, the National Council on Climate Change (NCCC) is developing a framework to determine the amount to be charged based on the quantum of emissions. Speaking during the stakeholders’ workshop, Wednesday in Abuja, on ‘Understanding the Incentives and Obstacles to Effective Carbon Tax Regimes in West African countries’, Acting Vice Chancellor,…

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