Tax: FG Loses Revenue As Over 99% NGX Investors Have Below ₦50m Portfolio — Oyedele

Chairman of the Presidential Committee on Tax Policy and Fiscal Reforms, Taiwo Oyedele, says over 99 per cent of investors in Nigeria’s capital market have portfolios valued below ₦150 million, a situation that leaves the Federal Government with limited revenue from Capital Gains Tax (CGT).

Speaking on Channels Television’s Business Morning programme on Wednesday, Oyedele said…