Tax exemption: Nigeria loses $3.3bn to NLNG project

11 March 2016, Lagos — Nigeria may have lost $3.3 billion on the Nigerian Liquefied Natural Gas, NLNG, project as a result of the 10-year tax holiday granted during the implementation of the project, a study has indicated. A study carried out by the Netherlands-based Stichting Onderzoek Multinationale Ondernemingen, SOMO, also known as Centre for […] More »