FG could target more businesses with FX gains if Windfall Tax passes - Ugochukwu Eze.

In this interview, Aghogho Udi - Economy Analyst, Nairametrics, speaks with Ugochukwu Eze, Senior counsel at Dentons ACAS Law, on the proposed 50% windfall tax on banks' FX revaluation gains. They highlighted whether banks can legally challenge the federal government over the proposed windfall tax on gains from foreign exchange revaluation in this interview.
They also looked at the possibility that companies in other industries that have profited from FX gains could be targeted by the government.
Furthermore, if this legislation is passed, we examine how it may affect investments generally in Nigeria.
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