95% SMEs collapse within a year due to multiple taxation –Elumelu

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95% SMEs collapse within a year due to multiple taxation –Elumelu

16 November 2017, Sweetcrude, Lagos – The Chairman, Heirs Holdings, Mr. Tony Elumelu, on Thursday said that 95 percent of Small and Medium Enterprises fold up within a year in Nigeria due to multiple taxes and levies. Elumelu said this at the Lagos Business School Alumni Association 2017 Alumni Day in Lagos with the theme: “The …

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