A RISK STRATEGY FOR BUSINESS SURVIVAL – THE NIGERIAN VIEW

Managing risk is an important task for any business. After you have determined what risks exist for your project and assessed their importance, you need to choose a strategy for dealing with each risk if and when it comes into play.

A RISK STRATEGY FOR BUSINESS SURVIVAL

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Taxes are established by law in Nigeria. Such tax must have been passed into law through enactment of relevant statute (Act, By-law, decree among others). The tax law establishes the administrative body and specify its tax jurisdiction. Tax structure in Nigeria is tailored towards Nigerian governance hierarchy (Federal, State and Local Government).