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Thursday, 1 August 2024

Femi Otedola supports 70% windfall tax on banks’ forex gains, criticizes private jet expenditures

Billionaire businessman and Chairman of FBN Holdings, Femi Otedola, has expressed his strong support for the Federal Government's proposed 70% windfall tax on foreign exchange gains of banks. In a statement released on Wednesday, Otedola highlighted the …
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Femi Otedola supports 70% windfall tax on banks' forex gains, criticizes private jet expenditures

By Oreoluwa Ojelabi on August 1, 2024

Billionaire businessman and Chairman of FBN Holdings, Femi Otedola, has expressed his strong support for the Federal Government's proposed 70% windfall tax on foreign exchange gains of banks. In a statement released on Wednesday, Otedola highlighted the necessity of this measure to foster a fairer and more equitable economic environment. Otedola criticized the banking sector […]

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at August 01, 2024
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