President Muhammadu Buhari's administration has reportedly waived the sum of N16.76tn in revenue to tax reliefs and concessions given to large companies between 2019 and 2021. The beneficiaries of the tax reliefs and concessions included Dangote, Lafarge, Honeywell and 43 other major beneficiaries. At least 46 companies had benefitted from various tax incentives and duty waiver schemes as of the end of 2021, while the requests of 186 companies were still pending, The PUNCH reports.