Tax oil shall be allocated to the Commission or the holder, in such quantum as shall generate an amount equal to the actual petroleum profit tax liability payable during each month.
Nigeria Tax Act 2025 · Chapter 3 · Part III
Section 109Allocation of tax oil
Cite as: Nigeria Tax Act 2025, section 109
Source: Nigeria Tax Act, 2025 (Act No. 7 of 2025), Official Gazette No. 117, Lagos, 26 June 2025. General information, not legal advice.