al network, will help states to accelerate the transformation of agriculture in the country.
African heads of state had, at an event in Maputo, Mozambique in 2003, made a commitment to invest at least 10 per cent of their annual budget in agriculture. “One of the countries that has fulfilled the commitment is Ethiopia, which is today investing more than 10 percent and that country is witnessing a rapid transformation in agriculture.”
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CITA weakens Nigeria’s ability to attract investment | The Guardian Nigeria News - Nigeria and World NewsUntil the provisions of the Company Income Tax Act (CITA), which impose double taxes on companies’ profits are amended, Nigeria may not attract holding company investments, especially the commencement rules.
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