On 13 September 2022, Nigeria's Federal Inland Revenue Service (FIRS) announced the issuance of Information Circular No. 2022/23 of 1 September 2022 on the administration of the National Agency for Science and Engineering Infrastructure (NASENI) levy, which is one of multiple sources of funding under the NASENI Act. As previously reported, amendments were made by the 2021 Finance Act (2022 Budget) to clarify and improve the administration of the levy, including that the levy comprises 1% from the Federation Account and a 0.25% levy on profit before tax of companies and firms with turnover of at least NGN 100 million...