Section 138
Section 138 of 206•Federal Republic of Nigeria
An instrument made for the purpose of issuing marketable securi- Marketable
ties by or on behalf of a company or body of persons, corporate or unincorpo- Security
rated, formed or established in Nigeria shall be subject to duty under Chapter
Five of this Act, whether the securities are issued in Nigeria or not.
Cite this section
Section 138, NIGERIA TAX ACT, 2025.
https://repo.podus.ai/laws/nigeria-tax-act/section/138/