According to recent reports, Nigeria's Federal Inland Revenue Service (FIRS) has been directed to begin the collection of a levy for the funding of the National Agency for Science and Engineering Infrastructure (NASENI), which is one of multiple sources of funding for the NASENI enacted in 1992, but not fully implemented. The NASENI levy is equal to 0.25% on the turnover of commercial companies and is treated as a deductible expense for tax purposes. Under the law, the levy is imposed on turnover exceeding NGN 4 million, although the NASENI Board has reportedly increased the turnover threshold to NGN 100 million. Further details on the collection of the NASENI levy will be published once available.