IOCs pay N828bn taxes, levies in 3yrs

IOCs pay N828bn taxes, levies in 3yrs

INTERNATIONAL Oil Companies, IOCs, operating in Nigeria paid N828 billion ($2.3billion) as education taxes and levies to the Niger Delta Development Commission, NDDC between 2014 and 2016. The post IOCs pay N828bn taxes, levies in 3yrs appeared first on Vanguard News. ...
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Should Nigerian govt in good conscience collect taxes?

Should Nigerian govt in good conscience collect taxes?

MORE than any previous government, the current government has harped on the need for Nigerians to pay tax. The government’s insistence on collecting tax from the people is a consequence of the challenge it faces [...] The post Should Nigerian govt in good co...
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REVEALED: FG’s plans to punish, jail celebrities who evade taxes

REVEALED: FG’s plans to punish, jail celebrities who evade taxes

The federal government has fine-tuned plans to punish and possibly jail entertainers who evade taxes after the nine-month grace period set out by the recently launched voluntary asset and incomeThe post REVEALED: FG’s plans to punish, jail celebrities wh...
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Osinbajo signs executive order, says death and taxes are inevitable

Osinbajo signs executive order, says death and taxes are inevitable

Acting President Yemi Osinbajo has signed yet another executive order backing the implementation of the voluntary assets and income declaration scheme (VAIDS). The order was signed on Thursday morning atThe post Osinbajo signs executive order, says death and t...
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Pres. Trump cuts down Medicaid, increases Military, Security spending in US budget

Pres. Trump cuts down Medicaid, increases Military, Security spending in US budget

by Itunuoluwa Adebo On Tuesday, the White House will unveil a 2018 $4.6 trillion budget that will in a bid... Read » Pres. Trump cuts down Medicaid, increases Military, Security spending in US budget on YNaija ...
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Nigeria earns N225bn from oil taxes, royalties in two months

Nigeria earns N225bn from oil taxes, royalties in two months

NIGERIA earned N224.9 billion from petroleum profit tax (PPT) and royalties from the oil and gas sector in January and February 2017, according to latest data released by the Central Bank of Nigeria, CBN. The post Nigeria earns N225bn from oil taxes, royalties...
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‘Multiple taxes inimical to telecoms operations’

‘Multiple taxes inimical to telecoms operations’

Olusola Teniola a computer and information engineer, is the Managing Director/CEO of Internet Solutions Nigeria, a pan-African information communication technology (ICT) firm also doubles as President of the Association of Telecommunications Companies of Niger...
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Fiscal instability, multiple taxes scare investors from solid minerals —NEITI boss

Fiscal instability, multiple taxes scare investors from solid minerals —NEITI boss

EXPLORATION of Nigeria’s solid minerals for successful integration to diversify the economy will not attract requisite foreign investment except commitments were made by government to check fiscal instability, multiple taxation and outrageous demands by host...
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Fed Govt should simplify taxes, cut fees

Fed Govt should simplify taxes, cut fees

The Federal Government should simplify taxes and reduce fees involved in laying fibre optic cables to encourage development of infrastructure for the technology industry, Google’s Manager in Nigeria,  Juliet Ehimuan-Chiazor, has said. Ehimuan-Chiazor told R...
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Google asks Nigeria to simplify taxes, stem multiple payment

Google asks Nigeria to simplify taxes, stem multiple payment

Juliet Ehimuan-Chiazor, the country manager for Google in Nigeria, has asked the Nigerian government to simplify taxes and end multiple taxation. Ehimuan-Chiazor, also requested that the government should reduce feesThe post Google asks Nigeria to simplify tax...
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