‘OPS ‘ll oppose duplication of VAT, taxes ’

‘OPS ‘ll oppose duplication of VAT, taxes ’

Nigeria Employers’ Consul-tative Association (NECA) has expressed displeasure at attempts by the government  to strangulate businesses through multiple and duplication of taxes and levies in the country. It specifically took a swipe at the enactment of Kano State Revenue Administration (Amendment) Law 2017, which imposed Consumption Tax on goods...
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Only 600,000 Lagosians are ‘up to date with tax’

Only 600,000 Lagosians are ‘up to date with tax’

Steve Ayorinde, Lagos state commissioner for information and strategy, says only 600,000 Lagosians have paid their taxes up to date. The state has a population of over 18 million people. The post Only 600,000 Lagosians are ‘up to date with...
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Why Nigeria should stop tax holidays for companies – IMF

Why Nigeria should stop tax holidays for companies – IMF

The International Monetary Fund (IMF) has advised the Nigerian Government to urgently revisit tax holidays and exemptions given to companies.... Read » Why Nigeria should stop tax holidays for companies – IMF on YNaija ...
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Should Nigerians expect more taxes?

Should Nigerians expect more taxes?

The statement credited to the International Monetary Fund (IMF) that the country may be operating one of the weakest tax regimes within sub Sahara Africa and beyond has sparked off a controversy of some sort with most Nigerians expressing fears that further re...
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NLNG pays $4.1b taxes to govt

NLNG pays $4.1b taxes to govt

The Nigerian Liquefied and Natural Gas (NLNG) Limited has, in the past six years, paid $4.1billion in taxes, including Company Income of Tax (CIT), to the Federal Government. The firm paid the amount between 2011 and 2017, following the decision of the Federal...
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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 Vangua...
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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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