Govt should explore opportunities in taxation, Chike-Obi advises
There are hidden economic opportunities in taxation which government should explore by bringing more people into the tax net, the Executive Vice Chairman, Alpha...
Nigeria generates N289bn VAT for Q1 2019, NBS report says
A report released by the National Bureau of Statistics (NBS) has revealed that a sum of N289.04 billion was generated as Value Added Tax...
NESG set for launch of “Better Tax” initiative
The Nigeria Economic Summit Group (NESG), is set to unveil the findings of its nationwide survey on tax perception and drive government-citizen engagement for...
Elumelu challenges FG on favourable tax policies
Chairman, Heirs Holdings, and Founder, Tony Elumelu Foundation (TEF), Tony O. Elumelu, has called on the Federal Government of Nigeria (FGN) for far-reaching tax...
FG imposes 5% VAT on online betting, gaming, others
The Federal Government on Monday said that a Value Added Tax (VAT) of five per cent would be imposed on lottery and gaming activities...
Fowler on how FIRS plans to realise its revenue target for 2019
The Federal Inland Revenue Service (FIRS) has said that it plans to realize its revenue target for the year through recoveries from defaulting millionaire...
FIRS says N12.6tn generated as tax under Buhari
The Federal Inland Revenue Service (FIRS) has said that N12.62 trillion was generated as revenue under Muhammadu Buhari administration from 2016 to 2018.
This was...
N298bn generated from VAT in Q4, 2018 – NBS
The National Bureau of Statistics (NBS) said Nigeria generated N298.01 billion from Value Added Tax in the fourth quarter, 2018.
NBS said this in a...
LCCI opposes FIRS moves to restrain bank accounts of tax defaulters
The Lagos Chamber of Commerce and Industry (LCCI) on Monday expressed opposition to the move of the Federal Inland Revenue Service (FIRS) to restrain...
N3.4bn tax debt: FIRS to sell properties of 52 firms
The Federal Inland Revenue Service (FIRS) is to dispose of the properties of 52 companies over tax debts valued at about N3.4bn.
Investigations by The...
