Tag: Target
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Sainthood: The Target of Every Christian, By Margaret Ogbebor
Margaret Ogbebor SSMA I have fought the good fight, I have finished the race, I have kept the faith (2 Timothy 4:7). In this passage, St. Paul presented himself as a hero in the faith. Our society today, needs people who are brave, strong willed and assertive, heroin like Esther as recorded…
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Lagos sets new monthly IGR target for 2021
The Lagos State Government has indicated a monthly target of N60.318 billion Internally Generated Revenue (IGR) to fund the 2021 budget. Speaking during a media briefing on the Analysis of the Year 2021 Budget at Alausa, Ikeja, the Commissioner for Economic Planning and Budget, Mr Sam Egube, said that the budget size was N1.164 trillion.…
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FG mulls slashing FIRS N8.5tr target over COVID-19 pandemic
As the harsh realities of the coronavirus disease [COVID-19] pandemic dawns on global economy, the Federal Government of Nigeria is proposing revising the non-oil revenue projections, including various tax and customs receipts. This means the N8.5trillion target set for the Federal Inland Revenue Service (FIRS) will be slashed at the end of the review. Minister…
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How Lagos based multinational companies evade tax since 2011 – FIRS chair
There is no more hiding place for government contractors in the payment of Stamp Duty, Withholding Tax and Company Income Tax (CIT). “Revenue collecting agencies are to deduct stamp duty, withholding tax and CIT from their contractors at the point of payment and promptly send these to the Federal Inland Revenue Service (FIRS) in lump…
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CBN set target to boost Nigeria’s export trade to $12bn
The Central Bank of Nigeria (CBN) has set a target to boost Nigeria’s export trade to about $12 billion by the year 2024. This was disclosed by the Principal Manager, Trade and Exchange Department, CBN, Mr Richard Maikai, who noted that the apex bank will through a set of policies diversify the nation’s economy from…
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Tax Fraud: FIRS sets N750bn target from deviant accounting firms, others
Sustained efforts by the Federal Government to boost revenue generation on Tuesday got a boost as Federal Inland Revenue Service (FIRS) unveiled plans to generate N750 billion from erring Accounting firms and others with N1 billion turnover and above. Chairman of FIRS Mr Babatunde Fowler who disclosed this during the budget defence of key revenue…
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Target points for Buhari’s second term, By Carl Umegboro
By Carl Umegboro “TO whom much is given, much is expected” is a universal maxim. The Bible in the third of the four canonical gospels; Luke 12:48 affirmed it. By Section 130 (1) and (2) of the 1999 Constitution of the Federal Republic of Nigeria as amended, which established the office of President, the first…
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Russia 2018: Eagles not setting World Cup target – Iwobi
Arsenal forward Alex Iwobi has said the Super Eagles will not set a set a target for themselves at the upcoming Russia 2018 World Cup but is hopeful the team can advance from Group D of the competition. Iwobi scored his first goal for the Eagles as Nigeria beat hosts Zambia 2-1 to open their…
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Nigeria, Afghanistan, Pakistan may not meet 2020 education target – UNICEF
Nigeria, Afghanistan and Pakistan may not meet the 2020 target of education for children of school age unless a collective involvement of stakeholders with political will is encouraged, the United Nations International Children’s Education Fund (UNICEF) has said. The UN agency said: “The number of Out of School Children (OOSC) in Nigeria constitutes 20 per…