Tag: Tax
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Kenya: 39 killed, many injured in renewed tax protests
At least 39 people were killed and many injured in the recent anti-tax hike protests across Kenya as youth took to the streets on Tuesday for a new round of protests.
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After dramatic tax win, Kenyan protesters plot next moves
After their stunning success in forcing the government to shelve 2.7 billion dollars in tax hikes, young Kenyan activists are setting their sights higher, taking aim at deeply ingrained corruption and misgovernance.
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Tax: Protesting Kenyan Youths burn down part of Parliament building
Part of the Parliament building in Nairobi was set by fire on Tuesday as anti-tax protests by youths worsened in Kenya. It was observed that the fire started to billow in the building few minutes after the protesters broke through police lines and into the building.
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Just In : Tax reform presidential committee proposes N800/$ as customs import duty rate
The presidential committee on fiscal policy and tax reforms says it has asked the federal government to adopt an exchange rate of N800 per dollar for customs import duty. Taiwo Oyedele, chairman of the committee, spoke on Thursday while engaging journalists on the activities of the tax panel in Lagos. While presenting some recommendations of…
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Goodness gracious! Its all tax, no wealth creation – By Pius Mordi
Margaret Thatcher, the late Conservative British Prime Minister, was the archetype exponent of private sector-led management of economies.
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JUST IN: Halt Cybersecurity Levy now, Reps tell FG
The House of Representatives on Thursday demanded that the Federal Government should halt the Cybersecurity Levy immediately. This was sequel to a motion promoted by the House of Representatives Minority caucus leader, Rep Kingsley Chinda where the ambiguity associated with the Central Bank of Nigeria, CBN circular was adequately addressed. To this end, the HoR…
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Transport Taxes: FG, States losing billions to Non-state actors – Experts lament
Federal and state governments have been tasked to find lasting solutions to the persistent fleecing of the state in transport tax collection by non-state actors and touts popularly referred to as “agberos.” To stem the tide of revenue loss, experts are calling for digitizing road tax collection from commercial vehicles, tricycles, and motorcycles to deter…
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How Shell paid $1.09bn in taxes, royalties to FG in 2023
Shell says it exclusively paid $1.09 billion in corporate taxes and royalties to the Federal Government in 2023.
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BREAKING: FG arraigns Binance executive for tax evasion
Binance’s Head of Financial Crime Compliance, Tigran Gambaryan has arrived the Federal High Court in Abuja for arraignment over allegations of tax evasion. In the suit marked FHC/ABJ/CR/115/2024, Binance was accused of failing to register
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Hardship: Fashola advises Lagos Govt to reduce levies, taxes
A former governor of Lagos State, Mr Babatunde Fashola, has advised the Lagos State Government to reduce levies and taxes as a measure to ease the current social economic challenges on the residents. Fashola said this at the Lagos State 18th Edition of the Executive and Legislative Parley held on Friday at the Eko Hotels…