Tag: Tax
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Nigeria sets ambitious N20 trillion revenue target
Nigeria, Africa’s largest economy, has announced a sweeping review of its existing tax incentive framework with the aim of boosting revenue collection and fostering economic growth.
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We have no plans to increase taxes – FG
The Federal Government says it has no plans to increase taxes or add to the burdens of the country’s tax paying citizens.
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JUST IN: Tinubu vows to end Nigeria’s over reliance on borrowing
President Bola Tinubu on Tuesday in Abuja expressed his resolute commitment to break the vicious cycle of overreliance on borrowing for public spending, and the resulting burden of debt servicing it places on the management of Nigeria’s limited government revenues.
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Everywhere don red – By Francis Ewherido
I am not an economist. If you want to listen to or read real economic analysis, both the ones you understand and the ones that are alien to you, go and listen to Mr. Bismarck Rewane and his likes. But I did economics in secondary school and got a credit, plus what I have learnt…
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Lagos Govt begins enforcement of annual Proof of Ownership certificate for vehicles
The Lagos State Government has announced its implementation of the annual Proof of Ownership (PoC) certificate for vehicles, as approved by the Joint Tax Board (JTB).
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Ebonyi Govt denies imposing tax on petrol dealers
The Ebonyi Board of Internal Revenue has said the board did not impose any tax on the Petroleum Dealers Association of Nigeria (PEDAN) operating in the state.
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FG cautioned to tread cautiously in raising tax rates
The Lagos Chamber of Commerce and Industry (LCCI) on Tuesday urged the Federal Government to tread cautiously in raising tax rates in an attempt to shore up its revenue in 2023.
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The poverty narrative: Federal versus State Governments – By Dakuku Peterside
Poverty is all around us. You see it in all aspects of our lives. It is so ubiquitous that it has been ingrained in our collective psyche. We seem to have accepted it as inevitable and use it to explain our personal and collective reality. It is one condition many people work and pray hard…
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Reps grill Shell, Total, other over alleged tax evasion
The House of Representatives on Wednesday grilled Shell Petroleum Development Company of Nigeria, Total Energies and First E and P over alleged tax evasion.
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Shell, Total, AGIP under fire over $85 billion tax claims
The House of Representatives ad hoc Committee on structure and accountability of Joint Venture (JV) Business and Production Sharing Contracts (PSCS) of Nigerian National Petroleum Company (NNPC) Ltd. has summoned Total Upstream over tax claims of 85 billion dollars.