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Increased excise duty rates will hurt economy, CPPE tells FG

    Increased excise duty rates will hurt economy, CPPE tells FG

The Centre for the Promotion of Private Enterprise (CPPE) says certain tax and import duty provisions in the recently approved fiscal policy measures (FPMs) of the federal government, would significantly

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10% excise duty on plastics, N8 tax per cigarette… highlights of FG’s new fiscal policy

    10% excise duty on plastics, N8 tax per cigarette… highlights of FG’s new fiscal policy

The federal government recently unveiled new fiscal policy measures (FPM) outlining the rates of taxes and excise duties for the current year. The new FPMs, which consist of supplementary protection

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FIRS opens 25 new satellite tax offices to meet revenue target

    FIRS opens 25 new satellite tax offices to meet revenue target

The Federal Inland Revenue Service (FIRS) has announced the opening of 25 new satellite tax offices across the country. This was disclosed in statement issued on Wednesday by Johannes Oluwatobi

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FAAC: FG, states, LGAs share N636bn as allocation in April — down by N89bn

    FAAC: FG, states, LGAs share N636bn as allocation in April — down by N89bn

The federation account allocation committee (FAAC) says it shared N636.602 billion with the federal government, states, and local governments for April 2022. FAAC said this in a communiqué it issued

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PwC: Why FG should focus more on economic growth — not tax

  PwC: Why FG should focus more on economic growth — not tax

Andrew Nevin, chief economist, PricewaterhouseCoopers (PwC), says the federal government should focus more on economic growth and not just tax.

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FIRS: We generated N6.4trn revenue in 2021

  FIRS: We generated N6.4trn revenue in 2021

The Federal Inland Revenue Service (FIRS) says it raked N6.4 trillion as revenue in 2021. Johannes Oluwatobi Wojuola, special assistant

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How new sugar tax will hurt Nigerians

  How new sugar tax will hurt Nigerians

BY OLUMAYOWA OKEDIRAN The federal government has imposed a sugar tax of N10 per litre on all non-alcoholic, carbonated, and

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‘It will cause mass hunger, hardship’ — NLC rejects new tax on carbonated drinks 

  ‘It will cause mass hunger, hardship’ — NLC rejects new tax on carbonated drinks 

The Nigeria Labour Congress (NLC) has rejected the federal government’s introduction of N10/litre tax on all non-alcoholic, carbonated and sweetened

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VinMartin Ilo: Government can use tax revenue to support media

  VinMartin Ilo: Government can use tax revenue to support media

VinMartin Ilo, chief executive officer of Signature Communications Ltd, has called on the government and private companies to play their

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EXTRA: Tax on carbonated drinks will reduce cases of diabetes in Nigeria, says rep

  EXTRA: Tax on carbonated drinks will reduce cases of diabetes in Nigeria, says rep

Muktar Ahmed, a member of the house of representatives, says excise duty on carbonated drinks will reduce the level of

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