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Tag "tax"

Nigerians now to pay tax on foreign assets

    Nigerians now to pay tax on foreign assets

President Muhammadu Buhari has signed an executive order mandating Nigerian taxpayers to declare and pay tax on their offshore assets. Garba Shehu, presidential spokesman, announced this in a statement on

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A case for a more robust approach to boosting Nigeria’s tax revenues

    A case for a more robust approach to boosting Nigeria’s tax revenues

The tax debate is a never-ending saga constantly subjected to emotional vituperations depending on which side of the divide one is. This debate has most recently brought to the front

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People rushing to Lagos because other states are failing, says commissioner

    People rushing to Lagos because other states are failing, says commissioner

Olusegun Banjo, Lagos state commissioner for economic planning and budget, says people are consistently migrating to the state because other states are failing. Banjo, who spoke at stakeholders meeting on

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Lagos floats electronic invoicing device

    Lagos floats electronic invoicing device

The Lagos state government has announced the use of Electronic Revenue Assurance (ERA) invoicing system to enhance transparency and accountability in the remittance and collection of consumption tax by businesses.

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Adeosun: We’ve records of those with forged tax certificate

  Adeosun: We’ve records of those with forged tax certificate

Kemi Adeosun, minister of finance, says the federal government plans to eradicate sharp practices that could compromise the integrity of

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VAIDS: FG to seize 2,000 properties in Abuja

  VAIDS: FG to seize 2,000 properties in Abuja

The federal government has said it will seize properties that are built and owned by corporate organisations from where taxes are

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‘Maina’s pension task team member’ disrupts hearing on reinstatement

  ‘Maina’s pension task team member’ disrupts hearing on reinstatement

A supposed member of the pension task team of Abdulrasheed Maina on Thursday disrupted the house of representatives hearing on

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VAIDS: FG rakes in $110m from two companies

  VAIDS: FG rakes in $110m from two companies

Kemi Adeosun, minister of finance, says the federal government has received $110 million from two firms under the voluntary asset

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FG identifies 500 tax dodgers — some have houses abroad

  FG identifies 500 tax dodgers — some have houses abroad

The federal government says it has compiled the list of 500 Nigerian tax dodgers, some of them prominent citizens who

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Elumelu: Multiple taxation kills 95% of small businesses in Nigeria

  Elumelu: Multiple taxation kills 95% of small businesses in Nigeria

Tony Elumelu, chairman of Heirs Holdings, says multiple taxations and levies kill 95 percent of small and medium scale businesses

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