The Lagos state government has said it will shut down the corporate headquarters of organisations who have defaulted in remitting statutory taxes. Akinyemi Ashade, the commissioner for finance, said the
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Kemi Adeosun, minister of finance, says operating businesses in offshore tax havens is illegal only if all applicable taxes have not been up to date by the investing entities. Speaking
Kemi Adeosun, minister of finance, says the ministry has discovered 800,000 companies that have never paid tax. She said the ministry is compiling a database that combines data from the various
Babatunde Fowler, chairman, Federal Inland Revenue Service (FIRS), says the Voluntary Assets and Income Declaration Scheme (VAIDS) has yielded over $50 million in revenue since its launch four months ago. Fowler
Abebe Selassie, director of the African Department (AFR) at the International Monetary Fund (IMF), says Nigeria needs to change its
The Voluntary Assets and Income Declaration Scheme (VAIDS) has deployed over 700 graduates to nine states and the federal capital
Azubuike Okafor, chairman of the Manufacturers Association of Nigeria (MAN) in Anambra, Ebonyi and Enugu, has urged the federal government
The federal inland revenue service (FIRS) says it generated a sum of N2.11 trillion as revenue from January to July
Kemi Adeosun, minister of finance, says less than 20% of contractors paid by the federal government and its agencies state
Segun Apaoka, a member of the National Automobile Technicians Association (NATA), has advised government to consult tax payers before “forcing
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