To curb the dearth of data necessary for calculating accurate Gross Domestic Product, FIRS reiterates the need for harmonization.
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With Tax at the Forefront, World Bank Highlight Ways for Economic Prosperity in 2022
According to the World Bank, Nigeria has to implement 7 critical steps for economic survival in 2022
With ₦57 billion Generated From Tax Annually, Kaduna State Ready to Move Away from Dependence on Federal Allocation
To fund its annual budget, the Kaduna State Government reiterates the need to look away from Federal allocation.
Survey Show Nigerians Support Tax Solution To Lowering Cost of Managing Diabetics
A poll by NOI Polls in conjunction with Gatefield, Research Hub Africa, and the Federal Ministry of Health indicates support for the proposed reintroduction of excise duties on carbonated drinks
AGF Confirms Consideration of Political Solution to Settle VAT Legal Tussle
Another top government official has hinted at the possibility of seeking a political solution to the ongoing back and forth regarding VAT Collection
Non-Oil Revenue Now Nigeria’s Main Stay
Vice President Yemi Osibanjo has opened that the country has moved away from over-dependence on crude oil
FG Shows Intention to Settle VAT Controversy Outside Court
The Federal Government is taking a second thought over settling the VAT rows between the central and identified state governments on collection legality
REPORT: Manufacturing Sector May Lose 1.9 Trillion in 3 Years Over Proposed Excise Duty on Carbonated Beverages
A contraction of 0.43 percent is predicted to happen in the manufacturing sector if the proposed excise duty on carbonated beverages is allowed to fly.
In 3 Years, States in Nigeria Rake in ₦2.33tn From PAYE
Lagos, Rivers and the Federal Capital Territory realized ₦788.29bn, ₦255.34bn and ₦210.08bn respectively during the period under review.
Report Shows Waiver to Multinationals Costs Nigeria $2.9bn yearly
The Civil Society Legislative Advocacy Centre, CISLAC has released a report that further shows that illicit financial flow is fast becoming a major defect of the Nigerian tax system.