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FIRS Profers Data Integration To Determine Accurate GDP-to-Tax In Nigeria
FIRS

FIRS Profers Data Integration To Determine Accurate GDP-to-Tax In Nigeria

To curb the dearth of data necessary for calculating accurate Gross Domestic Product, FIRS reiterates the need for harmonization.

December 7, 2021December 7, 2021By Amosu Jeremiah3 mins read
With Tax at the Forefront, World Bank Highlight Ways for Economic Prosperity in 2022
General

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

November 28, 2021November 28, 2021By Amosu Jeremiah4 mins read
With ₦57 billion Generated From Tax Annually, Kaduna State Ready to Move Away from Dependence on Federal Allocation
General

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.

November 17, 2021November 17, 2021By Amosu Jeremiah2 mins read
Survey Show Nigerians Support Tax Solution To Lowering Cost of Managing Diabetics
General, health

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

November 17, 2021November 17, 2021By Amosu Jeremiah2 mins read
AGF Confirms Consideration of Political Solution to Settle VAT Legal Tussle
VAT

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

November 15, 2021November 15, 2021By Amosu Jeremiah3 mins read
Non-Oil Revenue Now Nigeria’s Main Stay
General

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

November 14, 2021November 14, 2021By Amosu Jeremiah2 mins read
FG Shows Intention to Settle VAT Controversy Outside Court
VAT

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

November 14, 2021November 14, 2021By Amosu Jeremiah3 mins read
REPORT: Manufacturing Sector May Lose 1.9 Trillion in 3 Years Over Proposed Excise Duty on Carbonated Beverages
Feature, General

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.

November 11, 2021November 11, 2021By Amosu Jeremiah3 mins read
In 3 Years, States in Nigeria Rake in ₦2.33tn From PAYE
Personal Income Tax

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.

November 3, 2021November 3, 2021By Amosu Jeremiah3 mins read
Report Shows Waiver to Multinationals Costs Nigeria $2.9bn yearly
General

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.

October 29, 2021October 29, 2021By Amosu Jeremiah3 mins read

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