Tinubu appoints Adedeji as Ag Executive Chairman of FIRS, retires Nami
President Bola Tinubu has approved the appointment of Hon. Zacch Adedeji as the new Acting Executive Chairman of the Federal Inland Revenue Service (FIRS). The President has directed the erstwhile…
NCC reaffirms commitment to regulatory excellence to strengthen telecoms sector
The Nigerian Communications Commission (NCC) has said it remains committed to its regulatory role of continually implementing requisite reforms to strengthen the communications sector in Nigeria. The Executive Commissioner,…
VAT Should be Suspended On Diesel – OyedeleÂ
August 9, 2023 The Chairman of the Presidential Committee on Tax Policy and Fiscal Reforms, Taiwo Oyedele, says Value Added Tax (VAT) should be suspended on Automotive Gas Oil (AGO)…
FG moves to removes taxes on tomatoes, raw food items soon – JTB
Aug. 8, 2023 Mr. Muhammad Nami, Chairman, Joint Tax Board (JTB), on Monday says the Federal Government will soon end taxes on tomatoes and other raw food items. Nami stated…
Alleged contract breach: Nigerian seeks $150m damages against Google, GoDaddy.Com
July 18, 2023 A Nigerian, Mr. Chianugo Peter, has sought a 150 million dollars compensation from Google and GoDaddy.com over allegations bordering on the shutdown of his YouTube Audio domain…
Fuel Subsidy: Finance Commissioners want all accruals put into Federation Account
June 9, 2023 Forum of Commissioners for Finance of Nigeria has called on the Federal Government to ensure that all accruals from the removal of fuel subsidy go to the…
Nigeria revises 2021 tax-to-GDP ratio to 10.9% – FIRS
May 31, 2023 Nigeria has revised its tax-to-GDP ratio for 2021 to 10.86% from 6% following an adjustment to include revenues collected by other government agencies, the Federal Inland Revenue…
Set aside a percentage of your annual budget to fund research, development- NCDMB urges oil, gas firms
March 29, 2023 The Nigerian Content Development and Monitoring Board (NCDMB) has called on oil and gas companies to set aside a percentage of their annual budget to fund research…
Oil Mining Lease: NNPC 18 Operating Ltd replaces Eroton
March 7, 2023 The non-operating Joint Venture (JV) partners of Oil Mining Lease (OML) 18 have appointed the NNPC Eighteen Operating Limited as operator of OML 18 to replace Eroton…
LASG, FIRS SIGN JOINT TAX AUDIT AGREEMENT
February 7, 2023 …Sanwo-Olu says ‘collaboration will check double taxation, widen tax base’ Lagos State Government has sealed a bilateral agreement with the Federal Government to harmonise tax administration, raise…