Tinubu wants review of global tax system, endorses multilateralism
President Bola Tinubu has advocated a review of global taxation, explaining that redressing the imbalance in the international tax regime has become imperative. The Nigerian President also affirmed the…
Exposed! How indigenous oil operators violate Nigerian Content Act through tax
The Nigerian Content Development and Monitoring Board (NCDMB) has raised the alarm, saying indigenous oil operators have turned out to be serial violators of the Content Act by under-remitting taxes…
 Nigerian billionaires and Tinubu’s Tax Reform, By Temitope Ajayi
It has been a refreshing experience, in the last one week, to read very strong endorsements of President Tinubu’s tax reform by at least five major national newspapers…
Expand tax net to informal sector, Oborevwori tasks new Internal Revenue Board
Delta State Governor, Rt. Hon. Sheriff Oborevwori, on Friday, urged the State Board of Internal Revenue Service to expand the State tax net by bringing in more businesses in…
Finance Bill: NECA expresses concern over TET, others on businesses
January 4, 2023 The Nigeria Employers’ Consultative Association (NECA) has expressed dissatisfaction over some of the provisions of the finance bill including the increased Tertiary Education Tax (TET) from 2.5…
FG accelerating efforts to maximise tax collections – Buhari
October 7, 2022 …Says revenue collection, expenditure management reforms yielding positive results President Muhammadu Buhari on Friday said efforts are being made to ensure all taxable Nigerians declare their incomes…
FG suspends 5% tax on ICT sector, Pantami heads review committee
The Federal Government has suspended the introduction of five percent excise duty in the digital economy sector proposed by the Minister of Finance. The Minister of Communications and Digital Economy,…
FCT-IRS boss explains taxing of residents of neighbouring states working in FCT
By Cecilia Ijuo Mr. Haruna Abdullahi, Acting Chairman of the Federal Capital Territory Internal Revenue Service (FCT-IRS) says the law is clear on where residents working in other states pay…
10% tax on sugary drinks will check diabetes, stroke; Group lauds FG
January 17, 2022 An NGO, National Action on Sugar Reduction (NASR), has lauded Federal Government’s decision to impose tax on sugary drinks to checkmate the spread of diabetes in the…
EFCC quizzing of Fowler confirms our story on Tinubu’s fresh probe
Earlier, this year Political Economist had reported of a fresh pressure being mounted on the new leadership of the Economic and Financial Crimes Commission (EFCC), to investigate a petition against…