Tag: VAT
FG yet to implement VAT on imported LPG – marketers
Jan. 10, 2022 The Federal Government is yet to implement the payment of Value Added Tax (VAT) on imported Liquefied Petroleum Gas (LPG). LPG, also known as cooking gas marketers confirmed the development to NAN on Monday in Lagos while reacting to the decline in the price of the product across the country. The government ...Climate change: Is the earth still safe for children?
Nov. 3, 2021 Every parent and lover of kids desire a secure environment in which to raise their children. They want a space where little ones can develop in good health and sound mind, mature into the future leaders they deserve to be, and not perish from preventable causes before reaching their prime. However, the ...Oil producing states receive N54.206 bn as derivation as FG, States, LGs share N739.96bn for Sept
Oct. 29, 2021 The oil producing states in the country have received N54.206 billion as derivation (13 per cent of Mineral Revenue). This was disclosed by the Federation Accounts Allocation Committee (FAAC) as it announced that the Federal, States and Local governments have shared N739.965 billion as federation allocation for September. This is contained in ...Tax collection: We’re only trying to pursue what’s right, legitimate within the ambits of the constitution – Wike
Oct. 24, 2021 Gov. Nyesom Wike of Rivers says the state is not fighting the Federal Government or any of its agencies over collection of Value Added Tax (VAT) as being insinuated in some quarters. Speaking on Sunday in Abuja at a public lecture entitled: “Taxing Powers in a Federal System” to mark the 60th ...Reconsider reintroduction of VAT on LPG importation- Marketers urge FG
Oct. 22, 2021 The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), has appealed to the federal government to reconsider the reintroduction of VAT on LPG importation, which has also driven the price of the product upward. Mr. Bassey Essien, the association’s Executive Secretary while decrying the increment noted that the price of a 20 Metric ...Appeal Court joins Lagos as respondent in FIRS appeal on VAT suit
September 30, 2021 The Court of Appeal in Abuja has joined Lagos State as the third respondent in the legal battle between the Federal Inland Revenue Service (FIRS) and Rivers. Rivers is the first respondent in the appeal in which the FIRS joined the Attorney-General of the Federation as the second respondent. The legal tussle ...Northern Governors say no to rotational Presidency, say it’s unconstitutional
September 28, 2021 The Northern Governors Forum (NGF) on Monday declared they were strongly against rotational Presidency, saying it’s unconstitutional in clear opposition to the position of the Southern Governors Forum. The Northern governors also said there were against the decision of their Southern counterparts on the vexed issue of Valued Added Tax (VAT) being ...VAT: Nigerian Governors await Supreme Court judgement
September 28, 2021 The Nigerian Governors Forum (NGF) said on Monday there were waiting for the verdict of the Supreme Court before taking any decision on the vexed issue of Valued Added Tax (VAT). Gov. Kayode Fayemi of Ekiti, also the Chairman of the forum, stated this while featuring on a programme on Arise Television, ...Northern governors in crucial meeting over VAT, insecurity
September 27, 2021 Northern State Governors on Monday held an emergency meeting in Kaduna to discuss the progress and major concerns of the region. Gov. Simon Lalong of Plateau State and Chairman, Northern States Governors Forum, said the 19 governors would also look at critical national issues that had emerged over the recent months with ...Northern Governors, Traditional Rulers Meet In Kaduna Over VAT, Insecurity And Others
September 27, 2021 The Northern Governors’ Forum and traditional rulers from the region are holding an emergency meeting in Kaduna State. Top on the agenda at the 19 Northern States Governor’s Forum Meeting taking place at the Executive Council Chamber of the Kaduna State Government House, and chaired by the Governor of Plateau State, Simon ...
