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Tax and Taxation

CIJD trains journalists on illicit financial flow reporting 

THE Centre for Journalism Innovations and Development (CJID) on Wednesday trained journalists on effective coverage of issues bordering on Illicit Financial Flows (IFF).  The one-day...

FIRS launches self-service stations to enhance voluntary tax compliance

THE Federal Inland Revenue Service (FIRS) has introduced “Self-Service Stations” to increase voluntary tax compliance. The "Self-Service Stations" would assist taxpayers file tax returns, pay...

Lagos N800 transport levy scheme fails to kick off on February 1

IT was a bright Tuesday morning when The ICIR met Omogbolahon Ganiu at the Ojodu Berger park. He had just begun the day's job...
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Lagos suspends NURTW activities in Eyin Eyo, Church Street, Idumota

THE Lagos State government has suspended activities of the National Union of Road Transport Workers (NURTW) at the Eyin Eyo, Church Street and Idumota...

BUA MD sees sugar tax affecting factory productvity, margins

ACTING Managing Director of BUA Foods Ayodele Abioye has said that the imposition of sugar tax on companies could impact the firm's production of...

In new Finance Act, FG increases education tax to 2.5%

THE Federal Government has increased education tax for tertiary institutions from two per cent to 2.5 per cent. This is contained in the 2021 Finance...
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Tax expert urges FG, states to dialogue VAT sharing formula

A TAX expert has urged Nigeria's Federal Government and states to dialogue a value added tax (VAT) sharing formula, saying that rulings by Court...

Multiple taxation, port gridlocks, over-regulation hurting manufacturing companies – CEOs

THREE hundred and eighty out of 400 chief executive officers (CEOs) of manufacturing companies in Nigeria say multiple taxation and over-regulation are hurting the...

Expert cautions Wike against using Rivers’ task force to collect VAT

A Public Affairs Analyst and Lawyer Liborous Oshoma has urged Rivers State Governor Nyesom Wike to avoid using the state task force to collect...
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Why VAT can’t work in states – FIRS

THE Federal Inland Revenue Service (FIRS) has said that...