By Muhyideen Jimoh The Independent Media and Policy Initiative (IMPI) says the Nigeria Tax Act 2025 will enhance foreign investment and empower Small and Medium-sized Enterprises (SMEs). The group disclosed this in a policy statement signed by its Chairman, Dr Omoniyi Akinsiju, on Tuesday. Akinsiju said the law,Continue Reading
By Jacinta Nwachukwu The Institute of Chartered Accountants of Nigeria, (ICAN), has commended President Bola Tinubu for signing into law four tax reform bills on key areas of Nigeria’s fiscal and revenue framework. Malam Haruna Yahaya, the 61st President of the institute gave the commendation at the investiture of SaniContinue Reading
By Kadiri Abdulrahman Nigeria is building a tax administration that will be effective in revenue mobilisation and also responsive to challenges faced by tax payers. The Minister of State for Finance, Dr Doris Uzoka-Anite said this on Tuesday in Abuja, at the TaxADR Roundtable, with the theme “unlocking Revenue andContinue Reading
By Philip Yatai The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, says big men (rich people) residing in Abuja remain FCT’s biggest problem in voluntary tax compliance for development. Wike stated this during the inauguration of the newly constructed Collector Road CN2 (Zakari A. Kyari Street), inContinue Reading
By Philip Yatai The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, says his greatest challenge as minister of the nation’s capital is residents refusing to pay their taxes. Wike stated this after he inspected ongoing projects in the city, in preparation for inauguration to celebrate President BolaContinue Reading
By Lucy Ogalue The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) says the proposed tax reform bill will significantly reduce financial burden and create a growth-enabling environment for small business owners. The Director-General of SMEDAN, Mr Charles Odii, said this at a stakeholder engagement on tax reforms organisedContinue Reading
By Sani Idris-Abdulrahman The Kaduna State Internal Revenue Service (KADIRS), said it has collected N14.16 billion revenue between January and February 2025, while debunking claims of a decline in Internally Generated Revenue (IGR). The KADIRS Head of Corporate Communications, Zakari Muhammad, disclosed this in a statement issued to newsmen onContinue Reading
By Nana Musa The Federal Capital Territory Internal Revenue Services (FCT-IRS) on Friday, sealed the business premises of Phase3 Telecom and Cilantro Restaurant in Abuja, for failing to pay their tax obligations. Mr Festus Tsavsar, acting Director, Legal Services, FCT-IRS, told journalists after the exercise in Abuja, that Phase3 Telecom,Continue Reading
By Nana Musa The Federal Capital Territory Internal Revenue Service (FCT-IRS) has concluded plans to establish service kiosks in plazas and markets in Federal Capital City and the six area councils. Mr Michael Ango, acting Executive Chairman, FCT-IRS, disclosed this in Abuja on Thursday, during the service’s annual sensitisation campaign toContinue Reading
By Martha Agas A customs and tax expert, Mr Okey Ibeke, says the duties of the Nigeria Customs Service (NCS) is not only limited to revenue collection but involves highly technical operations. Ibeke stated this on Thursday in Abuja, following a public hearing on tax reform bills organised by theContinue Reading
