By Perpetua Onuegbu An NGO, IdeaPlus Foundation, says inadequate knowledge of tax laws is creating compliance challenges for non-profit organisations across Nigeria, urging stronger collaboration among stakeholders. Co-founder of the foundation, Mr Dayo Olaide, stated this at the National Policy Dialogue on Nonprofit Taxation in Nigeria on Tuesday in Abuja.Continue Reading
By Kennedy Sheyin The Commandant of the National Defence College, Rear Adm. Abdullahi Ahmed, says the success of tax reforms depend on effective implementation, stakeholder understanding and public confidence. Ahmed said this on Tuesday in Abuja at a one-day national roundtable on recent tax reforms in Nigeria titled ”Policy Clarity,Continue Reading
By Dorcas Elusogbon Stakeholders have expressed support for the tax reform introduced by the administration of President Bola Tinubu, describing it as a major milestone in Nigeria’s tax reform programme. The President of the Ife Chambers of Commerce, Industry, Mines and Agriculture (IFECCIMA), Mr Samuel Olawole, said theContinue Reading
By Naomi Sharang Senate Leader, Opeyemi Bamidele says the passage of tax reform legislation and the National Assembly’s support for economic stabilisation ranked among the most significant achievements of the 10th Senate. Bamidele (APC-Ekiti) said this on Tuesday in Abuja, while reflecting on the performance of the senateContinue Reading
By Deji Abdulwahab The Minister of Information and National Orientation, Alhaji Mohammed Idris, says President Bola Tinubu has established the Office of the Tax Ombudsman to ensure equity, fairness and justice in the administration of taxes in the country. Idris said this on Tuesday when the Nigeria’s Tax Ombudsman, DrContinue Reading
By Muhammad Idris and Deji Abdulwahab The Minister of Information and National Orientation, Alhaji Mohammed Idris, has urged the Office of the Tax Ombudsman to create more awareness for Nigerians to understand its roles in the nation’s tax sector. Idris gave the advice on Monday at the unveiling of theContinue Reading
By Angela Atabo The Nigerian Institute of Building (NIOB) has advised building professionals to keep up with government policies and new tax changes so they can stay relevant in the changing construction industry. Its Chairman, FCT Chapter, Mr John Zaki, made the call during the institute’s Annual General Meeting andContinue Reading
Tax By Segun Giwa The Ondo State Government has announced plans to clampdown on revenue officials mounting roadblocks for tax and levy collections across the state. The Acting Chairman, Ondo State Revenue Service(ODRIS), Mr Bayo Rojugbokan, disclosed this in an interview with News Agency of Nigeria (NAN) in Akure onContinue Reading
Tax By Nana Musa The Federal Capital Territory Internal Revenue Service (FCT-IRS), has set March 31 deadline for all taxable individuals resident in the FCT to file their annual income tax returns. This is contained in a statement issued by the Head, Corporate Communications, FCT-IRS, Mr Mustapha Sumaila, in Abuja.Continue Reading
By Ikenna Osuoha The House of Representatives has clarified that a probe into the annual losses from tax concessions and waivers was not a witch-hunt, but a move to strengthen incentive administration, protect public funds, and restore confidence in government support programmes. The Chairman of theContinue Reading
