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EFCC to go after companies, individuals evading tax

The chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, said on Friday the commission would go after corporate organisations evading tax...

Bill Gates rates Nigeria’s tax collection rate, says it’s too low

The co-chair of the Bill and Melinda Gates Foundation, Bill Gates, stated yesterday that Nigeria’s tax collection rates are low, pointing out that this...

Senator Dickson kicks against Tinubu’s plans to tax banks’ foreign gains

Senator Seriake Dickson, the Senator representing Bayelsa West in the 10th National Assembly has kicked against plans by President Bola Ahmed Tinubu to tax...

FG Suspends Tax On Importation Of Rice, Wheat, Others

The Federal Ministry of Agriculture and Food Security, on Monday, announced the suspension of duties, tariffs and taxes on the importation of some food...

Reps to probe Multichoice over alleged N1.8tr, $342m unremitted tax

Multichoice Group, the parent company of digital satellite television providers DSTV and GOTV, has landed in hot soup after the House of Representatives mandated...

Edun bemoans Nigeria’s tax to GDP ratio of 10%, says it’s lowest in the world

The Minister of Finance and Coordinating Minister of the Economy, Olawale Edun on Tuesday, February 6, 2024 lamented that Nigeria’s tax to Gross Domestic...

Wike enforces tax clearance certificate as pre-condition for business transactions in FCT 

The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has mandated the demand and verification of Tax Clearance Certificate (TCC) as a...

Financial experts support government’s proposal to tax wealthy Nigerians

Dr. Muda Yusuf, the Chief Executive Officer of the Center for the Promotion of Private Enterprise (CPPE), welcomed the government’s proposal as a form...

Abuse of Tax Incentives: HoR to end sabotage, ensure transparency, accountability

Against allegations and abuse of Tax breaks, the House of Representatives has reiterated its commitment to end sabotage of incentives and ensure transparency and...

We’ll ensure appropriate tax payment, use -Presidential Committee

The Presidential Committee on Fiscal Policy and Tax Reform (PCFPTR) will ensure that tax payment and use are beneficial to Nigerians as well as...

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