The federal government has confirmed that some items would enjoy exemptions or reliefs under the new…
Category: Tax
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NNPCL Records 79.6% Decline In Profit After Tax Clearance
The Nigerian National Petroleum Company Limited (NNPCL) has reported a sharp decline in its profit after…
Kogi Gov’t Revokes Tax Clearance Requirement For Student Enrollment At State-owned Tertiary Institutions
Governor Usman Ododo’s government of Kogi State has ordered the immediate termination of the policy requiring…
Tinubu Govt Moves To Introduce New Tax System For Nigerians
President Bola Ahmed Tinubu’s government is considering a single-digit range tax system to lessen the impact…
FG Proposes Increase Of VAT From 7.5% To 10%
The federal government is proposing to increase the Value Added Tax (VAT) from 7.5 percent to…
Oil Companies Owe Nigeria $6.17 Billion In Royalties, Taxes – Report Reveals
The indebtedness of oil companies to the Federal Government regarding royalties and taxes has reportedly reached…
Kaduna IRS Seals KAEDCO Over ₦600 Million Unpaid Tax
The Kaduna State Internal Revenue Service has taken action by sealing the Kaduna Electricity Distribution Company…
‘Stop The Multiple Taxation, People Will Die’ – Ayokunle Tells President Tinubu
A former President of the Christian Association of Nigeria (CAN), Dr. Samson Ayokunle, has expressed his…
Yobe Cattle Marketers Protest Over Tax Hike
Potiskum Cattle Market in Yobe State faced turmoil on Thursday due to a rise in tax…
Current International Tax Systems Against Developing Countries -Tinubu
In an effort to address the imbalance in the worldwide tax system, President Bola Tinubu on…