TAX

FG Announces Removal Of 5% Tax On Calls, Data

FG Announces Removal Of 5% Tax On Calls, Data   The Federal Government has announced the removal of its proposed five per cent excise duty on...

Companies, Consumers Taxes Hit N5.3tn – NBS

Companies, Consumers Taxes Hit N5.3tn – NBS The National Statistics Bureau data shows that consumers of goods and services and companies paid N5.34tn as taxes...
National Bureau of Statistics, NBS

Indirect Taxes Rise By 18.88% To N3trn – NBS

Indirect Taxes Rise By 18.88% To N3trn – NBS   The indirect tax burden on Nigerians rose by 18.88 per cent to N3.03tn in 2022 amid...
Zainab Ahmed, Minister of Finance, Budget, Planning

Fed Govt To Grant N5.5trn Tax Waivers In 2023

Fed Govt To Grant N5.5trn Tax Waivers In 2023   The Federal Government has budgeted N5.51tn for tax expenditures in 2023. This was according to the 2023...

FIRS, LASG Sign MoU to Develop Joint Tax Audit System

FIRS, LASG Sign MoU to Develop Joint Tax Audit System The Federal Inland Revenue Service and the Lagos State Government have signed a Memorandum of...
Formal President of Nigeria, Muhammadu Buhari

Report Reveals Companies Pay N11.5trn Tax Under Buhari

Report Reveals Companies Pay N11.5trn Tax Under Buhari   The Federal Government has raked in N11.5tn from taxes paid by business organisations under the administration of...

Soludo Suspends Taxes for Heavy-Duty Loading in Anambra

Soludo Suspends Taxes for Heavy-Duty Loading in Anambra The Governor of Anambra State, Prof. Chukwuma Soludo, has suspended tax payments in the transport sector for...
TAX

“Nigeria’s Corporate Tax Rate, Global Highest”

"Nigeria’s Corporate Tax Rate, Global Highest"   The Centre for the Promotion of Private Enterprises (CPPE) has called for the review of Nigeria’s tax laws, saying...
President Muhammadu Buhari

Fed Govt Plans Tax Waiver Suspension For Rural Firms

Fed Govt Plans Tax Waiver Suspension For Rural Firms   The Federal Government has proposed suspension of tax relief and rebates being granted to companies established...
National Bureau of Statistics, NBS

FG Rakes In N1.4trn From VAT, CIT In 3 Months – NBS

FG Rakes In N1.4trn From VAT, CIT In 3 Months – NBS   The National Bureau of Statistics (NBS) has disclosed that the federal government generated...
Zainab Ahmed, Minister of Finance, Budget, Planning

FG to Commence Informal Sector Taxes as it Frowns at Unfair Global Tax Rules

FG to Commence Informal Sector Taxes as it Frowns at Unfair Global Tax Rules The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed,...
TAX

Report Reveals Nigerians Paid N2trn Indirect Taxes In Nine Months

Report Reveals Nigerians Paid N2trn Indirect Taxes In Nine Months   Amid an economic downturn and rising inflation, the tax burden on Nigerians in the first...

CITN Gets New Chair, Pushes for Revival of Tax-Paying Culture

CITN Gets New Chair, Pushes for Revival of Tax-Paying Culture The new Chairman of the Chartered Institute of Taxation of Nigeria, Lagos District, Zaynab Abdulkareem,...
Mr Adewale Oyerinde, NECA DG

NECA, Agents Criticise FG’s Multiple Taxes

NECA, Agents Criticise FG's Multiple Taxes Seaport clearing agents and the Nigeria Employers Consultative Association have criticized the Federal Government's rising taxes on businesses, saying...
TAX

Nigerians Paid N1.23trn Tax To 36 States In 2021

Nigerians Paid N1.23trn Tax To 36 States In 2021   Nigerians across 36 states of the federation paid N1.23tn in taxes in 2021, a 19.19 per...

Companies Pay N1.25tn Tax Amid Energy Crises, Forex – NBS

Companies Pay N1.25tn Tax Amid Energy Crises, Forex - NBS The National Bureau of Statistics recent data has revealed that Nigerian firms paid N1.25tn tax...
Former Executive Chairman of FIRS, Muhammad Nami

Fed Govt Grows VAT By 20%, Rakes In N1.2trn

Fed Govt Grows VAT By 20%, Rakes In N1.2trn   The Federal Government through the Federal Inland Revenue Service has grown its proceeds of Value of...
Value Added Tax

Fed Govt Generates N127.03bn Tax From Calls, SMS

Fed Govt Generates N127.03bn Tax From Calls, SMS   The Federal Government made N127.03bn from Value Added Tax on calls, SMS, data, and other information and...
Dr Isa Pantami, Minister of Communication nad Digital Economy

FG Suspends Telecoms Tariff Hike, Excise Duty

FG Suspends Telecoms Tariff Hike, Excise Duty President Muhammadu Buhari has approved the suspension of the proposed excise duty on telecommunications indefinitely and constituted a committee...
National Bureau of Statistics, NBS

Fed Govt Generates N1.09trn From Indirect Taxes

Fed Govt Generates N1.09trn From Indirect Taxes   The Federal Government received N1.09tn from indirect taxes in the first two quarters of 2022, according to data...
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