NIPC: 33 Companies Get Tax Waiver On N543.9bn Investment The Nigeria Investment Promotion Commission has waved 33 companies tax income for a particular period. This is for operating in areas new to the Nigerian economy and investing N543.88billion. The waiver was contained in the first quarter...

Senate To NUPRC: Stop IOCs Evading Tax From Lifting Crude Oil   The Senate Committee on Finance has asked the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to stop international oil companies (IOCs) evading tax from lifting crude oil. The panel said the move has become imperative...

Fed Govt Bars 10 Firms, Grants Three-year Tax Relief To 33 Companies   The Federal Government approved the application of 33 companies seeking pioneer status under the Industrial Development Income Tax Act in 2021. This was contained in the quarterly PSI reports released by the Nigeria Investment...

How we can Boost Revenue without Raising New Taxes - Buhari President Muhammadu Buhari on Tuesday in Abuja expressed his administration’s commitment to an efficient tax administration in order to improve tax revenue in the country. Declaring open the second National Tax Dialogue Week, the President...

Buhari: "Much is Needed In The area of Tax Mobilisation" President Muhammadu Buhari has described Nigeria’s current tax system as fragmented and inefficient. He calls for a harmonised approach within a single system to boost revenue generation. In a statement by the Special Adviser to the...

Kogi’s Clampdown May Affect 11 States- Telcos Warn The Kogi State Internal Revenue Service agency has shut down a number of critical telecommunications sites in order to force telecom operators to pay more taxes and levies. According to the Association of Licensed Telecommunications Operators of Nigeria,...