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Tax Matters

States Predict N3tn Tax After Reform Bills Passage

Findings show that state governments have set a tax revenue target of approximately N3.12tn for the 2025 fiscal year.

Airline Operators Bemoan Excessive Taxes in Nigeria’s Aviation Industry

Airline Operators Bemoan Excessive Taxes in Nigeria's Aviation Industry   Prof Obiora Okonkwo, Founder of United Nigeria Airlines and spokesperson for the Airline Operators of Nigeria, has expressed dismay over the numerous charges imposed by government agencies on the aviation sector, stating that these levies have...

Reps Kick Against Telecom Tariff Hike

Reps Kick Against Telecom Tariff Hike The House of Representatives has called on the Minister of Communications, Innovation and Digital Economy, Bosun Tijani and the Nigerian Communications Commissions (NCC), to suspend the impending hike in telecommunications tariffs until their service improved. The call followed the adoption...

FG Predicts Economic Uplift as Tax Bills Take Effect

FG Predicts Economic Uplift as Tax Bills Take Effect   Experts in law and finance, including high-ranking government officials, emphasize the crucial role that law plays in driving economic growth and prosperity in Nigeria. This is just as the federal government reiterated that the tax reform bills...

FIRS Generated N21.6trn Revenue in 2024, Targets 25trn – Adedeji

FIRS Generated N21.6trn Revenue in 2024, Targets 25trn – Adedeji   The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr Zacch Adedeji has announced that the service generated a total of N21.6 trillion in revenue for the 2024 fiscal year, surpassing its initial target...

FG Reforms: Tinubu Appoints Board Chairmen for 43 Federal Agencies, Parastatals

FG Reforms: Tinubu Appoints Board Chairmen for 43 Federal Agencies, Parastatals   President Bola Tinubu has made key appointments, naming board chairpersons for 43 federal agencies and parastatals, as well as a secretary to the board of the Civil Defence, Immigration, and Prisons Services. The President, according...