As From March 31, FG’ll Name And Prosecute Tax Evaders - Adeosun The Federal Government on Thursday said it would name, shame and prosecute tax evaders who fail to take advantage of the amnesty provided by the Voluntary Assets and Income Declaration Scheme to regularise their...

Adeosun - Regular Tax Payment Crucial To Development   The Minister of Finance, Mrs. Kemi Adeosun, on Sunday identified the regular payment of taxes by Nigerians as fundamental to the growth and development of the economy. Adeosun, according to a statement by her Media Adviser, Mr. Oluyinka...

Revenue From VAT Rises By 19% To N968bn In 2017   Federally collected revenue from Value Added Tax (VAT) rose to N968 billion in 2017, up by N156.7 billion or 19 percent from N811 billion recorded in 2016. This was contained in the Central Bank of...

Adeosun Seeks Tougher Sanctions Against Multinationals On Tax Evasion Nigeria’s Minister of Finance, Mrs. Kemi Adeosun, has called for the designation of tax malpractices by multinational corporations in Nigeria and other developing countries as ‘foreign corrupt practices’. A statement signed by Oluyinka Akintunde, Special Adviser Media...

Nigeria, Other African Countries lose $80bn Annually to Illicit Financial Flows Following Africa’s yearly loses amounting to $80bn through Illicit Financial Flows(IFF) with Nigeria accounting for significant percentage, Nigeria, global organizations, including the Organization for Economic Cooperation and Development (OECD) and the World Bank Group,...

Finance Minster- We’ll Expose Tax Debtors With Bank Account Data   The Minister of Finance, Mrs. Kemi Adeosun, has advised wealthy Nigerians to take advantage of the Voluntary Assets and Income Declaration Scheme to regularise their tax status and escape unsavoury consequences. The minister said this in...