Tax Revenue Has Beeen Increased By Over N700bn Says Fowler   Through the deployment of Information and Communications Technology, the Federal Inland Revenue Service has been able to raise tax revenue by over N700bn in the last two years. The Executive Chairman, FIRS, Mr. Babatunde Fowler, said...

VAIDS: We Have Data On Nigerians With Hidden Assets Says Adeosun   The Minister of Finance, Mrs. Kemi Adeosun, yesterday, declared that the Voluntary Assets and Income Declaration Scheme (VAIDS) has given the Federal Government access to data of Nigerians with hidden assets both at home...

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...