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FG To Target Tax Evaders Come April

FG To Target Tax Evaders Come April The Minister of Finance, Mrs Kemi Adeosun, has disclosed that the Federal Government would aggressively go after tax evaders from next April when the grace period for voluntarily assets and income declaration would have been over. She announced that...

Companies’ Tax Profiles Under Review- FG

Companies’ Tax Profiles Under Review- FG The Minister of Finance, Mrs. Kemi Adeosun, has said the Federal Government is reviewing the tax profiles of companies that received major payments from it in the last five years. The review is part of measures aimed at identifying those...

Offshore Tax Havens No Longer Offer Protection – Adeosun.

Finance Minister,  Mrs. Kemi Adeosun, has  advised Nigerians to review existing tax planning schemes, including those in offshore tax havens, in order to take advantage of the Voluntary Assets and Income Declaration Scheme (VAIDS) to regularise their tax status where necessary. The Minister gave this...

All Change!!!   Nigeria Is Not An Oil Economy

All Change!!!   Nigeria Is Not An Oil Economy By Kemi Adeosun Descriptions of Nigeria’s economy often include such phrases as ‘Africa’s largest oil producer’ and ‘the oil rich African nation’ but oil economies are typically characterised by low population densities and abundant oil resources. Saudi Arabia with 10...

800,000 Companies Don’t Pay Taxes

  The Minister of Finance, Mrs. Kemi Adeosun, stated this in an article entitled: ‘All change, Nigeria is not an oil economy’. In the article, which was made available to our correspondent on Sunday by her Media Adviser, Mr. Oluyinka Akintunde, the minister stated that the...

Our Strategy Will Mitigate Debt Service Risk – FG

Finance Minister,  Mrs. Kemi Adeosun, has expressed confidence that the Federal Government’s revenue and debt management strategy would mitigate the country’s debt service risk and fast-track her development. The Minister, who welcomed the advice of Nigeria’s international development partners, including the International Monetary Fund, said...