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FG to Insure Assets Adequately- Adeosun

The Minister of Finance, Mrs Kemi Adeosun has said that the Federal Government will consolidate on the progress it has made in the insurance sector by ensuring that all of its assets are adequately insured. She spoke at the ongoing National Insurance Conference in Abuja. The...

FG Eyes $1b from New Tax Reform- Adeosun

Finance Minister Mrs Kemi Adeosun has said the Federal Government planned to raise over $1billion from the executive order signed by Acting President Yemi Osinbajo. Last week, Osinbajo signed an executive order to give room for Nigerians to regularise their taxes. Adeosun spoke yesterday on Sunrise...

Technology Will Enhance Tax Compliance- Adeosun

The Federal Government will deploy and heavily rely on technology to increase tax compliance under the recently launched Voluntary Asset and Income Declaration Scheme (VAIDS). Minister of Finance, Mrs. Kemi Adeosun has said. In an interview on Channels Television, the Minister explained that the signing...

FG to Fund 11% 2017 Budget with Recovered Loot, Promises N350bn for Capital Projects

The Federal Government is to fund 11 per cent of the 2017 Budget with money recovered from the treasury looters as it promised to make the first tranche of capital release of N350bn to its Ministries, Departments and Agencies for implementations. The Minister of Finance,...

FG to Recruit 7,500 Tax Advocates

The Federal Government has disclosed its plan to recruit about 7,500 graduates as Community Tax Liaison Officers to sensitise Nigerians on tax payment. The Minister of Finance, Mrs. Kemi Adeosun, who made this known at a press briefing on Thursday in Abuja, disclosed that the...

FG Confirms First Payment of N375.8m to Whistleblowers

The Federal Ministry of Finance has confirmed release of N375.8M to the first batch of 20 providers of information under the Whistleblower Policy. The payment, of various amounts totaling N375,875,000, relate to the recovery of N11,635,000,000 . The Minister for Finance, Mrs. Kemi Adeosun stated:...