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FG Says New Taxes, Tariffs May Be Imposed Soon

FG Says New Taxes, Tariffs May Be Imposed Soon     The Federal Government has indicated the possibility of introducing new taxes, tariffs and levies as part of measures to shore up its revenue. This is just as the Federal Ministry of Finance, Budget and National Planning has...

FG Loses 50% Vehicle Import Duty, Levies To Smugglers – Report

FG Loses 50% Vehicle Import Duty, Levies To Smugglers – Report         The federal government is losing billions of naira in duties payable on imported vehicles as 50 per cent of such vehicles in Nigeria reportedly come in illegally through closed borders, it has been revealed. An...

Multiple Taxes, Levies, Greed Grounding Airlines, Says AMCON

Multiple Taxes, Levies, Greed Grounding Airlines, Says AMCON   The Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria, Mr Ahmed Kuru, has said numerous charges and taxes by regulatory agencies are some of the factors causing airlines failure in Nigeria. He also blamed banks for rushing...