NIPOST Staff Fault Ceding Stamp Duty To FIRS   Workers of the Nigerian Postal Service on Thursday staged a protest at the headquarters of the Ministry of Finance over the plan by the Federal Government to cede stamp duty collection to the Federal Inland Revenue Service. The...

Fed Govt Generates N4.25trn, Stops 2019 Capital Budget Releases   The Federal Government has ruled out any possibility of releasing additional funds to finance the capital components of the 2019 budget. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, who confirmed this during the...

Fed Govt To Automate Import Duty Waivers   The Federal Government is to automate import duty exemptions to be able to monitor the performance of such waivers electronically. The Ministry of Finance, Budget and National Planning is to launch the platform in conjunction with the Nigeria Customs...

FG Releases N650bn For Capital Projects, Road Repairs   The Federal Government said on Wednesday that road construction and repairs under the Ministry of Works and Housing were a major beneficiary of N650bn so far released for capital projects in the 2019 budget. It also named the...

Fed Govt To Tax Oil Companies' Dividends   If the Finance Bill submitted by President Muhammadu Buhari is passed by the National Assembly, it would remove the tax exemption on dividends paid from the profits of oil companies. The Minister of Finance, Budget and National Planning, Mrs...

FG To Introduce Tax Incentives On Investment In Capital Market   The Federal Government on Thursday said it would introduce tax incentives on investments in capital market instruments. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed said this at the opening session of a...