EFCC, NASS, MDAs Fail To Remit Taxes - Oyedele The Fiscal Policy Partner and Africa Tax Leader at PwC, Taiwo Oyedele, has revealed that Ministries, Departments and Agencies (MDAs) of government do not remit withholding tax to government. Oyedele disclosed this at the Nairametrics Economic Outlook webinar,...

CITN Decries Corruption In Tax Administration In Nigeria       The Charted Institute of Taxation of Nigeria, CITN, has attributed the low tax culture among taxable adults and businesses in Nigeria to lack of accountability and transparency in the expenditure of tax money by tiers of government. Making...

Nigeria Has $900bn Dead Capital In Real Estate, Agric - PWC         Nigeria holds as much as $900 billion worth of dead capital locked up in residential real estate and agricultural land, including federal government’s abandoned properties estimated at N230 billion, said PWC Nigeria. Dead capital refers...

VAT Hike Will Kill Businesses, Shrink GDP, Experts Say Experts and groups such as the Nigeria Employers’ Consultative Association have said the recent increase in the Value Added Tax rate from five per cent to 7.2 per cent will lead to closure of many businesses. The...