Senate Summons Emefiele, Ahmed, Others Over Expatriate Tax Evasion     The Senate on Wednesday summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed, and the Governor of the Central Bank of Nigeria, Godwin Emefiele, to brief it on measures to curb tax evasion by...

Adeosun Seeks Tougher Sanctions Against Multinationals On Tax Evasion Nigeria’s Minister of Finance, Mrs. Kemi Adeosun, has called for the designation of tax malpractices by multinational corporations in Nigeria and other developing countries as ‘foreign corrupt practices’. A statement signed by Oluyinka Akintunde, Special Adviser Media...

...Multinationals to file returns on operations abroad ...FEC approves construction of bigger port in Badagry The federal government has announced that it had lost about $1 trillion to tax evasion and avoidance by multinational companies. The Minister of Information and Culture, Lai Mohammed, who dropped the hint after...