Tax: Wike Urged To Rethink 5% Tax For Private Schools
Parents are urging the Minister of the Federal Capital Territory (FCT), Nyesom Wike to cease his plans to impose a five per cent tax on private schools operating within the territory.
Wike recently approved the implementation...
CITN Harps On Taxation As Policy Instrument For Economic Stability
Notwithstanding recent efforts by the Federal Government to reposition taxation for revenue increase, the Chartered Institute of Taxation of Nigeria (CITN) has said that taxation remains one fiscal policy instrument needed for stability, especially in...
CITN Seeks Holistic Review Of Tax Incentives
The Institute of Taxation of Nigeria (CITN) has called for a more holistic review of the country’s tax incentives regime.
They urged that tax incentives must be properly structured towards achieving its objectives.
President and Chairman of Council, CITN, Gladys...
Impacts of Taxation on Nigeria's Growth and Development
By Abraham John Onoja
In a developing country such as Nigeria, one of the major function of the government is the provision of infrastructural services to the citizens. This infastructural services include electricity, schools, hospitals, pipe-borne water, good...
Post COVID-19: Nation’s Economy Thrives More On Taxation Not Oil ― Commissioner
Lagos State Commissioner for Finance, Dr Rabiu Olowo, has stressed the need for Nigerians to embrace taxation as the most potent way out of COVID-19 consequence.
Olowo made the remark at a 2day Academic...
Manufacturers Object FG’s Planned Increase In VAT And Taxation
Manufacturers and providers of goods and services under the aegis of Nigeria Employers’ Consultative Association (NECA) wednesday expressed their opposition to the plans by the federal government to increase taxation, including the value added tax (VAT).
NECA...
