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ABCON Calls For Suspension Of Taxes, Tariff Hike

ABCON Calls For Suspension Of Taxes, Tariff Hike   Association of Bureaux De Change Operators of Nigeria (ABCON), has called on the Federal Government to suspend all increases in taxes and tariffs until the economy recovers from the impact of the COVID-19 pandemic. The Association made this...

LCCI To FG: Scrap Taxes On Solar Equipment

LCCI To FG: Scrap Taxes On Solar Equipment   The Director-General, Lagos Chambers of Commerce and Industry, Muda Yusuf, has said that the import duty and taxes on solar equipment including batteries and inverters should be scrapped so as to improve access to renewable energy solutions. The...

30,000 Firms In Kaduna Fail To Pay Taxes

30,000 Firms In Kaduna Fail To Pay Taxes   THE chairman, Kaduna State Internal Revenue Services, Zaid Abubakar, has said more than 30,000 companies in the state do not pay their taxes. He said this on Tuesday in Kaduna when a civil society organisation, Tax Justice and...

Airport Taxes, Charges Cost Airlines 38% Revenue

Airport Taxes, Charges Cost Airlines 38% Revenue   The multiple charges and taxes levied by airports in Nigeria and other African countries have gone up some notches, and now cost the carriers as much as 38 per cent of total earnings.The Director of African Airlines Association’s...

Nigeria To Make $6.35bn In Taxes, Royalties – NNPC

Nigeria To Make $6.35bn In Taxes, Royalties – NNPC   The Nigerian National Petroleum Corporation on Sunday announced that it had secured the closure of $875.75m alternative financing deal for the Nigerian Petroleum Development Company operated OML 65. A statement issued by the NNPC’s Group General Manager,...

FG Urged to Reduce Taxes, Cost of Aviation Fuel

FG Urged to Reduce Taxes, Cost of Aviation Fuel   Nigerian airlines have called on the federal government to review its tax policy for the sector as well as the cost of aviation fuel, in order to reduce cost of flight operations and ensure they remain...