The National Orientation Agency, NOA, in collaboration with the Federal Inland Revenue Service, FIRS, is set to commence a nationwide sensitization campaign to increase citizens tax awareness across the country. The Director General, DG, NOA, Dr Garba Abari in his remark during a joint press
BUSINESS
Federation Account Allocation Committee (FAAC) has shared a total sum of N636.602 Billion April 2022 Federation Account Revenue to the Federal Government, States and Local Government Councils. This was contained in a communiqué issued at the end of a virtual meeting of the Federation Account Allocation Committee (FAAC) for May 2022. The N656.602 billion total distributable
The Federal Inland Revenue Service (FIRS) has recommended tax compliance as a prerequisite for clearing aspirants to contest for elective positions. The Executive Chairman of FIRS and Chairman, Joint Tax Board (JTB) Muhammad Nami made the recommendation at a meeting with the Independent National Electoral Commission (INEC) in Abuja. The News Agency of Nigeria (NAN) reports
Nigeria’s cautious approach to the endorsement of the Organization for Economic Cooperation and Development (OECD)/ G20 Inclusive Framework’s two-pillar solution to the taxation of the digital economy is in the best interest of the country, and to ensure that Nigeria does not lose out on potential revenue from the digital economy. This was explained in […]
Polaris Bank and the Lagos State Employment Trust Fund (LSETF) have partnered to provide N1 billion fund to artisans operating in Lagos state. This was disclosed at a joint media launch of the artisans’ funds and addressed by the Bank’s Executive Director, Lagos Business, Mr. Segun Opeke, on Thursday. Mr. Opeke explained that the partnership […]
The Chartered Institute of Taxation of Nigeria (CITN) has been urged to support the Federal Inland Revenue Service (FIRS) in its drive towards full digitalisation of tax administrative processes. Vice President Yemi Osinbajo SAN made this call in his speech at the Chartered Institute of Taxation of Nigeria’s (CITN) 24th Annual Tax Conference held at the […]
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