May 24, 2019

Business Stakeholders Commend Cac Over Ease Of Doing Business

The Small – scale Consultative Forum, Abuja branch, has commended the Corporate Affairs Commission (CAC) and its acting registrar-general, Lady Azuka Azinge, for what it called the life-touching reforms she has so far introduced in the commission since assuming office in 2017. The body in a communiqué released to journalists and signed by Mr Komolafe …

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BIRS Fingers High Profile Persons Over Illegal Tax Collection In Benue

Benue State Internal Revenue Service (BIRS) has fingered politicians, traditional rulers and local government officials in the state over collection of illegal taxes in the state. It also said that no fewer than 76 persons had so far been arrested by the board in connection with the setting up of illegal road blocks in the …

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FAAC queries N26.7bn shortfall in FIRS’ revenue remittances

The Federation Accounts Allocation Committee (FAAC) has queried revenue shortfall of about N26.7 billion cby the Federal Inland Revenue Service (FIRS). The amount is in variance to the balance in the Central Bank of Nigeria (CBN’s) coffers. The difference in the figure spread across revenue channels under the purview of FIRS. These include the Petroleum …

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Telecom Operators Seek Executive Order to Stop Multiple Taxes

Stakeholders in the telecommunication industry are calling on the Federal Government to give an executive order that will stop state and local governments from imposing multiple and punitive levies on infrastructure. They said the issue of multiple taxes had defied all level of engagements held with the state governments, lingered for too long and limiting …

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