June 3, 2019

FG offers tax incentives to investors willing to invest in road construction

The Federal Government says it will grant tax incentives to private companies willing to fund the construction of major road projects in the six geo-political zones of the country. The Minister of Finance, Mrs Zainab Ahmed said this on Tuesday at the Public Presentation of the Approved 2019 Budget in Abuja. Ahmed, who spoke on …

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LOCAL TAX THREAT Councils should consider local income tax to fill funding void, says think tank

CASH-STRAPPED councils should consider clobbering Brits with a local income tax to plug their multi-billion pound funding black hole, a respected think-tank today says. The Institute for Fiscal Studies said English town halls have had their funding slashed by a fifth in the past decade. The Institute for Fiscal Studies says local councils will face …

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Why wealthy Nigerians evade taxes –Oxfam

The Niger Delta Budget Monitoring Group and Oxfam International have urged the federal and state governments to intensify efforts in the collection of taxes from citizens. During a multi-stakeholder dialogue in Lagos, the Program me Officer, Public-Private Sector Transparency and Accountability Officer, Oxfam International, Henry Ushie, said that the government, both at the federal and …

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