July 4, 2018

VAIDS: NASME Chief Urges Small Business Owners to Avoid Tax Prosecution

As the June 30, 2018 deadline for the Voluntary Asset and Income Declaration Scheme (VAIDS) inches closer, those in the Micro, Small and Medium Enterprises (MSMEs) sector of the economy have been urged to take advantage of the scheme to regularise their taxes in order to avoid prosecution. President of Nigerian Association of Small and …

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FIRS Targets N5trn Tax Revenues In 2018 – Fowler

The Chairman of the Federal Inland Revenue Service (FIRS), Mr Babatunde Fowler, has assured Nigerians that his agency to contribute more than N4 trillion to revenue projections in the 2018 Budget of the federal government which was signed by the president last week. President Mohammadu Buhari signed an annual budget with an expenditure profile of N9.12 trillion …

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FIRS Will Contribute Over N4t To 2018 Budget – Fowler

The Chairman of the Federal Inland Revenue Service, Tunde Fowler, has said that of the N9.3 trillion 2018 federal budget, FIRS intakes will account for N4 trillion. Fowler also said the service is on course to achieve its target of N5 trillion from taxes in the 2018 fiscal year. Disclosing this in an interview on …

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Dapo Abiodun smiles again, bags doctor of finance degree

Oil magnate and socialite, Dapo Abiodun, has cause to smile again months after he lost his son, Olu in very mysterious circumstances. Dapo, who is the chairman of Corporate Affairs Commission, was recently conferred with a honourary doctorate degree in Finance by the Ekiti State University, Ado Ekiti during the 23rd convocation ceremony of the …

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Acting CEOs in 50 agencies

Daily Trust reported last week that about 50 federal agencies are presently being run by acting Chief Executive Officers [CEOs] months or years after their substantive heads either retired or were sacked. This situation does not portray government in good light, coming as it does eight months after President Muhammadu Buhari announced that he will …

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NIA generates over N1.5b from tax refunds, contributions

The Nigerian Insurers Association (NIA) has secured a tax refund of over N1 billion in the year 2017. Besides, the umbrella body of all the operating insurance companies across the country, received a total contribution of over N500 million within the period under review. The immediate past Chairman of the association, Eddie Efekoha, disclosed the …

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