Opinion

Ayinde Barrister, North and Tinubu’s VAT Bill; By Festus Adedayo

By Editor 03/11/2024

Like the crises that usually follow sharing of spoils in a hunting expedition, last week’s transmission of four bills aimed at overhauling the Nigerian tax system to the National Assembly by the Bola Tinubu administration got engulfed in controversy. The bills are: the Nigeria Tax Bill 2024, the Tax Administration Bill, the Nigeria Revenue Service Establishment Bill, and Continue Reading

Features

Improved revenue generation as panacea to Nigeria’s rising debt profile

By Editor 30/12/2023 0

•President Bola Tinubu By Kadiri Abdulrahman Stakeholders have continued to raise concern that the country’s dependence on debt to fund expenditure. Nigeria’s total public debt stock, according to the Debt Management Office (DMO) in a recent computation, hit N87.91 trillion, approximately 114.35 billion dollars, as of Sept. 30. The Debt Management Office said that the […]Continue Reading

Business

FIRS lists Nigeria’s 2021 top-performing taxpayers, hails them for compliance

By Editor 16/05/2022 0

ABUJA – The Federal Inland Revenue Service (FIRS) has listed Nigeria’s top-performing taxpayers in 2021 and commended them for their exceptional efforts in contributing towards providing the necessary funds for the government to meet its social contract with the Nigerian citizens, despite the harsh economic conditions imposed by the COVID-19 pandemic. The FIRS, in a Continue Reading

News

No TIN-for-bank account requirement in Finance Bill – Presidency

By Admin Admin Sundiatapost 1 13/12/2021

The Presidency said on Sunday that there is no provision in the Finance Bill (2022) that states that banks will be required to request for Tax Identification Number before opening bank accounts for individuals and existing account holders must provide their TIN to continue operating their accounts. A top Presidency said this in a statement […]Continue Reading