ABUJA – The Federal Inland Revenue Service (FIRS) has urged the Senate to uphold the retrenchment of its former Tax Controller, Dare Adebayo, who was relieved of the job over alleged fraud. Malam Kabiru Manchi, Chairman of the service, made the plea on Friday while defending a petition brought against the establishment before the Senate […]Continue Reading
ABUJA – The Chairman, Senate committee on FCT, Sen. Smart Adeyemi, said owners of unoccupied houses in the Federal Capital Territory (FCT) would be made to dispose of such property as from 2015. Adeyemi told the News Agency of Nigeria (NAN) in Abuja on Thursday that property owners would be forced to pay tax on […]Continue Reading
LAGOS – Some financial experts on Tuesday expressed divergent views on the Federal Government’s plans to tax luxury goods nationwide. The former President of the West African Tax Institute, Mr Kunle Quadri, told the News Agency of Nigeria (NAN) that the proposed tax would boost government’s internally generated revenue. “Luxury tax is a must, if […]Continue Reading
AWKA – The Anambra State Government said it sealed off no fewer than 59 residential buildings and business premises since 2011, over default in payment of taxes by property owners. Mr Sylvester Agbapu, Head of Enforcement Unit, Anambra Property and Land Use Charge (APLUC), stated this on Monday in Awka, during an enforcement exercise. APLUC […]Continue Reading