Goes after illegal tax collectors By Ike Uchechukwu – Calabar Cross River State governor, Professor Ben Ayade, on Monday has made a downward review of the state budget christened Olimpotic Meristemssis from 1.1trillion to 147 billion naira. Recall that in December 2019 Gov Ayade had assented a budget of N1,100,168,507,687.94 but the review has brought […]

By Adeola Badru Governor Seyi Makinde, Monday, announced tax relief packages to private and corporate businesses to further cushion the effect of the ravaging COVID-19 pandemic on the state’s economy. The Commissioner for Finance in the state, Mr. Akinola Ojo, made the announcement in Ibadan, during a press conference on the Implementation of Tax Compliance […]

By Peter Duru No fewer than 11 fake tax officials have been arrested by a Special Task Force of Benue State Government in Makurdi, Tarka and Gwer East Local Government Areas of the state, for alleged illegal tax collection and fraud. The arrest of the gang came less than 48 hours after the Benue State […]

 Lagos State Government, through the state Internal Revenue Service, LIRS, has commenced the implementation of additional reliefs aimed at cushioning the negative impact of COVID-19 pandemic on individuals and businesses in the state.

Association of Bureaux De Change Operators of Nigeria (ABCON) has called on the federal government to suspend all increases in taxation and tariffs until the economy recovers from the impact of the COVID-19 pandemic. 

On the backdrop of fall in  Internally Generated Revenue (IGR) across the 36 states of the federation, investment experts at FBNQuest, the investment banking arm of First Bank of Nigeria Limited, have called for a review of the tax collection efforts by the various state governments in Nigeria in order to boost their revenue.

By Johnbosco Agbakwuru ABUJA — THE Non-Academic Staff Union of Educational and Associated Institutions, NASU, has lamented that the Federal and State governments impose excessive and multiple taxes on workers without being sensitive to their plights. NASU alleged that workers especially the low-income earners bear the brunt of government excessive and multiple taxations, while big […]

Minister of Labour and Employment, Senator Chris Ngige, weekend, said unremitted N800 billion tax, among other anomalies, was why the Federal Government is insisting on Integrated Payroll and Personnel Information System, IPPIS.

Lagos State Internal Revenue Service, LIRS, on Wednesday, extended the deadline for filing of Annual Tax Returns to June 30, as a result of the coronavirus pandemic.

All illegal tax collection must stop ― Dr Isong By Ike Uchechukwu – Calabar The Chairman, Cross River State Anti-Tax Agency, CRSATA, Bishop (Dr) Emma Isong has vowed to prosecute those flouting the directives of the governor and the Tax Exemption Law will face the full wrath of the law. Dr Isong gave the warning […]

The Office of the Accountant General of the Federation, OAGF, has accused the Academic Staff Union of Universities, ASUU, of resisting the Integrated Personnel Payroll Information System, IPPIS, in order to evade tax.

 The new Chairman of Imo Internal Revenue Service (IIRS), Mr Remigus Okoye, says the era of tax evasion in the state is over as professional mechanism to check the trend will soon be in place.

By Suleiman Uba TODAY, very few will dispute the fact that one of President Muhammadu Buhari’s most important, flagship appointments in his five years in office is the Chairman of the Federal Inland Revenues Service, FIRS, Mr. Muhammad Mamman Nami. Several unfolding reasons back up this contention. Amid uncertainties thrown up by the coronavirus pandemic, […]

Zenith Bank Plc has posted a profit after tax of N178 billion for its 2019 financial year. The figure represents about 7.6 percent increase compared to the N165 billion recorded in 2018.

Chairman, Federal Inland Revenue Service, FIRS, Mohammed Nami, on Monday, said some staff the of the Service across the country were graduates of engineering, law and other disciplines not related to taxation.