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Nigeria loses $18bn annually to tax evasion, money laundering, others ― CISLAC

Connectivity and the devt agenda: Is govt taxing away our future?

ECONOMIC growth is underpinned by information and the technological infrastructure that enables access to it. It is the foundation upon which economic decisions are made; income gains are realised and upon which all economies grow. Economies serious about growing, must actively prioritise access to affordable internet services and safeguard the infrastructure that makes it all possible. Recent projections suggest that if internet penetration continues to grow at the same rate as mobile phone penetration did on the African continent; it could contribute as much as $300 billion to the continent’s total GDP by the year 2025.

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Taxing religious institutions: Matters arising

RECENTLY The Pointer Newspaper of Saturday, September 12, 2015 in a story entitled “Religious Institutions to Pay Tax on Investments,” one Barrister Frank Nwugo, a member of the Delta State Board of Internal Revenue cited some sections of the law and thereafter, concluded that churches will henceforth be taxed for investments such as school, vehicles, business outfits, and land acquisition. He added in his last paragraph that, “even Jesus Christ himself paid tax.”

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