Tag: Tax
Tax: Soludo threatens to remove politicians’ billboards, gives two weeks ultimatum
Anambra State Governor, Prof Chukwuma Soludo, has threatened to remove all billboards in the state belonging to politicians if they ...
NNPL declares N674b profit after tax
The Nigerian National Petroleum Company NNPC Limited (NNPL) on Tuesday declared N674 billion Profit After Tax for the year that ...
Imo govt denies receiving N70b tax from oil
Imo State Government has described claim by a group of people from Egbema, in Ohaji/Egbema Local Government Area, that N70 ...
Pantami rejects imposition of 5% excise duty on telecoms sector
Nigeria’s minister of Communications and Digital Economy, Prof Isa Pantami, has rejected the planned implementation of the five percent excise ...
Telecom subscribers to pay 5% tax on call, text, data, as NCC rallies stakeholders on implementation
The Federal Government has disclosed that telecommunications subscribers would pay a 5 percent tax on call, SMS, and data services. ...
FIRS extends due date for companies’ Income Tax Returns
The Federal Inland Revenue Service has extended the due date for filing of Companies Income Tax Returns for the 2022 ...
FG increases tax on cigarette, shisha to 30%
The federal government has increased the tax on tobacco products including shisha and cigarettes from 20 percent to 30 percent. ...
FIRS to begin nationwide tax compliance monitoring
The Federal Inland Revenue Service (FIRS) would embark on a nationwide Value Added Tax (VAT) and Withholding Tax (WHT) compliance ...
We’ve recovered N53bn out of N5.2trn debt from MDAs – FG
The federal government on Monday disclosed that it had recovered N53.5 billion out of N5.2 trillion owed by its ministries, ...
FG raked in N1.69tn company tax in 2021 – NBS report
The Federal Government raked in N1.69tn from company income tax in 2021, according to statistics from the National Bureau of ...
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