Tag: Tax
FG plans to increase tax on tobacco products to 50 per cent — Official
The Federal Government says it will increase excise tax on tobacco products from 30 per cent ad-valorem to 50 per ...
Moghalu gives reasons FG shouldn’t increase tax
Kingsley Moghalu, a former Deputy Governor of the Central Bank of Nigeria, has spoken out against calls for the Federal ...
Soludo suspends taxes for heavy duty vehicles, promises to end multiple taxation in Anambra
Anambra State Governor, Prof. Chukwuma Soludo, has suspended taxes and rates paid by heavy duty trucks for loading and unloading ...
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. ...
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