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Federal Inland Revenue Service
The Federal Government is committed to doubling Nigeria’s tax to Gross Domestic Product (GDP) ratio from its current six per cent to 12 per cent by year 2020.
The Federal Government has secured a global commitment to fight tax evasion through having access to the financial accounts of Nigerians outside the country.
Nigeria is the biggest loser of the $50 billion dollars illicit financial flows out of Africa annually, Minister of Finance, Mrs Kemi Adeosun, has said.
The National Economic Council was on Thursday given an interim briefing on the NEC Working Group’s assignment on herdsmen-farmers clashes.
The National Assembly Technical Committee on Tax Reforms has assured of harmonious working relationship with the Presidential Initiative on the Ease of Doing Business.
The minister of finance, Kemi Adeosun, says regular tax payment by all economically active citizens can protect Nigeria from the shocks associated with commodity boom and bust cycles.
Minister of Finance, Mrs. Kemi Adeosun, is proposing increased tariff for cigarette and alcohol.
Chairman of the Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler, has advised tax defaulters to take advantage of the Voluntary Assets and Income Declaration Scheme (VAIDS) to avoid prosecution as well as other penalties at the end of the scheme on 31 March.
The Federal Inland Revenue Service said it collected a total of N4.03tn in the 2017 fiscal period.
The Federal Government has established an Inter-Ministerial Committee on harmonisation of data collection and evaluation for the country.
The Governor of Ekiti state, Ayo Fayose, Wednesday stormed the headquarters of the Independent National Electoral Commission (INEC) for an interactive session with the Commission over the July 14 governorship election in the state.
The Federal Executive Council, FEC, has approved a memo presented by the Minister of Transportation, Rotimi Amaechi, for the construction of a rail line from Ibadan, Oyo State, to Kaduna.
Senate President, Abubakar Bukola Saraki, Wednesday condemned in strong terms the attack on Government Girls Secondary School, Dapchi, in Yobe State by suspected Boko Haram insurgents.
Anti-graft detectives at the Economic and Financial Crimes Commission, EFCC, are questioning Azubuike Ihejirika, a former Chief of Army Staff, over his alleged involvement in the $2.1 billion arms procurement scandal, sources at the commission have said.
The All Progressives Congress (APC) has described as baseless allegations raised by the Peoples Democratic Party (PDP) on Tuesday accusing the opposition party of engaging in “destructive propaganda”.
President Muhammadu Buhari and not former Presidents Olusegun Obasanjo and Ibrahim Babangida is the most eligible to join the ‘club of retirees’, the Peoples Democratic Party (PDP) said yesterday.
The Chief of Army Staff, Lt-General Tukur Buratai, has again charged troops to capture the factional leader of the Boko Haram terrorists group, Abubakar Shekau, alive or dead.
Akwa United head coach Abdu Maikaba insists his side will overturn their first leg deficit against Banjul Hawks of Gambia when both teams clash in the second leg of their CAF Confederation Cup tie in Bakau on Wednesday.
Youths from Kogi West senatorial district on Monday drummed their support for Toyin Akanle, former director of the State Security Service (SSS), to replace Senator Dino Melaye in the upper chamber of the National Assembly.
President Muhammadu Buhari, has on Friday, met with 13 governors of the ruling All Progressives Congress (APC) in Daura, his country home, Katsina State.