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Chartered Institute of Taxation of Nigeria

ESIRS: Enugu IGR boost, fallout out of Governor Ugwuanyi’s measures

The Enugu State Internal Revenue Service (ESIRS) has attributed the sustainable increase in the state’s Internally Generated Revenues (IGR) to the well-thought-out measures adopted by Governor Ifeanyi Ugwuanyi’s administration.

CITN: Apathy causes outcry against new tax regime

The President of Chartered Institute of Taxation of Nigeria (CITN), Dame Olajumoke Simplice, has blamed Nigerians’ outcry against the new tax regime on long period of apathy and lack of focus to make taxation the bedrock of government’s revenue mobilisation.
CITN President, Dame Olajumoke Simplice with Gov. Babajide Sanwo-Olu

Governor Sanwo-Olu: We’ve sustained independence of LIRS

The autonomy enjoyed by the Lagos State Internal Revenue Service (LIRS) will not be tampered with, Governor Babajide Sanwo-Olu, pledged on Tuesday.

Ecobank Nigeria announces appointment of key officers

Ecobank Nigeria has announced the appointment of key Management Officers across various levels. Amongst those appointed are Kenneth Okere, who is now the Company Secretary & Chief Legal Counsel; Ibukunoluwa Oyedeji, Chief Financial Officer (CFO); Abiola Aderinola, Financial Controller; Adetokunbo Uko, Treasurer and Akintunde Dawodu, Chief Compliance Officer and Head, Compliance & Control.

Experts advocate broadening, transparency in tax revenues

Experts have called on the federal government to restructure the finances of the country such that the share of the nation’s revenue that it earns from taxation is judiciously utilised calling for more transparency.
Gov. Babajide Sanwo-Olu of Lagos State has tasked the Chartered Institute of Taxation of Nigeria (CITN) to be proactive on deepening taxation practice in Nigeria.

Governor Sanwo-Olu urges CITN to deepen taxation practice in Nigeria

Gov. Babajide Sanwo-Olu of Lagos State has tasked the Chartered Institute of Taxation of Nigeria (CITN) to be proactive on deepening taxation practice in Nigeria.
Austin Enejamo-Isire

Presidency: Austin Enejamo-Isire is NSITF board chairman

The Presidency says Mr Austin Enejamo-Isire is the authentic Chairman of the Board of Directors, Nigeria Social Insurance Trust Fund (NSITF), and will be inaugurated at Banquet Hall of the Presidential Villa, Abuja, on Monday.
Femi Adesina, spokesman of President Muhammadu Buhari

Presidency speaks on removal of Frank Kokori as NSITF board chairman

The Presidency on Sunday said the removal of veteran labour activist, Frank Kokori, as the proposed Chairman of the Board of the Nigeria Social Investment Trust Fund has the blessing of President Muhammadu Buhari.
Tony Elumelu, chairman of Heirs Holdings, says access to electricity is critical to growing Nigeria’s economy.

Tony Elumelu urges governments to create favourable tax policies

The Chairman, Heirs Holdings and Founder, Tony Elumelu Foundation (TEF), Mr. Tony Elumelu, has called for far reaching tax reforms.
President Buhari receiving Report of the Technical Advisory Committee on the Implementation of the National Minimum Wage in State House on 25th Mar 2019 2

President Buhari: Imbibing new tax culture will boost Nigeria’s economy

President Muhammadu Buhari, Tuesday in Abuja, said the Federal Government will continue to sensitize and encourage Nigerians to cultivate the culture of paying taxes by ensuring fair implementation policy and effective utilisation of resources.

Experts: VAT increment will further worsen Nigerians’ situations

A notice by Minister of Budget and National Planning, Senator Udoma Udo Udoma and Executive Chairman of Federal Inland Revenue Service (FIRS) Mr. Babatunde Fowler of government’s intention to raise the rate of value added tax (VAT) before the end of 2019 is presently causing ripples among various categories of Nigerians.

Nigeria’s auditor-general appointed into AU board of auditors

Anthony Ayine, auditor-general of the federation, has been appointed as a member of the African Union (AU) board of external auditors.
The Ekiti State Deputy Governor, Chief Bisi Egbeyemi, has appealed to the people of Isaba-Ekiti in Ikole Local Government Area of Ekiti State to maintain peace over the vacant kingship stool.

Ekiti introduces e-receipt to combat tax fraud

The Ekiti State government has introduced electronic receipt (e-receipt) as part of reforms in the collection of taxes and revenue generation in the state.

LIRS: No case of multiple taxation in Nigeria

Lagos Inland Revenue Service (LIRS) director Shade Coker says contrary to widely-spread belief, there are no cases of multiple taxation in Nigeria
ANAN Shehu Ladan

ANAN seeks improved tax collection, integrated reporting

The President of the Association of National Accountants of Nigeria (ANAN), Alhaji Shehu Ladan, has urged newly-inducted fellows of the association to lead the campaign against corruption and uphold the highest level of ideals, values and integrity of the profession.
Asue Ighodalo

Asue Ighodalo emerges new NESG board chairman

The Nigerian Economic Summit Group (NESG), a private sector led think-tank organization that promotes sustainable growth and development in the Nigerian economy on Wednesday announced the appointment of Mr. Asue Ighodalo, as its new Chairman.

Federal government advised to sustain tax collection to reduce borrowing

A tax expert, Mr Mac-Antony Dike, on Wednesday advised the Federal Government to sustain its zeal of generating more revenue from tax defaulters to reduce borrowing.

Federal government reconstitutes tax appeal tribunals

The federal government has reconstituted the Tax Appeal Tribunals in the six geo-political zones as well as Lagos State and the Federal Capital Territory (FCT), Abuja.

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Juergen Schedema, the Log Yard Manager of the ICC, was discovered dead early Wednesday morning, January 22.

German businessman shot dead in Liberia

Details of the incident are unclear, however, a government statement gave his name as Juergen Schedema and local media reported that he worked as a manager in a logging firm in the West African state.
China Eastern Airlines crew wear face masks after arriving in Australia on Thursday. There has been a rush for masks among people living in China amid concerns about the spread of the coronavirus that originated in Wuhan in December [Joel Carrett-EPA]

China advises against travel to Wuhan as coronavirus deaths surge

Chinese authorities have urged people to stop travelling in and out of Wuhan, the city at the centre of a new virus outbreak that has killed 17 people.
Super Eagles midfielder Wilfred Ndidi has expressed his delight after he returned to action for Leicester City in their 4-1 win against West Ham United, in Wednesday’s Premier League game.

Brendan Rodgers praises Wilfred Ndidi’s ‘remarkable’ return from injury

Leicester City boss Brendan Rodgers has opened up on Wifred Ndidi’s ‘remarkable’ return.
“Governor Nasir El-Rufai has also intervened to ensure prompt settlement of the salary arrears that the local government councils owe to about 8500 primary school teachers that were employed in the second batch of recruitment of new teachers.

Kaduna introduces electronic traffic enforcement

The Kaduna State Traffic Law Enforcement Authority (KASTLEA) is being automated to make traffic enforcement in more efficient, a government statement said on Wednesday.
Edo State Governor Godwin Obaseki, has asked the Peoples Democratic Party to show proof of allegations that the state treasury is empty.

Governor Obaseki’s aide escapes gunmen, raises the alarm over threat to life

Comrade Solomon Okoduwa, Senior Special Assistant, (SSA) Edo State Governor on Anti-Human Trafficking Issues, on Wednesday cried out over what he described a series of threats to his life.