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Federal Inland Revenue Service
Dr Anthony Uwa, Head of Implementation, Basic Registry and Information System in Nigeria, says the Federal Government is committed to the implementation of the project as it commences the pilot project in FCT.
An aviation expert, Capt. John Ojikutu (retd.) says the Federal Government lost over N100 billion in Ticket Sales Charges (TSC) and Cargo Sales Charges (CSC) in the aviation sector between 2013 and 2017.
The Federal Government has approved the issuance of a declaration certificate to taxpayers under the Voluntary Assets and Income Declaration Scheme (VAIDS).
Bello Maigari, Acting Executive Secretary of the National Lottery Trust Fund, told members of the House of Representatives that out of the estimated revenue target of N1.5trillion, the sector was able to generate just N7billion in 13 years.
The National Economic Council (NEC) comprising the federating states and government at the centre on Thursday raised the alarm that revenue generating agencies shortchanged the government of N526 billion and $21 billion amounting to N8.13 trillion between 2010 and 2015.
The National Economic Council (NEC) presided over on Thursday by Vice President Yemi Osinbajo has said the final report on the forensic audit of revenue accruals by revenue generating agencies confirmed massive under-remittances to the Federation Account to the tune of N8.1 trillion.
The Nigerian Investment Promotion Commission (NIPC) will on Thursday formally launch the country’s online investors’ guide.
As Nigerians await the passage of the 2018 budget by the National Assembly, the federal government says its capital expenditure for the 2017 fiscal year was in excess of N1.5 trillion.
The 36 states of the federation have so far withdrawn about 593.1 billion from the Federation Account as revenue generated in the first quarter of 2018.
The Minister of Finance, Mrs Kemi Adeosun, said the delay in passage of the 2018 budget would have some impact on the nation and cause some adjustments in implementation.
The Vice-President (VP), Prof. Yemi Osinbajo, has declared thatmost states of the federation cannot survive without the monthly allocation from the Federation Account.
Vice President Yemi Osinbajo says the number of tax compliant Nigerians has increased by five million to stand at 19 million from the 14 million earlier recorded.
The Federal Inland Revenue Service (FIRS) says it has started harmonising taxes in Nigeria as part of moves to reduce cases of multiple taxation.
Chairman of the Joint Tax Board (JTB), Mr. Tunde Fowler, yesterday, called on state governors to empower State Internal Revenue Services (SIRS) by making them autonomous. Fowler made the call at the 137th Meeting of the JTB in Ilorin.
The Institute of Chartered Accountants of Nigeria (ICAN) on Saturday night honoured the Minister of Finance, Mrs. Kemi Adeosun, and Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler, with the 2018 Merit Award.
The Ondo State Government says the Vice President, Prof. Yemi Osinbajo, will be in the state on Thursday for the inauguration of the Micro, Small and Medium Enterprises ( MSME ) Clinic in Akure.
Zimbabwe's President Emmerson Mnangagwa said Saturday he narrowly survived an attempt on his life after a blast at a party rally that injured two of his vice-presidents and several party officials.
In commemoration of the 2018 World Sickle Cell Day, the Sickle Cell Foundation of Nigeria has lauded the Lagos State government for donating N200m for the establishment of a bone marrow transplant unit at the Lagos University Teaching Hospital (LUTH).
President Muhammadu Buhari has said the idea behind adopting a consensus candidate as chairman of the party was meant to heal aggrieved members of the party.
Live bullet from an AK47 rifle carried by an unnamed police officer has killed a 38-year-old woman in Onitsha.
The Executive Secretary of National Health Insurance Scheme (NHIS), Prof. Usman Yusuf, has accused some HMOs, Hospitals, Insurance companies as the institutions that want to defraud Nigerians and who ganged up and masterminded his suspension for six months.
Gov. Mohammed Abubakar of Bauchi said on Wednesday that no fewer than 349 schools were damaged across the state by the strong windstorm that swept across the state on Saturday.
UNAIDS has expressed its sincere appreciation to Denmark for its long-standing support and welcomes its decision to increase its core contributions to UNAIDS.
Saudi Arabia landed safely in Rostov-on-Don after experiencing a technical failure in one of their plane’s engines mid-flight.
The Taliban have banned their fighters from attending public gatherings, going into cities and meeting with the Afghan public, as well as officials and security forces, during the three-day ceasefire, according to a statement by the militants.
The Nigerian Ports Authority said on Thursday that revenue on car importation into the country dropped by 20 per cent this year, a fallout of the Federal Government’s Automobile Policy.