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The Federal Government has approved the issuance of a declaration certificate to taxpayers under the Voluntary Assets and Income Declaration Scheme (VAIDS).
Packaged by ace comedian, Gbenga Adeyinka the 1st, the show, which is already sweeping the length and breath of the south west, is now making its next stop in Akure, the capital city of Ondo State on Tuesday June 12, 2018.
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 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.
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.
The Federal Inland Revenue Service (FIRS) generated N1.17 trillion in the first quarter of 2018 from the collection of different tax types.
The director general of the National Emergency Management Agency (NEMA), Engineer Mustapha Maihaja, has admitted before the House of Representatives Committee on Emergency and Disaster Preparedness, which is investigating breach of public trust in the agency that the agency did not comply with the provisions of NEMA establishment Act which mandates it to liaise with its state counterparts during distribution of relief materials.
Lionel Messi's Argentina were on the brink of a humiliating World Cup exit on Thursday after they were humbled 3-0 by Croatia on a dramatic day at the World Cup that saw the European side join France in the knockout rounds.
The Police Command in Kaduna on Friday said it had arrested nine suspected members of Islamic Movement in Nigeria (IMN) known as the Shiite over violent attack on police officers in the state.
British police on Friday said they had arrested a man at London’s Charing Cross railway station who claimed he had a bomb.
The minister of interior, Abdulrahman Dambazau, says good governance is the solution to the security issues in Zamfara state.
France have booked their spot in the World Cup last 16 but a team forged in the image of coach Didier Deschamps is unlikely to win many friends or admirers.
The Sokoto State Government has pledged to contribute N500 million to the state Consultative Committee on the Revitalisation of Education.
Former Plateau State Governor, Senator Jonah David Jang, has said that the excellent performance of Governor Nyesom Wike of Rivers State and other Peoples Democratic Party (PDP) governors was an indication that only PDP can redeem Nigeria.
An Ikeja Magistrates’ Court on Tuesday ordered that a 36-year-old businessman, Olaleye Olatola, be remanded in Kiriliri prison, pending his sentence.
Financial experts on Thursday advised the Federal Government to avoid bureaucratic bottlenecks and ensure quick release of funds for optimal performance of the 2018 budget.
A former Governor of Kaduna State and also a former National Caretaker Committee Chairman of the Peoples Democratic Party (PDP) Sen. Ahmed Mohammed Makarfi, has alleged that the Federal Government under President Muhammadu Buhari is politicising security in the country.