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TETFund institutional impact under threat – scribe

The Executive Secretary, Tertiary Education Trust Fund (TETFund), Prof. Suleiman Bogoro, has said that, if care is not taken, the reason for the establishment of TETFund would soon be defeated.

NNPC: Oil price in Nigeria cheapest in West Africa

The Group Managing Director (GMD) of Nigeria National Petroleum Corporation (NNPC), Mele Kyari, yesterday lamented at the Senate over the N145 per litre fuel price in Nigeria.

Governors hail Melee Kyari’s appointment as NNPC boss

The Nigerian Governors’ Forum (NGF) has hailed and totally endorsed the appointment of Mr Melee Kyari as the new Nigerian National Petroleum Corporation (NNPC), even as the national oil company has equally expressed its readiness to continuously work with them in the urgent task of growing crude oil production, growing renewable energy and expanding the revenue base of Nigeria.

Tax appeal tribunal dispenses N288 billion cases in six months

The Tax Appeal Tribunal has settled tax cases valued at N288 billion since the members were reconstituted six months ago.
aeroplane

Federal government defaults on VAT waiver for domestic airlines

More than one year after the pronouncement for Value Added Tax to be removed from air transport, the Federal Government has failed to implement the order.

New tax ID: Federal government directs central bank, others to synergise with JTB

The Federal Government has directed the Central Bank of Nigeria (CBN), Nigeria InterBank Settlement System (NIBBS), the National Identity Management Commission (NIMC), to cooperate with the Joint Tax Board (JTB) in the release of relevant individual records.

Tunde Fowler: IGR in 36 states, FCT in 2018 stood at N1.1 trillion

The Chairman, Joint Tax Board (JTB), Mr Tunde Fowler, said on Monday that the Internally Generated Revenue of the 36 states and FCT rose from N800 billion in 2016 to N1.16 trillion in 2018.
Mary Uduk - The Securities and Exchange Commission (SEC) has urged investors with multiple shareholding accounts to regularise such before December 31, 2019.

Clarion call for SEC, other agencies to respect rule of law

If the SEC goes ahead with this action it will be in clear violation of the interim injunction obtained by Oando’s principals Adewale Tinubu, the Group Chief Executive and Omamofe Boyo, the Deputy Group Chief Executive which restrains SEC, its servants and agents from directing or requesting any agency of the Government to act upon its decisions contained in its letter of 31st May pending the hearing.

Court refuses to stop FIRS, EFCC from arresting senior lawyer = for ‘tax evasion’

The Federal High Court in Abuja has refused to restrain the Federal Inland Revenue Service (FIRS) and the Economic and Financial Crimes Commission (EFCC) from arresting a Senior Advocate of Nigeria (SAN) Godwin Obla over alleged failure to pay tax.
Acting Finance Minister of Finance Zainab Ahmed

Zainab Ahmed: VAT to climb to 7.5 percent by 2020

In government’s desperate efforts to raise non-oil revenues, the former Minister of Finance, Mrs Zainab Ahmed, has said that the value-added tax (VAT) will increase from the current 5 %to 7.5% by 2020.

RMAFC: No going back on banks’ probe for tax collection verification

The Revenue Mobilisation Allocation and Fiscal Commission on Sunday said there was no going back on the on-going probing of Money Deposit Banks to ascertain the amount of money they collected on behalf of revenue generating agencies of the government.
Mansur Ahmed .. MAN president

MAN: Standard organisation is inefficient

The Manufacturers Association of Nigeria (MAN) has advised the federal government to re-examine the mandate of the Standard Organisation of Nigeria (SON).

FIRS unions restate dedication to N8.8 trillion target

The two labour unions at the Federal Inland Revenue Service have reassured Nigerians, the Federal Government and FIRS management that they will ensure that the N8.8 trillion revenue target for 2019 is realised.

NAMA solicits IATA’s collaboration on manpower training

The Nigerian Airspace Management Agency (NAMA) has canvassed partnership and support from the International Air Transport Association (IATA) in the training of critical manpower of Air Navigation Service Providers (ANSPs) in the AFI Region.

Tribunal reverses FIRS’s N29.2 VAT on bank

The Tax Appeal Tribunal, sitting in Abuja on Wednesday, reversed N29.2 million Federal Inland Revenue Service’s (FIRS) imposed as value added tax on Infinity Trust Mortgage Bank.
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.

Lagos Chamber expresses worry over SON’s interception of containers on highways

The Lagos Chamber of Commerce and Industry has expressed concern over reports of interception of containers on the highways by the officials of Standards Organisation of Nigeria.

Nigeria, Ghana enter cross border search and rescue agreement

The Nigerian Airspace Management Agency (NAMA) has signed a memorandum of understanding (MoU) with Ghana Civil Aviation Authority (GCAA) for effective synergy and collaborative cross border search and rescue.

Recent Stories

Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has again accused President Muhammadu Buhari of clamping down on the judiciary.

Tribunal: I have not been certified – Atiku Abubakar’s data analyst

Petitioners’ Witness 60, Joseph Gbenga, called by Peoples Democratic Party and its presidential candidate, Alhaji Atiku Abubakar, as an expert witness admitted before the Presidential Election Petitioner Tribunal, on Friday, that he had not been certified.
Justice Darius Khobo of Kaduna State High Court, on Thursday, adjourned hearing in the application for permission to travel to India for medical attention filed by Ibrahim El-Zakzaky and his wife, Zinat, to July 29.

Presidency: Court will decide Ibraheem El Zakzaky’s fate

The Presidency has enjoined El-Zakzaky-led Shiite members to desist from needless violent street protests and await the decision of the court in Kaduna where their leader is currently being tried.

Governor Masari pushes for collective dialogue with bandits in North-West

Gov. Aminu Masari of Katsina State says, for dialogue and amnesty programme for cattle rustlers and bandits in the Northwest to succeed, it must involve all state governments in the zone.

Tailor arrested over alleged N1.48 million fraud

A 47-year-old tailor, Popoola Abolade, was on Friday brought before a Yaba Magistrates’ Court in Lagos, for allegedly defrauding a company of N1.48 million.
All Progressives Congress (APC) Nigeria

Kogi guber: APC stakeholders drag NWC to court

The All Progressives Congress (APC) stakeholders Kogi State chapter, have taken legal action against the party’s National Working Committee (NWC) over the indirect mode of primaries adopted by the national leadership for the election of candidates for the November 16 Kogi State governorship poll.