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Joint Tax Board

Federal government settles N135 billion outstanding tax liabilities owed by MDAs

The federal government says it has paid N135 billion of all outstanding PAYE tax liabilities owed by Federal Ministries, Departments and Agencies (MDAs) for 14 years to various states governments.

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.
National Bureau of Statistics NBS

NBS: 36 states, FCT generate N324.59 billion IGR in 2018 fourth quarter

The National Bureau of Statistics (NBS) said the Internally Generated Revenue (IGR) of 36 states and the Federal Capital Territory (FCT) for fourth quarter of 2018 was N324.59 billion compared to N264.34 billion recorded in third quarter of the same year.

FIRS: Non-oil sector contributes 54% of N5.32t 2018 revenue

The Federal Inland Revenue Service on Thursday disclosed that the non-oil sector contributed about 54 per cent of the N5.32 trillion revenue it generated in 2018.

MTN protests shutdown of its facilities in Kogi

MTN Nigeria has expressed grave concern over the arbitrary shutdown of its base transmitting facilities by the Kogi State Internal Revenue Service (KGIRS), over allegations that it has not met its tax obligations to the government.
e-Payment - iStock

Nigeria’s e-payment transactions hit N56.85 trillion

Latest report from the Nigerian Interbank Settlement System (NIBSS), has shown that Nigeria’s electronic payment (e-payment) services, recorded transactions worth N56.85 trillion between January and end of September, 2018.
Manufacturers Association of Nigeria (MAN)

MAN: Why 2019 budget falls short of expectations

The Manufacturers Association of Nigeria, (MAN) has expressed concern that there may be a further depreciation of the Naira due to the recent pressure on the country’s external reserve arising continuous dip in oil prices and the usual withdrawal of foreign capital due to anticipated political uncertainty.
Manufacturers Association of Nigeria (MAN)

MAN praises federal government on AfCFTA

The Manufacturers Association of Nigeria (MAN) has released its 2019 Economic Outlook report and acknowledged government’s efforts at carrying the private sector along on the issue of African Continental Free Trade Agreement (AfCFTA).
Oseni Elamah

JTB: Nigerian tax payers now 35 million

The ongoing database consolidation of the Joint Tax Board (JTB) has seen Nigeria’s data base of tax payers expanding from 20 million to 35 million.
Oseni Elamah

JTB: Ongoing reforms to address double taxation

Mr Oseni Elamah, the Executive Secretary of Joint Tax Board (JTB) says ongoing reforms by the board will address the issue of double taxation in the country.

Tunde Fowler: Nigeria’s taxpayer population hits 33 million

The country’s taxpayer roll is set to hit 33 million, Chairman. This was disclosed by Mr. Tunde Fowler, Chairman, Joint Tax Board (JTB) and Executive Chairman, Federal Inland Revenue Service (FIRS) at the 142nd meeting of the JTB in Bauchi yesterday.

Tunde Fowler: FIRS generates N4.3 trillion tax revenue from January to October

The Federal Inland Revenue Service on Friday said it generated N4.3 trillion as tax revenue between January and October this year.

FRSC denies ambushing, extorting motorists over new number plates

The Federal Road Safety Commission has denied reports that it is ambushing and extorting motorists in its bid to get them to change over to new number plates.
Asishana Okauru

Asishana Okauru: Revenue generation now priority for governors

Director General of the Nigeria Governors Forum (NGF), Asishana Okauru, has said governors have now made revenue generation top priority due to dwindling federal allocations to states.
Aliyu Abdulhameed

NIRSAL: $8.9 billion annual post-harvest losses unacceptable

The Nigeria Incentive-based Risk Sharing System for Agricultural Lending (NIRSAL) has vowed to tackle post-harvest losses in the agribusiness sub-sector which the Nigerian Stored Products Research Institute estimates to be $8.9 billion annually.

Babatunde Fowler: FIRS set to commence audit of taxpayers nationwide

Mr Tunde Fowler, Executive Chairman, Federal Inland Revenue Service, on Thursday said that the agency would soon commence the audit of taxpayers across the country.

NIRSAL to reduce wastage, boost food supply

The Nigeria Incentive Based Risk Sharing System for Agricultural Lending (NIRSAL) says it is developing a transportation system to address bottlenecks in the movement of agricultural produce from farms to markets.

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Afcon 2021: Qualifiers draw pairs Nigeria with Sierra Leone, Lesotho and Benin

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Governor Umahi swears in 29-year-old photographer as media aide

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Delta court sentences man to death by hanging for armed robbery

A Delta State High Court sitting in Warri Judicial Division presided over Justice A.A. Onojovwo, has sentenced one Victor Nwankpa to death by hanging for armed robbery.
Imam Abubakar Abdullahi, right, when he earned the Ahmadu Bello Merit award earlier this year

President Buhari urges religious leaders emulate Imam Abdullahi after US honour

President Muhammadu Buhari has expressed delight over the International Religious Freedom Award conferred on Imam Abubakar Abdullahi of Nigeria by the U.S. Department of State.