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Joint Tax Board

Babatunde Fowler: New TIN registration system’ll create tax friendly environment

Chairman, Joint Tax Board, Mr. Babatunde Fowler, has disclosed that the new National Tax Identification Number (TIN) registration system and consolidated taxpayers’ database would help engender a tax-friendly environment in the country and lay a foundation for less governmental dependence on loans, aids and grants.

Federal government pays N157.3 billion tax arrears to states

The Federal Government has paid the sum of N157.35bn Pay-As-You-Earn tax liabilities owed by Federal ministries, departments and agencies to states.
Babatunde Fowler FIRS

South East gets N24 billion from federal government tax rebates

The South-East states have received nothing less than N23.87 billion from the Federal Government as tax rebates.

Anambra governor flags off new tax registration system

The Anambra State Governor, Chief Willie Obiano, on Thursday flagged-off the New National Tax Identification Number (TIN) Registration System for the Southeast geopolitical zone.
National Bureau of Statistics NBS

NBS: 36 States, FCT generated N691.11 billion as revenue in first half 2019

The National Bureau of Statistics says in the first half of 2019, the 36 states and the Federal Capital Territory generated N691.11 billion as Internally Generated Revenue.

FRSC arrests 1,750 riders for number plate violation

Sequel to the decision by the Federal Road Safety Corps and the Joint Tax Board to clampdown on tricycles and motorcycles without number plates and riders without class ‘A’ licenses, the corps has arrested over 1,750 violators nationwide.

States generate N1.6 trillion – FIRS chief

Revenue collection and generation from states across the country rose from N800.02 billion in 2016 to N1.6 trillion last year, the Chairman, Federal Inland Revenue Service (FIRS) Mr Babatunde Fowler said on Thursday.

FIRS targets 45 million tax payers by December – Tunde Fowler

The Federal Inland Revenue Service (FIRS) says about 45 million Nigerians will be captured as taxpayers before December 2019.
The Federal Capital Territory (FCT) administration has raised alarm over rising cases of insecurity and vandalism in the territory. Abuja

FRSC: Tricycles’ influx in FCT a failure of bus system

The Federal Road Safety Corps (FRSC) says the influx of tricycles into city roads as a means of transportation, is an indication of failure of intra-city bus systems.

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).

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Police recruitment: Court adjourns for PSC to respond to AGF’s application

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Evo Morales’s topsy-turvy flight into exile

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The Federal High Court, Abuja, on Thursday, held that the Independent National Electoral Commission (INEC) was wrong to have excluded candidate of the Social Democratic Party (SDP), Mrs Natasha Akpoti, in the Nov. 16 governorship election in Kogi.

Kogi guber: APC accuses SDP candidate of faking attack on her

The All Progressives Congress (APC) in Kogi State has accused the governorship candidate of the Social Democratic Party (SDP), Natasha Akpoti, of faking the reported attack on her on Tuesday in Lokoja.