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Tax-to-GDP

VAIDS boost for federal government as revenue rises by 42 percent

As the Federal Inland Revenue Service (FIRS) prepares its legal team to tackle tax evaders in the country, its Voluntary Asset and Income Declaration Scheme (VAIDS) is now making waves having shot up the revenue profile of the Federal Government by 42 per cent.

Vice President Osinbajo: Most states can’t survive without federal allocation

The Vice-President (VP), Prof. Yemi Osinbajo, has declared thatmost states of the federation cannot survive without the monthly allocation from the Federation Account.

VAIDS supported by existing tax laws – Kemi Adeosun

Finance Minister, Mrs Kemi Adeosun, has explained that the Voluntary Assets and Income Declaration Scheme (VAIDS) is underpinned by the existing tax laws in the country.

Why Nigeria’s tax-to-GDP ratio is low – Kemi Adeosun

The Minister of Finance, Kemi Adeosun, explained reasons why Nigeria has a low tax-to-GDP ratio.

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