VAT Automation: FIRS targets lottery, gaming sector to boost revenue
The Federal Inland Revenue Service, FIRS, says it is partnering the National Lottery Regulatory Commission, NLRC, on Value Added Tax, ...
Tag: VAT
Financial expert frowns at Nigerian govt’s move to increase VAT, says rises in inflation imminent
A financial expert and former President of the Association of National Accountants of Nigeria, ANAN, Dr Samuel Nzekwe, has said ...
How Nigerian govt plans to fund National Minimum Wage – Udoma
The Minister of Budget and National Planning, Senator Udo Udoma, has disclosed that the federal government is considering an upward ...
Nigerian federal, states, LGs share N812.76bn
Non-Mineral Revenue increased by N68.2 billion, from N159.4 billion in October, to N227.7 billion in November
Nigeria generates N254.10bn from VAT in Q4, NBS says
The National Bureau of Statistics, NBS, on Thursday declared that the country generated N254.10 billion as Value Added Tax in ...
Hameed Ali breaks Customs revenue records
The Nigerian Customs Service said it broke a record in revenue collection, making N486 billion in six months as against ...
Nigerian gov’t, states, LGs share N462bn
A total of N462.359 billion has been distributed as Federal Allocation for the month of May, 2017 to the federal ...
FIRS to introduce electronic tax clearance certificate
The Federal Inland Revenue Service, FIRS, says it will soon introduce electronic Tax Clearance Certificate, TCC, system to help reduce ...
Monthly allocation balloons as Nigeria’s federal, state, local govts share N465bn
By Mustapha Hodio A total of N465.149 billion has been distributed as Federal Allocation for the month of January, 2017 ...
Nigeria denies plans to increase taxes
The minister of Budget and National Planning, Udoma Udoma, has said that the federal government has no intention of increasing taxes. ...