Tag: tax
Why Tinubu’s tax reform bills are ‘dead on arrival’ in NASS – Ndume
Ali Ndume, the federal lawmaker representing Borno South Senatorial District in the National Assembly (NASS), has stated that the tax reform bills ...Bank directors ask FG to reconsider windfall tax, say it’s ‘excessive burden’
The Bank Directors Association of Nigeria (BDAN) has called on the federal government to reconsider the recently imposed 70 percent windfall tax ...We Paid N543.9 Billion Tax To Nigerian Government In 2023 – MTN
MTN Nigeria Communication Plc. said it paid the sum of N543.9 billion in taxes and levies to the Nigerian government in 2023. ...FG Exempts Farmers, Manufacturers, SMEs From Paying Withholding Tax
The Federal Government has exempted farmers, small businesses, and manufacturers from withholding tax. This is according to the Chairman of the Presidential ...Taiwo Oyedele proposes tax exemptions for vulnerable people
Taiwo Oyedele, chairman of the presidential fiscal policy and tax reforms committee, has proposed that the federal government exempt vulnerable people from ...Nigerian women should be exempted from paying tax, says minister
Minister of Women Affairs, Uju Kennedy-Ohanenye, has said Nigerian women should not be made to pay taxes. Speaking at the 4th Annual ...FG to drive tax through enforcement of laws
The Federal Government, FG, has indicated that its plan to raise tax to Gross Domestic Product, GDP, ratio to 18 percent in ...Govt targets wealthy Nigerians in new tax drive
The Federal Government is planning to overhaul the nation’s tax system to shift more of the burden to wealthy citizens while cutting ...FG’s proposed 5% tax on call, text, data provocative, insensitive, irresponsible – Telecoms stakeholders
Stakeholders in the Nigerian telecommunications industry have rejected the Federal Government’s proposed tax on telecommunications services. The Federal Government has concluded plans ...Smokers to pay more, as FG increases tax on cigarette, shisha to 30%
The Federal Government has increased the tax on tobacco products including shisha and cigarettes from 20 per cent to 30 percent. The ...