Tag Archives: Tax

Finally, FG to Tax First, Business Class Tickets

Finance Minister, Mrs. Kemi Adeosun, said Thursday that the federal government would begin to tax first and business class flight tickets in line with the new tax drive aimed at boosting revenue. The move is coming almost three years after the previous administration rolled out the initiative among a cocktail of measures to boost revenue with the precipitous decline in …

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Expectedly, Lagos Tops IGR List as 35 States Pool N801.95bn in 2016

Lagos State topped the list of states with the highest internally generated revenue (IGR) in 2016 as the National Bureau of Statistics (NBS) released the figures at state level between January and December last year. Lagos State recorded the highest figure of N302.42 billion in full year 2016, closely followed by Rivers State with N85.29 billion while Ebonyi State generated …

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Niger House member berates govt over refusal to approve 7.5percent CPS

Niger House member berates govt over refusal to approve 7.5percent CPS Olabode Adaramola A member of the Niger State House House of Assembly, Hon. Malik Madaki Bosso , has criticised ed state the governor , Alhajii Abubakar Sani Bello over his inability to assent to the 7.5percent Contributory Pension Scheme law, repealed by the state assembly despite it’s suspension over …

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FG charged to ensure just tax regime

Against the multiplicity of tax regime in the domestic economy, speakers at the 8th Wole Soyinka Centre Media Lecture Series have charged the Federal Government on the need to ensure an inclusive, simplified and automated tax regime in the country. The lead speaker, Adebimpe Balogun, who was the first female president of the Chartered Institute of Taxation of Nigeria (CITN), …

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