Tag Archives: taxes

Tayo Olanipekun, Washington DC A survey has shown that no fewer than 75 per cent of Nigerians are ready and willing to pay taxes, the Minister of Finance, Zainab Ahmed, has revealed. She also said that plans were already afoot to levy excise duties on carbonated drinks as she explained to journalists, during the World Bank/IMF Annual Meetings in Washington …

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In response to the International Monetary Fund’s recommendation that Nigeria increases its revenue through tax, Finance Minister Zainab Ahmed has said the country has no plans to effect any such hike. Ahmed disclosed this while addressing Nigerian journalists on the participation of the Nigerian delegation at the annual meeting of the IMF and the World Bank in Bali, Indonesia. Responding …

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The latest Global Wealth Migration review says rich people are leaving Lagos for other cities because of taxes. According to the report, some of the reasons high net worth people are leaving their locations are taxes and increasing crime rates. Other cities affected are London and Istanbul. According to the report, 1000 wealthy people left Lagos in 2017 and there …

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The Federal Inland Revenue Service (FIRS) has introduced six key electronic solutions (e-Services) to enhance convenience, transparency and round the clock processing and payment of taxes. Some of the e-Services, which could now be accessed online, are taxpayer registration (through e-Registration); payment of Stamp Duties (through e-Stamp Duty); payment of taxes (through online payment: e-TaxPay, Remita); receiving of electronic receipt …

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