Tag: Tax

Opinion: No, Communication Service Tax can’t be a product of sound judgement

by Aribisala Tosin Isn’t it rather disappointing the argument put up by the Minister of Communications, Barrister Adebayo Shittu, that scarcity of funds is the reason the Federal Government is seeking…

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Feyi Fawehinmi: Malaria taxes or basket water?

A few weeks ago at an event in Ghana, Tunde Fowler, Nigeria’s chief tax collector, said that a tax of N5,000 was enough to save a child suffering malaria from death.…

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Opinion: 3 tech products we need built in Nigeria

A few weeks ago Mark Zuckerberg came Nigeria sightseeing and checking up on his investments (Andela and the millions of the ‘un-facebooked’ citizens of Nigeria). It was a good opportunity…

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Opinion: Can Nigeria actually spend her way out of this recession?

by Olamide Eyinla It is no longer news that Nigeria’s economy has slid into a recession. By definition, recession is a period of temporary economic decline during which trade and industrial…

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5 reasons Nigerians should reject the proposed tax on mobile services

The Nigerian government recently proposed a bill to place a 10 percent tax on phone calls, SMS and internet data packages. The bill was submitted to the National Assembly and…

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SERAP says ‘NO’ to proposed FG’s tax on phone calls, data

The Socio-Economic Rights and Accountability Project (SERAP) on Sunday rejected the plan by the Federal Government to impose a 10 per cent tax on every phone call, text message and…

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Yakubu Dogara

Ebonyi is growing its IGR faster than others, Kwara is slowest

The Speaker of the House of Representatives, Yakubu Dogara, has stated that the country has to diversify its economy from dependence on oil revenue. Dogara was speaking at the Chattered…

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Why Minister of Finance can’t guarantee full budget implementation

The Minister of Finance, Kemi Adeosun, has said that there is no guarantee that the Federal Government would implement the 2016 budget in full. The minister, yesterday, was summoned alongside…

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Opinion: Opposing the proposed Communication Service Tax

by Constance Azuru The proposed Communication Service Tax (CST) Bill is creating ripples among telecommunication consumers, in particular, and the Nigerian landscape in general. The controversial Tax Bill has passed the…

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Tinubu, Saraki and other relatives of politicians in #PanamaPapers

Several politicians, public officials and their relatives have been named in the newly released list of Nigerians involved in the Panama Papers scandal that revolves around shady Panamanian law firm,…

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Hotel lodgers in Akwa Ibom to pay tax on alcohol consumption

In a bid to generate more revenue, the Akwa Ibom state government has announced that henceforth, tax will be paid for consumption of alcohol in hotels and beers parlous in…

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‘Who tax don epp?’ | Chude Jideonwo on taxation, governance, democracy and development

I remember being a law student at the University of Lagos. The law of taxation was my worst course. I thanked God that I would never have to deal with…

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NLNG pays whopping $1.62 billion tax money

Apparently, nobody wants to part with their money — not even for the benefit of the community or even the country.  If we have our way, nobody will pay tax…

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Jimi Agbaje says Fashola lied over tax evasion claims, shows proof (LOOK)

by Kolapo Olapoju Reacting to the accusation of defaulting in tax payment, Jimi Agbaje Campaign Organisation, has released a letter showing that the governorship candidate of the PDP was recently…

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After the wedding, comes the debt – Solange’s tax evasion woes come knocking

Tax forces have come for Solange as a lien was filed 3 days after Solange and her husband Alan Ferguson tied the knot. The pettition was for the musician's outstanding…

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Prayer

Analysis: Nigerian churches already pay tax

by Adedayo Ademuwagun This year, there was a mixed public reaction when delegates at the National Conference proposed that churches should be taxed. Some people were pleased about the tax…

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FIRS seals Ewekoro Power Plant over unpaid N114 million tax [DETAILS]

by Godwin Akanfe Officials of the Federal Inland Revenue Service (FIRS) Southwest, have sealed-off the Lagos office of Ewekoro Power Plant over unpaid tax totalling N114 million. The company was…

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Adaobi Okwy: The church and a certain type of ignorance (Y! Superblogger)

by Adaobi Okwy The Holy Book says that we perish because of our lack of knowledge and I believe this to be true in every way. If God does not…

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Opinion: PDP’s ‘sin’ tax is socialism, so what?

by Garba Shehu In line with this, government should expand the scope of the new tax, to cover those “sinful” items and tax them the more and more, so that…

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Bishop Oyedepo watched as his church members assaulted OGTV crew – Ogun gov’t

For the second time, some members of the Living Faith Church Worldwide, better known as Winners Chapel have attacked another set of officials of Ogun State Government. A reporter and…

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Give (not) unto Caesar: Church workers reportedly beat, detain Ogun gov’t officials over N2 million tax

File photo Pandemonium broke out in Ota, in Ado-Odo-Ota Local Government Area of Ogun state  when some Church workers allegedly beat and detained  five  officials of the state Internal Revenue…

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Tax fraud: Former Super Eagles player, Taiye Taiwo to lose €600,000 Marseilles mansion

by Rachel Ogbu Photo: milantropia Former Super Eagles player Taiye Taiwo has been indicted for tax fraud in France, new reports say. The ex-Nigeria international star who recently joined Turkish…

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We have resolved to prosecute tax defaulters – Fashola

The Lagos State government has said it needs more tax revenues to provide for and sustain the fast rising population of the state. The governor of the state, Mr. Babatunde…

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Clampdown: Lagos sues 238 firms, reports 14,000 others to the police for tax evasion

No fewer than 238 court cases had been filed against companies and individuals by the Lagos State Government for defaulting in paying taxes in the state. The government added that…

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Ugodre Talks Figures: How to efficiently use taxation to boost profits

by Ugodre Obi-Chukwu They both used equity to finance their business and no debts yet his brother made more money than he did. Two brothers were given an equal share…

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Jimoh Ibrahim’s statement is a ‘litany of lies’ – Ray Ekpu and others

Jimoh Ibrahim by Isi Esene The spat between billionaire businessman, Barrister Jimoh Ibrahim and the founding management board of Newswatch Magazine continued yesterday with the former owners, Ray Ekpu, Dan…

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Ugodre Talks Figures: Why you could pay tax for using your computer to stream videos

So if computer screens can basically do the same thing TV screens do, can they now be taxed?? In Nigeria as is most countries in the world, people are mandated…

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“Most of the social critics do not pay tax” – Jonathan charges as he launches new policy

by Lekan Olanrewaju "...most of the social critics who come on television, radio and write in the paper don’t pay tax." -President Goodluck Jonathan. President Goodluck Jonathan on Thursday launched a new…

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Ugodre Talks Figures: How to avoid taxes in Nigeria

by Ugodre You know what they say; tax is the only constant thing in life along with rain. The Nigerian tax law provides several means by which one can avoid…

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Opinion: Tax ’em all!

by Lucas Togan What is this entire hullabaloo about Bishop David Oyedepo launching an airline? If Christians don't make exploits as such on earth who should? How are you supposed…

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