Tax

FG Bans Roadblocks For Tax Collection The Federal Government has banned the use of roadblocks for collecting taxes and levies across the country. The directive prohibits any agency or task force from mounting checkpoints to demand…
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Lagos Enforces Tax On Betting Gains The Lagos State Government has directed licensed betting firms to begin deducting five per cent from players’ winnings before payment. The order takes effect immediately and applies to all…
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Nigerian banks will begin enforcing a new tax rule from January 1, 2026, as customers with foreign currency accounts prepare for changes to how their interest earnings are handled. The policy will affect individuals and businesses who…
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The Economic and Financial Crimes Commission (EFCC) has reportedly confiscated the passport of a popular socialite and businessman, Obinna Iyiegbu, aka Obi Cubana, who was arrested on Monday for alleged money laundering and tax fraud. It…
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In a bid to stimulate investment and boost activities in the maritime industry, amid the downturn induced by COVID-19, the Federal Ministry of Transportation is seeking a package of tax incentives for the sector. Director-General of the…
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The amount, he said, represented the outstanding liabilities of PAYE by the federal MDAs to state governments from 2002 to 2016.
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We do not understand the logic of Government or EKSU administration and its attempt to commence on implementation of a prohibitive tax regime, even when they are still owing us various sums of money including salaries and allowances, Excess…
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Internal Memo from the Office of the Bursar with reference number BUR/CB/VOL. 1/002/080, dated September 17, 2019 and signed by A. I. Titiloye-Owolabi, stated that; "Please, the Council at its 131st meeting held on Monday, 11th and…
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Titled; "RE: Budgeted FIRS Collections and actual collections" and personally signed by the Chief of Staff, the query, a copy of which was made available to WazobiaReporters miffed at the poor revenue collections between 2015 and 2018.
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