Tax Now Highest Revenue Source To Federation – FG
The Federal Government has tasked tax professionals with putting more effort to increase tax collection, emphasising that this is now the federation's largest source of income.
This was revealed by Accountant-General of the Federation, Oluwatoyin Madein on Tuesday during the 26th Annual Tax Conference of the Chartered Institute of Taxation of Nigeria in Abuja, which had as its theme: Sustainable Tax Culture and Economic Roadmap for Nation Building.
The government pointed out that based on the current high revenue from taxes, members...
LCCI urges CBN to halt interest rate hikes, cites inflationary concerns
The Lagos Chamber of Commerce and Industry has urged the Central Bank of Nigeria to suspend interest rate hikes as a measure to alleviate...
SERAP Gives Tinubu 48 Hours To Withdraw CBN Directive On Cybersecurity Levy
In an urgent Appeal to President Bola Tinubu, the Socio-Economic Rights and Accountability Project (SERAP) has urged the president to use his “good offices”...
Our Interventions Have Produced Encouraging Outcomes – Cardoso
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says “strategic interventions” of the apex bank have produced encouraging outcomes.He said, “Banks are...
Tax Reform Panel Recommends N800/$ Rate For Customs Duties
The Presidential Committee on Fiscal Policy and Tax Reforms has recommended that the federal government adopt an exchange rate of N800 per one US...
Oil sector: I’ll reveal the truth when time comes – Kyari
The Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has said he will reveal the truth about the company’s...
12.5kg cooking gas price may hit N18,000 December
Gas retailers have warned that the price of 12.5kg cooking gas may hit N18,000 by December if the Federal Government does not restrict the...
Remove Petrol, Electricity Subsidies After Taming Inflation, IMF Tells FG
The International Monetary Fund (IMF) has urged the Federal Government to remove the fuel and electricity subsidies when the rising inflation has been addressed.
The...
Reps Canvass Support For BOI, Banking Reforms
The House of Representatives Committee on Industry says it is pushing policy reforms and increased budgetary allocations for financial support across various critical sectors,...
Tinubu: Nigeria would export food by using Mechanized Farming.
President Bola Tinubu, on Sunday, said his administration was keen to make Nigeria self-sufficient in food production and become a net exporter of agricultural...
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