Browsing Tag
Taxation
22 posts
Taraba Judiciary and Revenue Service Align on Tax Compliance Initiatives
The Taraba State Judiciary and the state's internal revenue service are increasing collaboration to improve tax enforcement, with the Chief Judge promising to deploy mobile courts to support collection efforts.
Nigeria and Hong Kong Finalize Double Taxation Accord to Stimulate Investment
Nigeria and Hong Kong have inked a deal to eliminate double taxation and prevent tax evasion, aiming to bolster bilateral trade and investment.
Kogi State Prohibits Highway Revenue and Haulage Charges
The Kogi State Internal Revenue Service has banned all forms of roadside tax and haulage fee collection to align with new national tax laws and improve the local business environment.
Anambra Launches Tax Amnesty Program for Asset and Income Disclosure
Anambra State has introduced a tax amnesty scheme allowing individuals and businesses to declare undeclared income and assets without facing full penalties until September 5, 2026.
Ogun State tax authorities target non-compliant car dealerships
OGIRS is conducting an enforcement operation in Abeokuta to collect unpaid taxes from car dealerships and ensure strict adherence to state registration laws.
LCCI Seeks Deadline Extension and Penalty Relief Following Rev360 Platform Failures
The Lagos Chamber of Commerce and Industry urges the NRS to extend the June 30 CIT filing deadline and waive penalties following widespread technical issues with the new Rev360 tax portal.
Nigerian Government Denies Intent to Hike Taxes
Minister Taiwo Oyedele confirms that the Nigerian government aims to expand the tax base rather than increase tax rates, emphasizing the need for better compliance.
Tax System Reforms Are Essential for Nigeria’s Prosperity, Says Taiwo Oyedele
Finance Minister Taiwo Oyedele asserts that stabilizing Nigeria’s tax system is vital for growth, focusing on expanding the tax base rather than increasing rates.
Taiwo Oyedele: Nigeria’s Path to Growth Depends on Optimized Tax System
Presidential tax reform lead Taiwo Oyedele and CITN officials discuss how public education and fairness in administration are critical to unlocking Nigeria's development potential through tax reform.
Mahdi Shehu Criticizes Nigerian Government’s Revenue-Driven Tax Policies
Mahdi Shehu argues that the Nigerian government's focus on aggressive revenue generation is worsening economic hardship and undermining long-term national development.