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Resign if you can't honour our invitation, reps panel tells FIRS boss

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The committee is investigating dwindling revenue of the federal government as reported by office of the auditor-general of the federation.
Nami was invited to explain the circumstances surrounding the non-payment of taxes by Indorama Petrochemical, Indorama Fertilizer and Petrochemical Ltd all foreign firms and OIS Indorama, Eleme, Port Harcourt.
He, however, failed to appear on Wednesday, and sent a representative instead.
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Oluwole Oke, chairman of the committee, ruled that Nami must appear before the lawmakers on Thursday, otherwise the panel will invoke its constitutional power.
There has been concern over poor payment of taxes to the federal government causing it to lose huge revenue monthly. ....

Port Harcourt , Mohammed Nami , Muhammadu Buhari , Abdullahi Abdulkadir , Revenue Services , Petrochemical Ltd , Federal Inland Revenue Services , Indorama Petrochemical , Indorama Fertilizer , President Muhammadu Buhari , போர்த் ஹர்கார்ட் , முகமது நமி , வருவாய் சேவைகள் , பெட்ரோ கெமிக்கல் லிமிடெட் , கூட்டாட்சியின் உள்நாட்டு வருவாய் சேவைகள் , இந்தோரமா பெட்ரோ கெமிக்கல் , இந்தோரமா உரம் ,

Zainab Ahmed: Government will provide fiscal relief to attract more taxpayers

Zainab Ahmed: Government will provide fiscal relief to attract more taxpayers
thecable.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thecable.ng Daily Mail and Mail on Sunday newspapers.

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FG Turned Down Govs' Request to Borrow N50bn from CBN, Says Ahmed

By Chuks Okocha, Ndubuisi Francis and Alex Enumah in Abuja
Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, yesterday narrated how the federal government rejected a request by governors to borrow N50 billion from the Central Bank of Nigeria (CBN) to augment the revenue shortfall in March for distribution by the Federation Account Allocation Committee (FAAC).
The minister, who featured on a National Television Authority (NTA) programme, monitored in Abuja, said that was why the federal government found claims by Edo State Governor, Mr. Godwin Obaseki, that it printed N60 billion to augment funds shared to states in March as shocking. ....

France General , Abuja Federal Capital Territory , City Of , United Kingdom , Edo State , Federal Republic Of Nigeria , Mohammad Nami , Ndubuisi Francis , Asishana Okauru , Godwin Obaseki , Ted Iseghone Edwards , Chuks Okocha , Ted Edwards , Zainab Ahmed , Ted Iseghoni Edwards , Ikechukwu Ezechukwu , Alex Enumah , Femi Falana , Revenue Service , London Club Debt Exit Payment , International Ltd , Federation Account Allocation Committee , National Television Authority , Central Bank , National Planning , Association Of Local Governments Nigeria ,

FIRS calls for adoption of technology in tax processes to block revenue leakages

FIRS calls for adoption of technology in tax processes to block revenue leakages
thecable.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thecable.ng Daily Mail and Mail on Sunday newspapers.

Abuja Federal Capital Territory , Hamman Abubakar , Asishana Okauru , Mohammed Nami , Revenue Service , Nigeria Governor Forum , World Bank , International Centre For Tax , Technology Tax Event , Federal Inland Revenue Service , Tax Event , International Centre , கூட்டாட்சியின் மூலதனம் பிரதேசம் , முகமது நமி , வருவாய் சேவை , நைஜீரியா கவர்னர் மன்றம் , உலகம் வங்கி , சர்வதேச மையம் க்கு வரி , கூட்டாட்சியின் உள்நாட்டு வருவாய் சேவை , வரி நிகழ்வு , சர்வதேச மையம் ,

States lost 40% revenue to COVID-19 pandemic — NGF

He however, said weak environment for tax policy and tax legitimacy, as well as low technological integration in tax administration, undermined efforts to mobilise domestic revenues and the capacity of tax authorities to collect taxes efficiently.
Okauru said the COVID-19 pandemic has pointed to the direction that all revenue administrations needed to move to a digital future.
“The pathways to achieving tax digitalisation may vary from state to state but the conditions remain the same, including providing broadband access and supporting the growth of digital skills in the wider economy.
“Amidst this transformation, we also recognise risks of data ownership, data protection and cyber security. This each government must envisage. It would require a strong in-house IT team and an experienced legal department that will help protect the interest of all parties, including taxpayers. ....

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