For the second time in about three months, the Rivers State Internal Revenue Service on Tuesday blocked the main entrance to the corporate headquarters of the Niger Delta Development Commission in Port Harcourt over alleged unpaid taxes. The RIRS had said on April 26, 2018 when the premises of the commission was first barricaded that […]
Read More
Out of 70 million taxable adults in Nigeria, only 40 million pay taxes, the Minister of Finance, Mrs. Kemi Adeosun has said. She spoke yesterday at the first annual lecture of the Lagos State Professorial Chair of Tax and Fiscal Matters held at the Ade-Ajayi Auditorium, University of Lagos. Mrs Adeosun who chaired the lecture, […]
Read More The revenue generation potential of 28 states in Nigeria is highly dependent on the Pay As You Earn taxes even with the inability of some state governments to pay salaries regularly. Data from the National Bureau of Statistics showed that PAYE taxes deducted from workers’ salaries had the highest contribution to the states’ internally generated […]
Read More
