The FIRS boss urged Nigerians to invest in creating entrepreneurship and industrialisation hubs as they hold the “key to unlock the massive economic potentials in the country.”
“By the time we released the 2021 report, any company owing Nigeria will have no choice than to invite EFCC to take over and handle it as an economic crime.”
NMDPRA said it renewed the operation licences of about 85 per cent of the existing 530 petroleum stations in the state.
INEC said it was already collaborating with ICPC to prosecute candidates who submit fake or forged academic credentials.
“We have started by clarifying in the 2021 Finance Act that FIRS is the sole authority to administer tax for the federal government.”
“it does not happen anywhere, so we can’t be borrowing money while some people owe us,” Mrs Onyejeocha said.
NEITI revealed that the number of defaulting companies dropped from 77 in 2019 to 51 in 2020.
Of the VAT, federal government got N28.111 billion, states N93.705 billion and LGCs N65.593billion.
The Senate President said the upper chamber will work with revenue-generating agencies “to have more revenues in order to reduce the level of borrowing.”
