NCDMB has called on oil and gas companies to set aside a percentage of their annual budget to fund research and development.
A new Oxfam report has revealed the revenue-generation potentials associated with imposing a wealth tax on the wealthy in Nigeria.
Those who spray or step on the naira, especially at social gatherings, are liable to six months imprisonment or a fine of N50,000.
Oyo State Hoteliers Association of Nigeria has kicked against the consumption tax introduced by Governor Seyi Makinde’s government in May.
The House of Representatives has summoned officials of the Ministry of Trade and Investment over alleged N2.6 trillion capital allowances.
Justice Bolaji Olajuwon, in a judgment, said the suit instituted by the company and its general manager Olusegun Olaleye lacked merit.
Seventy-seven oil and gas companies operating in Nigeria have debt obligations of N2.6 trillion to the federal government.
Despite paying N7 million ransom to secure his release, bandits have murdered Shila Ojebola, a Federal Inland Revenue Service (FIRS) staff.
FIRS had objected the joining of Lagos in the suit it filed against Rivers government on VAT collection.
Governor David Umahi of Ebonyi says criminals, including kidnappers and cultists, have hijacked IPOB’s agitation for an independent State of Biafra.
