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Tag Archives: taxation

“This is why business firms are moving out of Abuja”

According to Jide Babalola of The Nation, business firms are moving out of Abuja, but if the authorities can reduce the taxes, and boost power supply and security, among other measures, investors will reconsider their stance. Unnecessary friction between government agencies, corruption and multiple taxation by Federal Capital Territory (FCT) agencies are major reasons why Nigerian and international investors and ...

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Lagos and stakeholders move to harmonise tax collection system

Lagos and stakeholders move to harmonise tax collection system

“The Lagos State Government is brainstorming with stakeholders in the business environment to harmonise tax collection system in a bid to nip multiple taxation in the bud.”- PM News Issues, such as multiplicity of taxes, rates, illegal levies, harassment of citizens by revenue officers, especially by local governments, among others were brought to the front burner for discuss. Commissioner for ...

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“FG has not folded its hands on multiplicity of taxes”- Prof Teju Somorin

"FG has not folded its hands on multiplicity of taxes"- Prof Teju Somorin

Correspondent of Nigeria Real Estate Hub, Esther Adeniyi, had an interview with Professor Teju Somorin, immediate past President of Chartered Institute of Taxation of Nigeria, (CITN) on taxation, and multiplicity of taxes, policy reversals, tax evasion and the role of the government. Below are excerpts from the interview session. NREH: Would you please introduce yourself ma? Prof. Teju: I am Professor Teju Somorin. Until the ...

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