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OPay has announced a new charge on electronic transfers into personal and business accounts in compliance with Federal Inland Revenue Service regulations. Starting September 9, 2024, a one-time fee of N50 will be applied to transfers of N10,000 and above. In a notice to its customers on Saturday, OPay stated, “Dear valued customers, please be informed
In a bid to accumulate tax returns, Bola Ahmed Tinubu has issued a directive mandating all self-funded agencies, including the Nigeria Civil Aviation Authority (NCAA), to remit 50% of their revenue to the Federal Government. This directive challenges the autonomy of the NCAA and violates the Civil Aviation Act that established it as a self-sufficient entity, which
The Registrar General of Corporate Affairs Commission (CAC), Hussaini Ishaq Magaji, disclosed on February 13, that social media content creators,a Instagram users with larger followers & TikTok users will soon be forced to register as businesses so they can start paying taxes to the government. The RG disclosed this during a visit by the managing
Nollywood actress and entrepreneur, Iyabo Ojo has reacted to the Lagos State Government and the governor of the state, Babajide Sanwo-Olu over an alleged ₦18 million tax request. Iyabo, in an Instagram post on Monday, shared documents of a personal income tax letter and expressed her frustration with the exorbitant amount demanded by the government.
Anambra State Government who recently Met with the Protesting Tricycle Riders, Shuttle Bus Drivers Over Revenue Impasse,Jkcyno news reports. Anambra state government today came up with a reviewed version of the revenue template for the keke and Shuttle, other drivers in the state. See the details below : Anambra State Government Ban All Unions Of
The Dr. Alex Ekwueme Square, Awka played host to a meeting between the Anambra State government today and Tricycle, or Keke, riders and Shuttle Bus Drivers in an effort to settle the revenue impasse. It will be recalled that the state government recently rolled out tax system for commercial transport operators in the state which
ANAMBRA State governor, Professor Chukwuma Soludo has said that the new tax regime being introduced in the state would bring about sanity and accountability in the system. The governor’s explanation came on the heels of protests by trycycle operators over what they described as exorbitant taxes and levies imposed on them by the state government.
Former Anambra State Governor and Peoples Democratic Party, PDP, Vice Presidential Candidate in the 2019 election, Mr Peter Obi, has reacted to a media report that he breached Nigerian laws by engaging in secret businesses set up in tax havens, insisting that he broke no law. An online publication quoting Pandora Papers had listed Obi
Religious organisations such as mosques, churches will now start paying taxes in Lagos.A bill that would review the land use charge in Lagos state has gone through second reading on the floor of the state House of Assembly during plenary on Thursday, December 28. The law tagged: “A Bill for A Law To Repeal
Those with penchant for luxury products may have to have a rethink as they may soon be paying more for their high taste. The federal government plans to impose special taxes on such products, including luxury cars and alcohol. The special taxes are designed to raise more revenue from non-oil sector to