Category Archives: StàndbyNetworkTv

FIRS: NATIONWIDE MONITORING ON TAX COMPLIANCE COMMENCES JULY Visits to include MDAs, NGOs, other corporate bodies… The Federal Inland Revenue Service (FIRS) has stated that it would embark on a nationwide Value Added Tax (VAT) and Withholding Tax (WHT) compliance exercise from July, 2022. This information is contained in a public notice announcing the complianceContinue reading “FIRS: NATIONWIDE MONITORING ON TAX COMPLIANCE COMMENCES JULY”

N6trn tax collection: MPAN lauds FIRS, top 20 tax compliance companies The Multimedia Publishers Association of Nigeria (MPAN), has commended the performance of the Federal Inland Revenue Services (FIRS). Gambo Jagindi, National Chairman of MPAN, gave the commendation in a statement on Friday, in Abuja. Jagindi said the FIRS, under the leadership of Muhammad Nami,Continue reading “N6trn tax collection: MPAN lauds FIRS, top 20 tax compliance companies”

FIRS To COMMENCE RECOVERY Of UNREMITTED TAX DEDUCTIONS BY STATES, LOCAL GOVERNMENTS The Federal Inland Revenue Service (FIRS) has stated that it will commence the process of enforcement and recovery of unremitted tax deductions owed by some States and Local Governments in Nigeria. This decision is contained in a Public Notice, signed by its ExecutiveContinue reading “FIRS To COMMENCE RECOVERY Of UNREMITTED TAX DEDUCTIONS BY STATES, LOCAL GOVERNMENTS”

UMO ENO’S TENURE AS GOVERNOR WOULD REINFORCE PEACE AND PROSPERITY IN AKWA IBOM STATE – Dr Umanah ~ Ubong Itama Pastor Umo Bassey Eno, the leading gubernatorial aspirant of the Peoples Democratic Party in Akwa Ibom State has been described a denominator of peace and prosperity, by Dr Uwemedimoh Umanah. Dr Umanah, the spokesperson forContinue reading “UMO ENO’S TENURE AS GOVERNOR WOULD REINFORCE PEACE AND PROSPERITY IN AKWA IBOM STATE – Dr Umanah”

HOPE SURGES IN A’IBOM FOR MORE EXCELLENT LEADERS AS PDP END SENATORIAL DISTRICT ELECTIVE CONGRESSES … It’s Time to Unite for Greater Progress – Party Electoral C’mttee Chair, Ayo-Odugbesan urges Hope has surged for the emergence of more conscientious and excellent leaders in Akwa Ibom State through the polls following the widely commended conduct ofContinue reading “HOPE SURGES IN A’IBOM FOR MORE EXCELLENT LEADERS AS PDP END SENATORIAL DISTRICT ELECTIVE CONGRESSES”

Nigeria’s cautious approach to the endorsement of the Organization for Economic Cooperation and Development (OECD)/ G20 Inclusive Framework two-pillar solution to the taxation of the digital economy is in the best interest of the country, and to ensure that Nigeria does not lose out on potential revenue from the digital economy. This was explained inContinue reading “Nigeria Did Not Endorse The OECD Minimum Corporate Tax Agreement In The Country’s Best Interest – FIRS”

By Mahmud Jega There has been a silent change of baton at the cash inflow pipeline into the Federation Account, the proverbial national cake. For decades the Nigeria National Petroleum Corporation [NNPC] held sway as the top national cash cow. Since last year, the oil giant’s contribution to the Federation Account has dwindled to zero,Continue reading “FIRS, The New Number One Cash Cow”

CITN 24th Annual Tax Conference: Vice President Yemi Osinbajo Drums Support For FIRS Digitisation Agenda The Chartered Institute of Taxation of Nigeria (CITN) has been urged to support the Federal Inland Revenue Service (FIRS) in its drive towards full digitalisation of tax administrative processes. Vice President Yemi Osinbajo SAN made this call in his speechContinue reading “CITN 24th Annual Tax Conference: Vice President Yemi Osinbajo Drums Support For FIRS Digitisation Agenda”

Ekong Sampson: Best Man for Eket Senate Seat Eket Senatorial District deserves a Senator in the mould of Rt Hon.(Barr.) Ekong Sampson. He is a man with the right personality, political disposition and qualifications for the top job. It was no surprising when Chief Nduese Essien, Leader of Eket Senatorial District Elders Forum described Barr.Continue reading “Ekong Sampson: Best Man for Eket Senate Seat”