Tag: IGR

NBS CODE partner Food prices push inflation rate, Nigeria’s inflation rate rises, NBS, Foundation to develop public sector performance index,Inflation drops by 0.37, Beyond the feel good, Inflation rate slowed, Nami enjoins W/African taxmen to step up revenue mobilization growth Sanya Adejokun - Abuja Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, has asked tax authorities across West Africa step up their efforts towards generating higher tax revenues for their respective countries to accelerate development in the region. Nami who spoke on Thursday at the opening ceremony of the “Regional Seminar on the Problems of Tax Transition in West Africa”, organised by the Steering Committee of Support Program for Tax Transition in West Africa (PATF) said the governments needed enhanced tax revenues to tackle development-related challenges they confront, especially in the areas of “health and security difficulties”. Nami congratulated Member-countries “for the relentless work you have done since January 2020, the date of the effective start of the PATF.” He noted that “since the establishment and effective holding of the first Steering Committee, the execution of the missions in progress has accelerated, making it possible to have results that can be shared by the actors of the Program and the beneficiaries. "Since then, we have come a long way, with results that are certainly mixed, but encouraging and which should encourage us to continue our work.” According to him, areas where the PATF needed to work on to achieve its set objectives include “establishment of the PATF Steering Committee; improving the management of tax expenditures in the region; providing a practical guide for Value Added Tax (VAT) management for West Africa; the creation of a regional methodology guide for the evaluation of tax expenditures; and the establishment of an information system specific to the UEMOA and ECOWAS Commissions.” To achieve these goals, Nami posited that “our countries must have national databases and a regional platform” even as he observed that “this indispensable steering body of our consultation system still lacks vitality, as it does not have institutional and financial guarantees.” He tasked participants “to complete your work as soon as possible, but above all to propose innovative, realistic and feasible recommendations. "Our various governments are facing health and security difficulties; in this context, they greatly need these results.” Also speaking, Director of Fiscal Affairs and Public Finance at WAEMU, Habbas Traoure, said since January 2020, experts have started working to provide technical support for 15 member countries and Mauritania. "Completing the task will help to fight domestic tax evasion and drive revenue mobilisation and fight illicit tax flows. This will help is develop capacity to do well in this area. "We've had study on VAT and the ECOWAS commission is proud of the result achieve so far and this seminar is a prove to show that we are on the right track. This meeting will help us review what has been done and help the actors to brainstorm on the measures to be out in place to addresses issues affecting taxation in the region. On his part, Director of Trade, Customs Union at ECOWAS, Tiemtore Salifou spoke of the imperative for tax authorities in the region to share experiences and move towards moving tax revenue and ensure that international tax standards are implemented, Breweries Beverages boost, Federal School of Statistics graduates charged Inflation, NBS,

States’ IGR hits N324.59bn in Q4, 2018 ― NBS

By S-Davies Wande
Regulate not prohibit cryptocurrency, 30% of Nigeria's electricity, COVID-19, Osinbajo, Everything around us shaken

States must improve their IGR in next few years — Osinbajo

By S-Davies Wande
Developing economies face tougher times Nigeria agro cooperatives group World Bank partner on $500M food security Food, energy price shocks could last for years, trigger stagflation, World Bank warns, Epileptic power supply costs, World Bank , COVID-19, debt relief, COVID-19, World Bank, Nigeria, loan , AGILE, World Bank, Girls, education, Nigeria, India, DR Congo, world's poorest, World bank

Strengthening IGR, critical to increasing non-oil revenue in Nigeria ― World Bank

By S-Davies Wande
john-jonah

Bayelsa IGR hit N1.3bn, plans to sustain progress

By S-Davies Wande

Oyo ETF seeks cooperation of private schools in remitting IGR, fees

By S-Davies Wande
national assembly, oAuGF tasks Senate

Constitutional Amendment: NASS may end up creating more problems ―Don

By S-Davies Wande
account of stewardship

For Nigeria to survive, restructuring is imperative —Dickson

By David Olagunju
Lalong tasks citizens, Niger gov celebrates with NSGF, vaccine harmful Plateau launches health scheme, NURTW, lalong, budget, revised

Plateau govt rakes N5.19bn as IGR in first half of the year

By S-Davies Wande

Conduct IGR drive with decorum or face sanction, Oyo Govt warns LGs, LCDAs

By TribuneWeb

Kwara generates N6.6bn in Q1 of 2017

By S-Davies Wande
APC

Kwara generates N6.6b IGR in 3 months

By S-Davies Wande
Benue revenue staff protest police harassment

Benue revenue staff protest police harassment

By S-Davies Wande

Revenue: Plateau govt takes N2.5bn as Internally Generated Revenue in Q1

By S-Davies Wande
Oyo Assembly lost one, Oyo Assembly fails report, Oyo Assembly

Oyo Assembly tasks MDAs, Internal Revenue board to jack up IGR

By S-Davies Wande
Apapa customs

Customs targets N900bn revenue in 2017

By S-Davies Wande

Ahmed challenges MDAs on IGR

By S-Davies Wande

Ahmed challenges MDAs on IGR

By S-Davies Wande

Stakeholders to contribute to OYSG N107bn IGR proposal

By S-Davies Wande
food security

Oyo collaborates with CITN to improve IGR

By S-Davies Wande
APC, conductor journey

IGR: Are Nigerian states really viable?

By David Olagunju

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