Opinion

The Mad Scramble For Money By the Nigerian Government, By ‘Tope Fasua

...the government needs more money, and the people must pay. Stamp duty is the new darling – the best extortion instrument resurrected by the Buhari government and it is being honed for more brutal effectiveness on a daily basis, to the extent that different agencies are fighting for the weapon.…
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Opinion

The Burden of Leadership At FIRS, By Abdullahi Ismaila Ahmad

...despite the pandemic and its economic consequences, the FIRS management, ably led by Mr. Nami, was able to post an impressive Q1 performance by achieving an increment of 15 per cent over the corresponding period in 2019, to the delight of all. This is a clear indication that the eggheads…
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Opinion

Do Nigerians Really Hate Tax?, By Kenneth Amaeshi, Bongo Adi & Godson Ikiebey

...government accountability is paramount to building trust. How taxpayers perceive public accountability in the utilisation of taxes influences their tax compliance perception. Tax authorities – FIRS – should pay attention to this, as it would help them develop appropriate strategies to improve transparency and public accountability in the use of…
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Columns

Story of the Vanishing Loaf: How To Kill a Local Company, By Azu Ishiekwene

...GE is saying, among many other tongue-in-cheek things it has said over the years, that it has handed over the liability in the dispute with Arco to one Baker Hughes, a so-called successor company unknown to the original contract. That was after it said it was unwilling to reopen the…
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Columns

‘Zacchaeus’ and the Perils of a Tax Collector, By Azu Ishiekwene

Whichever way the government decides, the peddling of the long knives that started with Zacchaeus in Jericho won’t end with Fowler. But the government’s answer will send an important message about how serious the government is with its reforms. When the tenure of a chief executive is coming to an…
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Opinion

Communications Service Tax: A Helping Hand Or A Distressing Blow?, By Jayne Augoye

If Senator Ali Ndume is really looking to shield the poor from unfair taxation, would it not be more effective if he backs the VAT, which proposes to charge per cent on luxury items to be majorly borne by the middle class and rich, rather than the CST which would…
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