Tax Archives

Experts laud suspension of proposed excise duties hike

Tax, fiscal policy, and economics experts have hailed the Federal Government for suspending the proposed increases in excise duty rates on tobacco, alcoholic and non-alcoholic beverages. According to The Nation, the increases were to be part of the 2023 Fiscal Policy Measures and Tariff Amendments. Renowned expert in tax and fiscal policy and the Head […]

oamudipepdnlimited-com
23rd December 2022
2 Comments
347 Views

News

Anambra residents decry Soludo’s tax scheme

The governor of Anambra State, Prof. Chukwuma Soludo, has once more become the subject of intensive scrutiny following his tax schemes. There was commotion last Friday at Kings Planet International School as armed security personnel entered the building under the guise of demanding tax payment, Daily Post reported. Additionally, Awka food vendors have criticized the […]

jonuorahpdnlimited-com
11th November 2022
3 Comments
264 Views

Business

SMEs lament multiple taxes, poor power supply

Stakeholders in the Small and Medium-Scale Enterprises segment of the economy have lamented that lack of adequate power supply and multiple taxes are major issues strangling the growth of SMEs in Nigeria. The stakeholders identified SMEs as key drivers of the economy in Nigeria while calling on the government to do more in areas of […]

aadelekepdnlimited-com
24th October 2022
0 Comments
597 Views

Economy

How more taxes’ll reduce debt load – FG

The Federal Government said the collection of more taxes and is diversion to the right fiscal sectors of the economy will help curtail excessive external borrowing and lessen the high debt burden in Nigeria. According to The Punch, the Minister of Finance, Budget and National Planning, Zainab Ahmed, said this at a tax expenditure workshop […]

sadeniyipdnlimited-com
19th October 2022
2 Comments
428 Views

Economy

High taxes weaken consumer spending, experts tell FG

Economists have warned that high tax burden on Nigerians will shrink consumer wallets and exacerbate an already high cost of living for Nigerians. The warning follows recent rate hikes in the services industry attributed to high tax imposition by governments at various levels. On March 22, Pay TV company, Multichoice, announced new rates for its […]

agencyreport
17th June 2022
0 Comments
324 Views

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Tag: Tax

Experts laud suspension of proposed excise duties hike

Anambra residents decry Soludo’s tax scheme

SMEs lament multiple taxes, poor power supply

How more taxes’ll reduce debt load – FG

High taxes weaken consumer spending, experts tell FG

Google pulls AI satellite image tool over misinformation.

Financial repression hits decades-high levels globally, IMF warns

EU to hold emergency border talks as 50,000.

WTO ranks Africa second in global export growth.

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