The federal government has disclosed that the Nigerian National Petroleum Corporation Limited (NNPCL) will commence the sale of crude oil in Naira with 385,000 barrels per day, to Dangote Refinery from October 1, 2024. The Presidential Committee on the Sale of Crude Oil and Refined Product disclosed this on Friday while confirming that the lifting…
The Nigerian Government has said the Student Loan Scheme would be funded through the Education Tax Fund, under the Federal Inland Revenue Service, FIRS. FIRS Chairman, Zacch Adedeji revealed this on Monday while briefing State House Correspondents alongside the Executive Secretary of the Board, Dr Akintunde Sawyerr, at the Presidential Villa, in Abuja. According to…
The acting chairman of the Federal Inland Revenue Service, Zacch Adedeji, has allayed fears being expressed by corporate organisations that the resolve of FIRS to increase the country’s tax-to-GDP ratio to 18 per cent from 10.86 will lead to an increase in taxes. Adedeji said such resolve would not necessarily lead to an increase in…