The federal government has announced the suspension of duties, tariffs, and taxes on the importation of maize, husked brown rice, and wheat. Eko Hot Blog reports that this suspension also applies to cowpeas, making these goods cheaper to import. In a statement issued on Monday by Abubakar Kyari, minister of agriculture and food security, the … Read more
FIRS recently posted an Easter message on social media, saying Jesus paid debts, not taxes. Although the service quickly deleted the post, the action spurred criticisms. CAN demanded an apology from FIRS. Eko Hot Blog reports that the Federal Inland Revenue Service (FIRS) has apologised to Christians over its Easter message that many considered as … Read more
EKO HOT BLOG reports that the Lagos State Governor, Mr. Babajide Sanwo-Olu and his predecessor in office, Mr. Babatunde Fashola (SAN) have stressed the need for urgent sacrifices to alleviate the current hardship caused by the economic downturn rocking the country. The duo spoke during the 18th edition of the state Executive and Legislative Parley organized … Read more
Eko Hot Blog reports that the Minister of Women Affairs, Uju Kennedy-Ohanenye, has advocated for the cancelation of tax payments by Nigerian women. She made the case at the 4th Annual Forum of the Women, Peace, and Security Sector Reference Group 2023 in Abuja. Kennedy-Ohanenye, who noted the importance of empowering women to enhance their … Read more
The Lagos House of Assembly passed a budget of N1.768 trillion for the state on December 12, 2022. The budget, which covers the 2023 fiscal year, has a capital expenditure of N1.019 trillion, representing 58 per cent of the 2023 budget. The recurrent expenditure, representing 42 per cent, is N748 billion. Eko Hot Blog reports … Read more
Anambra govt has sealed 24 banks, hotels over taxes, levies EKO HOT BLOG reports that Anambra State Government has sealed off no fewer than 25 banks and hotels operating within the state capital, Awka, for failure to pay their taxes and levies to the state. The facilities were sealed by the Anambra State … Read more
He sold off 10.3 million of the shares he acquired thoughout the process to cover his tax withholding requirements EKO HOT BLOG reports that Elon Musk appears to have wrapped up a busy year of trading his Tesla shares Tuesday. He’ll end up with one of the largest tax bills in history to show for … Read more
– UN official,Leilana Fartha advised FG to impose taxes on vacant houses – Most residents in Nigeria’s ballooning informal settlements live without access to even the most basic services – There is an estimated housing shortage of 22 million units UN Special rapporteur on the rights to adequate housing, Leilana Fartha has urged the … Read more