The year 2024 was a pivotal one for the Nigerian Senate under the leadership of Godswill Akpabio. Several key events marked the period and shaped both the legislative direction and public perception of the institution. Eko Hot Blog reports that these events not only impacted national policy but also provided a deeper insight into the … Read more
Some federal lawmakers have refuted claims that governors are threatening to deny them re-election tickets in 2027 over their support for President Bola Tinubu’s tax reform bills. This denial follows reports by Deputy Spokesman of the House of Representatives, Philip Agbese, who alleged that certain governors were pressuring lawmakers to withdraw their backing for the … Read more
The Bola Ahmed Tinubu administration is set to withdraw the Tax Reform Bills recently presented to the National Assembly following significant backlash, especially from northern governors and traditional rulers. The opposition is largely centered on changes to the Value Added Tax (VAT) distribution model, which many northern leaders argue would disproportionately impact their region. According … Read more
According to the attorney-general, states that are recognised by the Constitution to collect VAT… The Court of Appeal sitting in Abuja has granted a request by the Lagos State Government, seeking to join Rivers State in the appeal filed by the Federal Inland Revenue Service (FIRS). The FIRS had filed an appeal at the appellate … Read more
Other grounds upon which the application was based include that the decision of the appellate court will affect the collection of VAT by the government of Oyo State… The government of Oyo State has asked the Court of Appeal sitting in Port Harcourt, Rivers State, for joinder in the suit instituted by the Rivers State … Read more
There has been a dispute between the Federal and state governments in the South on the collection and remittance of VAT… Governors of the 19 northern States are meeting in Kaduna State over the controversies on the Value Added Tax (VAT). A Federal High Court in Port Harcourt, Rivers State, had on August 9 issued … Read more
The Value Added Tax (VAT) goes from five per cent to 7.5 per cent following President Muhammadu Buhari’s signing of the 2020 Finance Bill. Ekohotblog recalls Buhari signed the Bill on Monday. But the implementation will be delayed till the new law is gazetted. It is not clear how soon this will be done. The … Read more
The Federal Inland Revenue Service (FIRS) has served a seven-day notice to tax defaulters across the country. The Head, Communications and Servicom Department, Wahab Gbadamosi, made this known in a statement in Abuja on Tuesday. Mr Gbadamosi said the Acting Executive Chairman of FIRS, Abiodun Aina, announced this in a notification letter to taxpayers on … Read more