The Centre for the Promotion of Private Enterprise (CPPE) has expressed serious concern about what it described the rushed passage of the 2022 Finance Bill by the National Assembly, noting that the process calls to question the representation role of the Assembly. A statement signed by the Chief Executive Officer (CEO) of the private sector […]
Tag: Companies Income Tax Act
Senate Passes Finance Bill 2020
The Senate on Tuesday passed the Finance Bill 2020 transmitted by the Executive to the National Assembly two weeks ago for consideration and passage. The passage of the bill was sequel to the consideration of a report by the Senate Joint Committee on Finance, Customs, Excise & Tariff, Trade and Investment, and Public Procurement. While […]
Nigeria Targets 80% Revenue Accruals From Non-Oil Sector – Fowler
The Executive Chairman, Federal Inland Revenue Service (FIRS) Mr.Tunde Fowler, has projected that at least 80 percent of federally generated revenues would accrue from the non-oil sector of the economy in the next three years. Fowler, who made the forecast at the Nigeria-Canada Investment Summit in Abuja, disclosed that the non-oil sector’s contribution to the Nigerian […]