The Minister for Finance and Coordinating Minister of the Economy, Wale Edun, revealed this position on Tuesday in Abuja.
Browsing: TAXES
The predicament of the country cannot be separated from the current leadership; the President Bola Ahmed Tinubu-led administration
The Federal Government FG said it has no plans to increase taxes or add to the burdens of the country’s tax paying citizens.
“We wish to reiterate that by law, only items imported by the President, Commander in Chief of the Federal Republic of Nigeria, are exempted from the payment of duties or taxes”, the statement said.
Also sealed off ware the company’s Kawo Area Office, NDA Bus Stop, Unguwan Dosa Service Centre, Kawo Service Centre and other offices located at Asikolaye and Turn Wada in Kaduna metropolis.
The younger Biden’s business dealings abroad provided fodder for the Trump campaign this year.
Mark Okoye, the State Commissioner for Economic Planning and Budget, made the disclosure at a news conference tagged: “2020 Budget Breakdown” on Thursday in Awka.
Sanwo-Olu gave the advice on Tuesday while answering questions on the “The Platform Nigeria”, an event organised by The Covenant Christian Church Place, Iganmu, Lagos, with the theme: “Re- designing the Nigerian Economy with new ideas”.
The tax measures announced in this year’s budget presented in parliament last month by the Treasury raise prices of kerosene, mobile money use, bottled water, chocolate and banking charges, among others.
They have also asked for greater engagement and consultation by government on tax issues while charging tax officials to be more humane and eschew undue harassment of their members in the process of collection.
The bill is for an act to abrogate the legislative powers delegated to the executive, administrative, judicial and other offices, officers, agencies and authorities for the determination, imposition, increase, cancellation, withdrawal or reduction of taxes, duties, tariffs and fees
The governor reiterated his administration’s commitment to provide basic socio-economic infrastructure development to enhance the actualization of the “Delta Beyond Oil” initiative