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Stakeholders in the housing sector have called for reforms like property tax to address the growing issue of unoccupied houses, and tax relief to encourage developers to build more houses. News Agency of Nigeria reported on Monday that the stakeholders made their position known at the 6th Edition of the African Housing Awards organised by the Housing Development Advocacy Network in Abuja. They said that the reforms would aid in […]
The Secretary to the Government of the Federation, Senator George Akume, has dismissed claims that the northerners were against the proposed Tax Reform Bills. He said he had consulted senior citizens, leaders and religious leaders from the region who expressed their supports for the bills. The bills, including the Joint Revenue Board of Nigeria (Establishment) Bill, 2024, the Nigeria Revenue Service (Establishment) Bill, 2024, and the Nigeria Tax Bill, 2024, […]
Telecommunication companies paid N2.4tn tax to the Nigerian government in 2023, despite struggling to attract investments, a digital economy report from the Groupe Special Mobile Association According to the report, the sector generated about N33tn, representing 13.5 per cent of the country’s gross domestic product. It highlighted the importance of the telecommunications sector to Nigeria’s economy, with the potential for even greater growth and development in the next 3–5 years. “The […]
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