Tax authorities can debit defaulting tax payers’ accounts, Says Taiwo Oyedele
According to Taiwo Oyedele, this is a last resort. It should only happen after all administrative processes, audits, and court appeals have been fully exhausted.
Category: Business
Read
Eno signs ₦1,584 tn 2026 budget into law
ShareShareTweetPin0 Shares Eno signs ₦1,584 tn 2026 budget into law Akwa Ibom State Government is to spend ₦1,584,271,856,630 in the 2026 fiscal year, and this is official. This emerged yesterday, 5 January 2026, as State Governor Umo Eno signed into law the year’s budget during the enlarged State Executive Council meeting held at the…
Cash revenue collection: FG orders MDAs to deploy only PoS terminals ●Gives 45-day deadline
ShareShareTweetPin0 Shares Cash revenue collection: FG orders MDAs to deploy only PoS terminals ●Gives 45-day deadline ShareShareTweetPin0 Shares
Ubong King Foundation unveils youth empowerment plan, skill development programme
ShareShareTweetPin0 SharesUbong King Foundation unveils youth empowerment plan, skill development programme By Emmanuel Ntekim The Ubong King Foundation, a non-profit organisation committed to youth development across Africa, has announced preparations for its 2026 Thinkation event, themed “Reinvent the Future!”, scheduled to hold in Uyo, Akwa Ibom State. The event, tagged “The Home Coming,” marks…
Several bank charges to stop from Jan. 2026, Oyedele assures
ShareShareTweetPin0 Shares Several bank charges to stop from Jan. 2026, Oyedele assures The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has assured Nigerians that no fewer than five common bank charges will be phased out by next January, as part of the government’s ongoing tax reforms. This assurance is…
FG gazettes new tax laws
ShareShareTweetPin0 SharesFG gazettes new tax laws The Nigerian central government has published its new tax laws in its official gazette, enthroning a new taxation framework on the country. This was made public in a statement signed by the Personal Assistant on Special Duties to the President, Kamorudeen Yusuf, Wednesday. The laws came into effect on…
A’Ibom Govt presents 2025 budget details
ShareShareTweetPin0 Shares•Show ₦300k bn recurrent expenditure, N655k bn capital expenditure By Samuel Abasiekong-Abasiekong The Akwa Ibom State Government on Thursday, January 10, presented the breakdown of its 2025 budget to Akwa Ibom people. The budget breakdown event, which held at Ibom Icon Hotel and Golf Resorts, Uyo, was organised by the Ministry of Finance in…
Eno signs 2025 ₦955bn Appropriation Estimates into law
ShareShareTweetPin0 SharesEno signs 2025 ₦955bn Appropriation Estimates into law ✓₦655bn for capital, ₦300bn for recurrent expenditures Governor Umo Eno has signed the 2025 ₦955billion Akwa Ibom State budget, christened Budget of Consolidation and Expansion. into law. He gave assent to the Appropriation Bill at the State Executive Council Chambers, Government House, Uyo. Speaking shortly…
Christmas: Dangote crashes petrol price to N899.50K per litre
ShareShareTweetPin0 Shares Christmas: Dangote crashes petrol price to N899.50K per litre Dangote Petroleum Refinery says it has cut down the price of its petrol to N899.50K per litre ahead of the Yuletide and New Year festive seasons. The company’s spokesman, Anthony Chiejina, said the price reduction is designed to ease transport costs during the festive…
Lagos-Calabar Highway: Rail Component To Gulp $11.174bn
ShareShareTweetPin0 SharesAs the Lagos-Calabar waterfront street project starts off with the destruction of property to make option to proceed, courses of action have additionally been finished up for the railroad part of the undertaking. Everyday Sun assembled that the rail part of the seaside street will swallow an incredible $11.17 billion, with a six-year cutoff…
- 1
- 2