The Executive Chairman of Nigeria’s Federal Inland Revenue Service (FIRS), Babatunde Fowler says the current strategy of the current government is to focus on the non-oil sector for revenues. He joins CNBC Africa’s Christy Cole to discuss Nigeria's tax strategy.
Stockbrokers will now charge 5 per cent VAT on transactions on the Nigerian Stock Exchange (NSE) as the five-year Order for Exemption of VAT on all NSE transactions expires. So what are the implications? CNBC Africa’s Christy Cole is joined by Managing Director of Capital Bancorp, Aigboje Higo, partner & West Africa Tax leader at PwC Nigeria, Taiwo Oyedele, Executive Chairman of FIRS, Babatunde Fowler and Chief Equity Analyst of Palesa Capital, Nornah Awoh for more.
At the South-west flag-off ceremony of the Tax Identification Number, Executive Chairman of Nigeria’s Federal Inland Revenue Service (FIRS), Babatunde Fowler says the number will make the tax system convenient, transparent and accountable. He joins CNBC Africa’s Christy Cole for more.
Nigeria's Federal Inland Revenue Service generated over 2 trillion naira in the first half of this year representing 75 percent of its annual target. So what strategies should the agency adopt to tackle the issue of tax evasion in Nigeria; Theophilus Emuwa, Managing Partner at Aelex joins CNBC Africa to discuss this.
FIRS chief Fowler clarifies on the tax instalment payment plan
FIRS unveils new strategy of ensuring tax compliance
FIRS' Babatunde Fowler speaks on solutions to Africa's tax system