FG Bans Cash  Collection Of  Tax, Mounting Of Roadblocks For Revenue  Collection

LAGOS MARCH 27TH (NEWSRANGERS)-The Federal Government on Tuesday formally prohibited cash collection of taxes and banned the mounting of roadblocks for revenue enforcement as part of fresh regulations to implement new tax laws. The Executive Secretary of the Joint Revenue Board, Mr Olusegun Adesokan, stated this during the signing of the Presumptive Tax Regulations and…

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Nigeria’s Refineries Face Mounting Calls For Privatization Amid $3bn In Repair Failures

LAGOS JULY 4TH (NEWSRANGERS)-Nigeria’s state-owned refineries in Port Harcourt, Warri, and Kaduna face mounting calls for privatization as stakeholders criticize their persistent underperformance despite billions in investments. The Manufacturers Association of Nigeria (MAN) and oil marketers argue the facilities are a drain on the economy, prompting proposals to sell them to private investors or as…

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