Nigeria to sign agreement establishing the African Continental Free Trade Area

The Federal Government of Nigeria has indicated its intent to sign the agreement establishing the African Continental Free Trade Area (AfCFTA) at the 12th Extraordinary Summit of the African Union slated for 7 July 2019.

2019 Federal Budget Signed into law

Federal Government of Nigeria’s 2019 Budget signed into law

President Muhammadu Buhari has signed the 2019 budget of the Federal Government of Nigeria into law. The Budget, which was signed on Monday, 27 May 2019, puts total spending for 2019 at ₦8.92 trillion.

Federal Government releases 2016 Fiscal Policy Measures

Federal Executive Council approves new import levy

The Federal Executive Council (FEC) has approved a new 0.2% import levy on eligible imports from African Union (AU) Member States.

Nigeria’s President declines assent to National Housing Fund Bill, 2018

President Muhammadu Buhari has declined assent to the National Housing Fund (NHF) Bill, 2018 (the Bill) which was recently passed by the National Assembly.

Court bars local government councils from creating new taxes and levies

A High Court of the Federal Capital Territory on Monday, 14 January 2019 ruled that Local Government Area Councils in the Federal Capital Territory lack authority to impose taxes and levies that are outside the purview of the Constitution of the Federal Republic Of Nigeria and Taxes and Levies (Approved List for Collection) Act (TALC)

Nigeria issues Executive Order on Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme

The Order enables private companies to build federal roads in Nigeria and be rewarded with tax credits in return

Deadline for filing of annual employers tax returns (Form H1)

Under the Personal Income Tax Act, every employer is statutorily required to submit employers’ tax returns (Form H1) with the relevant tax authority of all emoluments paid to its employees in the preceding year.

Career opportunities for Public Health Professionals

As part of the mandate received from The Global Fund (TGF) – a partnership organization designed to accelerate the end of AIDS, tuberculosis and malaria as epidemics, The National Tuberculosis and Leprosy Control Programme (NTBLCP) seeks to recruit suitable, qualified and experienced public health professionals for The National Tuberculosis and Leprosy Control Programme (NTBLCP) which was established by the Government of Nigeria to coordinate tuberculosis and leprosy control efforts in Nigeria.

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Federal Government of Nigeria’s 2019 Budget of Continuity

President Muhammadu Buhari provided a sneak peek into Nigeria’s fiscal direction for 2019 on Wednesday, 19 December 2018, as he presented the 2019 Budget of the Federal Government of Nigeria (FGN) to the joint session of the National Assembly. The FGN’s 2019 Budget is intended to continue Nigeria’s quest for inclusive growth, economic diversification and sustainable development.

Taxing Nigeria’s Fledgling Economy: Between Tax Penetration and Economic Recovery

Nigeria has rolled out another tax amnesty scheme.  Backed by Presidential Executive Order No 8 signed on 8 October 2018, Voluntary Offshore Assets Regularization Scheme (VOARS) became the latest effort at combating money laundering and tax evasion.