Nigeria’s president signs amendment to Executive Order on the Voluntary Assets Regularization Scheme (VOARS)
President Muhammadu Buhari on 20 May 2020, signed an amendment to the Executive Order 008 (the Order) on the Voluntary Assets Regularization Scheme (VOARS), 2018.
Nigeria releases new Executive Order to combat money laundering and tax evasion
The Federal Government of Nigeria, on 8 October 2018, signed a new Executive Order 008 (Order) backing the implementation of the Voluntary Offshore Assets Regularisation Scheme (VOARS or the Scheme), aimed at combating money laundering and tax evasion. The Scheme took effect from 8 October 2018 and will cover a period of twelve months.