•Taiwo Oyedele The federal government has approved a simplified and business-friendly withholding tax regime, according to Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee. The new regime aims to address challenges with the existing withholding tax system, which was introduced in 1977 to curb tax evasion and ...
•JAMB registrar, Prof Ishaq Oloyede The Joint Admissions and Matriculations Board, JAMB, has opposed the federal government’s automated deduction of funds accruing to it from the registration fees paid by candidates sitting for the Unified Tertiary Matriculations Examination, UTME. This came as JAMB denied report that it increased its 2024 UTM...
•AGF Oluwatoyin Madein The federal government has commenced the implementation of an automatic 40 per cent deduction of Internally Generated Revenues of Federal Universities and other partially funded institutions across the country. The auto-deduction policy of gross IGR is in line with the Finance Circular with reference number FMFBNP/OTHERS...

