News
KGIRS tasks Assembly on domestication of Nigeria Tax Administration Act
KGIRS tasks Assembly on domestication of Nigeria Tax Administration Act
By our reporter
Kogi State Internal Revenue Services (KGIRS) has called on the State House of Assembly to domesticate the Nigeria Tax Act and Tax Administration Act, for easy implementation in the state.
The Executive Chairman of the Service Dr Salihu Enehe who led his team to the Assembly Complex in Lokoja on an enlightenment campaign said the meeting with the Assembly was quite imperative.
He described the Nigerian Tax Act as a compressed compendium of various tax laws hitherto operating in the country into a single document with a view to addressing issues of multiple taxation and promotion of transparency in tax administration in the country.
He commended President Bola Tinubu for taking the bold step by embarking on the tax reforms to enable harmony in the fiscal ecosystem.
Enehe said that implementation of the new tax laws, scheduled to take effect from January, 2026, would enhance transparency in administration and transactions, investments and proffer measures against tax evasions.
“On 26th of June this year, the President of the Republic of Nigeria signed four laws, and these four laws have caused disruptions going forward into the future, in terms of tax and Administration”.
“With these disruptions come a great opportunity and great threat. A great opportunity for those who are ready and prepared to abide and adhere to the laws but a great threat for those who want to remain in the past and resistant to change.” He stressed.
According to him, the four laws include the Nigeria Tax Act, the Nigeria Tax Administration Act, the Joint Revenue Board Establishment Act, and the Nigeria Revenue Service Establishment Act.
He noted that implementation of the Nigeria Tax Act and the Nigeria Tax Administration Act operational at states level would be fair to low income earners, reduction for middle level and tough on high income earners.
The Executive Chairman pointed out that under the new tax laws, which would be operational from January, 2026, people earning gross annual income of less than N1.3 million would be exempted from tax while middle level earners of between N1.3 million and N3 million would have their taxes reduced.
He further explained that higher gross annual income above N3 million, would attract higher taxes meaning that “Big men” and business organisations would pay more.
A Consultant with the KGIRS, Barrister Henry Ojuola in his remark, urged the House not to bother with making new laws on the matter even though the Acts provides that they could domesticate by enacting and implementing.
Barrister Ojuola, a former member of the Assembly however advised the Assembly and the Service to rely on the Acts in their implementation adding that Chapter 5 of the Tax Administration Act has specified many offences as well as punishments for the Tax Tribunal to handle.
He advised the house to “Ensure your Tax Tribunal is effective by ensuring that Unpurchaseable persons” are members adding that the people you send to collect taxes are not dishonest Nigerians’, the legal Practitioner advised.
In his closing remarks, Chairman of the House standing Committee on Finance, Hon. Akus Lawal appreciate the KGIRS Chairman and his team for initiating the engagement.
The Lawmaker expressed optimism that in no time Kogi would be rated as the number three state among the 19 Northern states after Kano, Kaduna, Kogi State and the number one in North-Central in terms of Internally Generated Revenue drive.
Hon. Lawal, representing Ankpa I Constituency, said the legislators were now better informed on the issue of revenue and tax administration in Nigeria and are looking forward to receiving the tax laws to “do the needful”
KGIRS tasks Assembly on domestication of Nigeria Tax Administration Act
News
Armed robbery foiled by Bauchi Police, three suspects arrested in Bauchi
Armed robbery foiled by Bauchi Police, three suspects arrested in Bauchi
By: Zagazola Makama
Three persons were arrested following a foiled armed robbery along the Bauchi–Gombe Federal Highway in Kirfi Local Government Area of Bauchi State on Jan. 26.
Sources said the incident occurred at about 12:16 a.m. when armed robbers blocked the road near Kalajanga Hamlet via Bara Village.
Officers on routine patrol responded promptly, engaging the hoodlums and forcing them to abandon their operation and flee into the surrounding bush.
The trail of the robbers led authorities to the house of one Nasiru Ibrahim of Saddiya Hamlet, where two of his children, Isya Nasiru, 20, and Umar Nasiru, 18, were also arrested in connection with the case.
Recovered items included two sticks, a touch light, three bags, a local bullet-proof shirt, face masks, two pairs of shoes, an Oppo android phone, and several local charms.
Sources say Investigations are ongoing.
Armed robbery foiled by Bauchi Police, three suspects arrested in Bauchi
News
Four killed, 15 injured in lone motor accident on Ibadan–Oyo Expressway
Four killed, 15 injured in lone motor accident on Ibadan–Oyo Expressway
By: Zagazola Makama
Four people were killed and fifteen others injured in a lone motor accident involving a Glynlyon truck along the Ibadan–Oyo Expressway on Jan. 26.
Sources said the truck, with registration number LSD 221 YM, was coming from Kebbi State to Ogun State, carrying rocky stones as well as 23 passengers seated on the stones at the back of the vehicle.
The driver, identified as Muhammed Jibril of Adamawa State, reportedly lost control of the vehicle after hitting a pothole in the Fiditi area, causing the truck to overturn.
The heavy stones reportedly fell on the passengers, killing four instantly, while fifteen others sustained varying degrees of injuries.
The injured were rushed to General Hospital Oyo for treatment, and the bodies of the deceased were evacuated to the hospital mortuary for preservation and autopsy.
Four killed, 15 injured in lone motor accident on Ibadan–Oyo Expressway
News
Six people abducted by armed bandits in Maru, Zamfara State
Six people abducted by armed bandits in Maru, Zamfara State
By: Zagazola Makama
Suspected armed bandits on Jan. 25 abducted six people at gunpoint in Tauji village, Kanoma District of Maru Local Government Area, Zamfara State, while the victims were observing Isha’i prayers.
Sources said one of the victims has been identified as Yahuza Mikailu, 40, while the identities of the remaining five are yet to be confirmed.
The abductors reportedly took the victims to an unknown location.
Efforts are ongoing by security operatives to track the bandits, rescue the victims, and apprehend the perpetrators.
Six people abducted by armed bandits in Maru, Zamfara State
-
News2 years agoRoger Federer’s Shock as DNA Results Reveal Myla and Charlene Are Not His Biological Children
-
Opinions4 years agoTHE PLIGHT OF FARIDA
-
News9 months agoFAILED COUP IN BURKINA FASO: HOW TRAORÉ NARROWLY ESCAPED ASSASSINATION PLOT AMID FOREIGN INTERFERENCE CLAIMS
-
Opinions4 years agoPOLICE CHARGE ROOMS, A MINTING PRESS
-
News2 years agoEYN: Rev. Billi, Distortion of History, and The Living Tamarind Tree
-
ACADEMICS2 years agoA History of Biu” (2015) and The Lingering Bura-Pabir Question (1)
-
Columns2 years agoArmy University Biu: There is certain interest, but certainly not from Borno.
-
Opinions2 years agoTinubu,Shettima: The epidemic of economic, insecurity in Nigeria
