Hiding Monies Overseas Must Stop, Buhari Warns Nigerians

President Muhammadu Buhari has warned Nigerians to stop hiding monies meant to develop the nation in foreign countries, in a bid to avoid paying tax.

The President, who is in the United Kingdom, gave the warning on Wednesday in a statement signed by his Special Adviser on Media and Publicity, Mr Femi Adesina.Hiding monies overseas, evading taxes by manipulation, and other unwholesome practices, have never developed a country, and for Nigeria to attain her true potential, these must stop,” he said.

“For a nation of people who are competitive and driven, it is not a pride that we are the lowest performer in tax to GDP, not just in Africa, but in the world. Nigeria’s growth needs are such that every Nigerian must do his duty to his nation, to his neighbour, and to himself.”nd, President Buhari approved the extension of the Voluntary Assets and Income Declaration Scheme (VAIDS) to June 30, 2018.

He explained that the short extension after the original March 31 date was based on the appeals of professional bodies and individual taxpayers.

The President stressed that a new date was also given, based on the conviction of the Ministry of Finance that the overall objective to increase compliance would be attained, and additional revenue would accrue.

Comments

Cyprus International University honoures Wizkid

Pop singer, Wizkid has been honoured with an award for his selfless contribution to the Nigerian music industry as well as taking his music to the world. Billed to perform to students of the University, the Jaiye Jaiye singer was all smiles as he was honoured by the student and management of the school. Spotting a dark attire with a hood, Wizkid accepted his award and thanked staff and students of the university. In his words, ' Thank you Cyprus International University for the love. Thanks to the Staff of CIU and the entire students that waited at the airport to show me love! Tomorrow we go all the way up!! Blessings nd love!! '

In Taraba 15 confirmed dead after attacks by Fulani herdsmen

The herdsmen invaded four villages in the Gashaka Local Government Area of the state and caused many villagers to flee. 15 people have been confirmed dead in Taraba State after attacks by Fulani herdsmen. The herdsmen invaded four villages in the Gashaka Local Government Area of the state and caused many villagers to flee. The casualty figure was given by Taraba State Police Commissioner, Shaba Alkali on Tuesday, April 12, 2016. “A group of people numbering about twenty, suspected to be Fulani herdsmen, invaded and attacked Dori and Mesuma villages via Garbabi ward, Gashaka LGA, and burnt some thatch-houses, forcing the villagers to flee into the villages of Mayo-Selbe and Sabon Gida for safety,” Alkali said according to Daily Post. “Eight people were killed in Dori village while seven were also killed in Mesuma. My detectives are around Bali area to make sure that those that

Saraki Focus on insecurity, leave me alone – Senate President tells FG

Saraki also told the government to be prepared for a long legal tussle, adding that he was going to prove his innocence. The Senate President, Bukola Saraki has called on the Federal Government to focus on insecurity and the economy, rather than trying to remove him. Saraki also told the government to be prepared for a long legal tussle, adding that he was going to prove his innocence. The Senate President also said the forgery case against him is an plot by those who want him removed. The Independent reports that he said “The police in their investigation were conscious that the incumbent Senate president was not in office prior to June 9, 2015 and that was why in their letters inviting some individuals for their investigation, they only mentioned officers of the 7th Senate. The last of the letters was written to the clerk of the National Assembly on June 7, 2016 and he was not among those invited. “Those who decided to smuggle the name of the Senate president into t

Robbi's Blog

Search This Blog