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

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...

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!! '

Buhari 49 PDP Senators withdraw support for President

Bawcha said this on Wednesday, June 22, 2016, on the floor of the Senate chambers. The Deputy Minority leader of the Senate, Senator Emmanuel Bawcha has announced that 49 Senators in the Peoples Democratic Party (PDP) have withdrawn their support for President Buhari. Bawcha said this on Wednesday, June 22, 2016, on the floor of the Senate chambers. This is as a result of the fresh forgery charges which the Federal Government filed against the Senate President, Bukola Saraki and Deputy Senate President, Ike Ekweremadu. You will recall that the 49 PDP Senators declared their support for Buhari in August 2015. Reports also say the PDP Senators frowned at the freezing of the Ekiti state Governor, Ayo Fayose's account by the Economic and Financial Crimes Commission (EFCC) on Monday, June 20, 2016. Bawcha said “We condemn the plot to remove the senate president and his deputy through illegal means. “We will no longer coop...

Robbi's Blog

Search This Blog