Tax fraudsters will pay double of evaded taxes – LIRS chief

The Chief Compliance Officer, Lagos Inland Revenue Service, Abideen Akande speaks with EDIDIONG IKPOTO on the state’s annual tax returns and other tax-related matters How would you assess the LIRS whistleblower initiative which was launched last year?   We have received information from the tax-paying public. We now have over 15 cases out of which about nine

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Rivers Accord gov candidate escapes assassination, accuses PDP

…says state lawless The governorship candidate of the Accord Party in Rivers State, Dumo Lulu-Briggs, escaped assassination on Saturday during a visit to the Etche Local Government Area of the state. Lulu-Briggs and his team had gone to the LGA to ascertain reports of an attack on the Accord secretariat in the area when unidentified

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Again, explosion rocks Rivers oil well

Eroton Exploration and Production Company has reported a fire on a wellhead at its Akaso field in its Oil Mining Lease, OML-18 asset in Rivers State. The company said the incident, at the Cawthrone Channel operational area, occurred last weekend. This came about three months after the company experienced a fire explosion on Akaso Well-14,

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15% of low-income countries in debt distress – IMF

The International Monetary Fund has said about 15 per cent of low-income countries are already in debt distress. In a new report titled ‘Confronting fragmentation where it matters most: Trade, debt, and climate action’, the IMF said an additional 45 per cent of the population is further at high risk of debt distress, according to Nairametrics.

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You didn’t lead economic mgt team, Ezekwesili knocks Atiku

Former Minister of Education, Oby Ezekwesili, on Tuesday knocked the presidential candidate of the Peoples Democratic Party, Atiku Abubakar, for claiming to be the head of the Economic Management Team while he was vice president. Atiku tweeted on Monday, “As head of the economic management team while I was Vice President, I was instrumental in

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Kanu: FG in breach of court order – IPOB

The proscribed Indigenous People of Biafra has rejected the offer of the governor of Anambra State, Professor Chukwuma Soludo, to stand as surety for its leader, Nnamdi Kanu, to be released, saying the Federal Government is in breach of the order of its own court. While welcoming the call by Soludo to release Kanu unconditionally,

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Why Okupe was rearrested – DSS

The Department of State Service has explained the reasons behind the rearrest of the immediate past Director-General of the Labour Party Presidential Campaign Council, Doyin Okupe, at the Murtala Mohammed International Airport, Lagos State, citing the cooperation of the Economic and Financial Crimes Commission as the mastermind for the interception. The PUNCH, on Monday, December

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Insurance broker canvasses poverty eradication

A former President, Nigerian Council of Registered Insurance Brokers, Dr Teslim Adekunle Sanusi, has emphasised the need for individuals and corporate organisations to give to the needy. A statement said while celebrating his 80th birthday by organising medical outreach for the downtrodden in the society, he said this was necessary to alleviate poverty. He said,

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