Public Finance Archives |

Rivers State Clarifies N100,000 Christmas Bonus After Lawmakers Reject Payment

globalmirrornews2 weeks ago2 weeks ago04 mins

The Rivers State Government has clarified the circumstances surrounding the ₦100,000 Christmas bonus paid to public office holders, following controversy sparked by members of the State House of Assembly who rejected and refunded the funds. In a statement on Wednesday, the Ministry of Information and Communications, led by Dr. Honour Sirawoo, explained that the bonus…

No Automatic Bank Deductions Under Nigeria’s New Tax Laws, Reform Chief Assures Citizens

globalmirrornews2 weeks ago2 weeks ago04 mins

Nigeria’s Federal Government has dismissed widespread fears that personal bank accounts will be automatically debited under the Country’s newly enacted tax laws, assuring citizens that the reforms are built on transparency, self-assessment and due process. The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele, gave the clarification amid growing…