Tax Evasion: Lagos Recovers N32bn
Lagos State government says it has recovered N32 billion from companies that had been evading tax payment to the state.
Chairman, Lagos Inland Revenue Service (LIRS), Mr Tunde Fowler stated at a recent stakeholders’ meeting on taxation in Lagos that N17 billion was recovered from 200 companies between January and December, 2009.
He said N15 billion was recovered from tax evaders last year in the current move to collect taxes from unscrupulous companies that either fail to pay their tax to government or remit the Pay As You Earn (PAYE) deduction from their workers pay to government.
Similarly, Governor Babatunde Kaji Fashola has vowed that the state government would fight through all legal means to ensure that the five per cent consumption tax it imposed on eateries, event centres and others becomes reality.
Some centres and other businesses had taken the state government to court and got an injunction stopping the government from collecting five per cent consumption tax, pending the determination of the substantive suit.
But the government, Fashola said, will continue to collect taxes from eateries and others that had already complied.
At the stakeholders’ meeting, Fashola said “we will fight this to a logical conclusion,” adding that government imposed the tax for the benefit of the public.
He lashed out at the Federal Government for supporting the hoteliers and others which had taken the state government to court.
The governor said he does not know why a federal government organ would intervene in a law duly passed by the State House of Assembly.
Fashola emphasised that the consumption tax would not affect the hoteliers but the people doing business with them as they would bear the brunt.
Tinubu Signs Bill Unifying Retirement Age For Judicial Officers
Asiwaju Bola Tinubu yesterday signed his first piece of legislation as President, when he assented to a constitutional amendment bill bringing uniformity to the retirement age and pension rights of judicial officers in the country.
This was disclosed in a statement signed by the State House Director of Information, Abiodun Oladunjoye, yesterday.
The statement is titled ‘President Tinubu assents to constitutional amendment Bill on uniformity in retirement age of judicial officers’.
The statement read in part: “In exercising the powers vested in him under the 1999 Constitution as amended, President Bola Tinubu yesterday at the State House assented to a fresh amendment of the Constitution of the Federal Republic of Nigeria.
“President Tinubu signed into law the ‘Constitution of the Federal Republic of Nigeria, 1999 (Fifth Alteration) (No.37), 2023’ presented by the outgoing 9th National Assembly”.
It added that “With the signing of the Constitutional amendment Bill, retirement age and pension rights of judicial officers have been effectively brought into uniformity and other related matters”.
While signing the amendment Bill into law, Tinubu pledged his administration’s dedication to strengthening the judiciary, ensuring the rule of law, and empowering judicial officers to execute their responsibilities effectively.
Democracy Day: FG Declares Monday Public Holiday
The Federal Government has declared Monday, June 12, as a public holiday in commemoration of 2023 Democracy Day celebration.
This was contained in a statement issued by the Permanent Secretary of the Ministry of Interior, Dr Oluwatoyin Akinlade, on behalf of the Federal Government.
While congratulating Nigerians on the occasion, Akinlade stated that the country’s democratic journey has encountered stormy and smooth sails, just like in many other climes.
She said, “But the ship of State, its institutions and most importantly, the Nigerian people have remained steadfast on the tenets of democratic governance.”
“On this memorable occasion therefore, Nigerians and friends of Nigeria are invited to appreciate the progress that has been made, celebrate the milestones covered and look forward to a better future for the country’s democracy.
“The Permanent Secretary wishes all Nigerians a Happy Democracy Day celebration, “ the statement added.
RSHA Screens Five For Commissioners, Today
Five commissioner nominees are to appear before the Rivers State House of Assembly, today for screening.
The nominees include Engr. Chukwuemeka Woke, Barr.(Mrs) Inime Aguma, Hon Nwafor Uchechukwu, Dr. Kenneth Chisom Gbah and Hon. Henry Ogiri.
In a statement signed by the Acting Clerk of the House, Dr. Emeka Amadi, the five commissioner nominees are expected to appear before the lawmakers by 10am.
The nominees are also requested to submit 40 copies of their original credentials to the office of the Acting Clerk on or before 9am, today.
Four commissioners had earlier been screened by the Assembly and sworn in by the State governor, Sir Siminalayi Fubara, last week.
These nominees, if screened and confirmed, will therefore, bring the number of commissioners in the State to nine in the last one week.
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