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Just In: Federal Inland Revenue Service Grants Complete Waiver For Unsettled Tax Obligations (See Details)

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The Executive Chairman of the Federal Inland Revenue Service (FIRS), Zack Adedeji, recently announced a comprehensive waiver of penalties and interests on all outstanding tax liabilities, provided the full principal is paid before December 31, 2023….CONTINUE READING....KINDLY READ THE FULL STORY HERE▶

 

 

 

This waiver, detailed in a public notice, is in accordance with Section 32 of the Federal Inland Service (Establishment) Act, LFN 2004 (as amended). Recognizing the challenges faced by taxpayers in settling their tax obligations, the FIRS aims to support businesses, reinstating full penalties and interests after the one-off concession window expires if outstanding liabilities remain unpaid.

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Adedeji clarified that liability for penalties arises from defaulting in complying with FIRS demands for outstanding tax payments, and interest and penalties accrue from the date of default in withholding tax cases.

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Taxpayers are urged to take advantage of this concession by settling their outstanding principal before the specified deadline of December 31, 2023, with the FIRS expressing appreciation for diligent taxpayers and seeking continued cooperation for an improved tax system.

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Saraki Rejects Planned Culpable Homicide Trial Move.

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The Peoples Democratic Party (PDP) in Kwara State has described moves to prosecute former Senate President Bukola Saraki and former Governor Abdulfatah Ahmed over alleged culpable homicide as an attempt to reopen the 2018 Offa robbery tragedy for political purposes.....KINDLY READ THE FULL STORY HERE▶

Breaking: Abuja Hosts ECOWAS Gathering As Leaders Convene For Regional-Summit (Details)

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Kogi APC Stakeholders Back Senator Karimi, Call For Unity In Party.

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Stakeholders of the All Progressives Congress (APC) in Kogi State have restated their support for Senator Sunday Steve Karimi, who represents Kogi West in the Senate, while also calling for unity within the party ahead of future elections.....KINDLY READ THE FULL STORY HERE▶

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ADC Ticket Battle: Kwankwaso, Amaechi, Others Blast Atiku Over Supremacy Claims.

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A heated political exchange has erupted within the African Democratic Congress (ADC) presidential race, as camps backing former Vice President Atiku Abubakar’s rivals push back against his claims of superior popularity, especially in the North.....KINDLY READ THE FULL STORY HERE▶

Supporters of Peter Obi and Rabiu Kwankwaso rejected Atiku’s assertion that he remains the dominant northern vote-getter, insisting that such claims do not reflect today’s political realities.

The Kwankwasiyya Movement, aligned with a potential Obi-Kwankwaso ticket, dismissed Atiku’s influence in the North as largely elite-driven, arguing that Kwankwaso enjoys more genuine grassroots support.

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Former Transportation Minister Rotimi Amaechi also reacted, faulting Atiku’s position and questioning the logic of relying solely on regional identity as a basis for presidential ambition.

Atiku, in a recent interview, had maintained that none of his northern rivals, including Kwankwaso, can match his electoral strength, while downplaying Kwankwaso’s influence beyond Kano State.

His remarks sparked criticism across political circles, with some opposition figures describing them as arrogant and dismissive of other contenders.

Kwankwaso’s camp, however, maintained that both Kwankwaso and Obi have more “organic” support bases compared to politically induced followership, warning that such comments could deepen divisions within the ADC coalition.

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Amaechi also argued that the ADC presidential ticket should be determined through a competitive primary rather than consensus, insisting that all aspirants should be tested at the ballot.

The growing disagreement highlights rising tension within the opposition alliance ahead of the 2027 general elections, as key figures intensify positioning for the party’s presidential ticket.

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