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Small businesses are a critical part of the economy.

Nigeria has made starting a business easier by operationalizing a new electronic platform that integrates the Federal Inland Revenue Service (FIRS) and the Corporate Affairs Commission (CAC) platforms.
In addition, registering property in Lagos is now more transparent with the digitization of cadastral plans in a geographical information system with digital copies now available.
Regarding the enforcement of contracts, Chief Judges in Lagos and Kano States have introduced pre-trial conferences and a strict limit adjournment in their practice directions for small claims courts.
The private sector also deserves our heartfelt gratitude & commendation for its commitment and collaboration, especially their contributions in technical support and capacity building.
We must in particular thank the law firms of Banwo & Ighodalo, Oyewole & Adesina, Crowncourt Attorneys, and also KPMG Nigeria, Procter & Gamble and Deloitte Nigeria.

Well done to Dr. Jumoke Oduwole and her team for implementing the mandate of PEBEC.
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Prof Yemi Osinbajo
@ProfOsinbajo
It is not mere rhetoric that small businesses are the engine of growth in Nigeria’s economy. The Federal Government recognises this and is committed to creating an environment for these businesses to thrive.
Nothing lends more credence to this than the Finance Act of 2020 that introduces a wide range of tax incentives for small businesses.
The MSME Clinics provide a two-way opportunity. The FG regulatory agencies share business procedures and requirements while MSMEs are also expected to use the opportunity to share challenges that they face and look for possible solutions alongside the regulatory agencies.
Read 8 tweets
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Prof Yemi Osinbajo
@ProfOsinbajo
Today, I attended the Inspiration Conference themed Galvanized for Geometric Growth.

It was an opportunity to share some of the strides we have made as a nation under the leadership of President Muhammadu Buhari.
I also shared some of the indices that lend credence to the recent US-based Newsweek magazine's special cover edition which described Nigeria as the Black China and Africa's first super-power.
Nigerian start-ups attracted $122 million out of the $492 million in funding to the African start-up sector in 2019. For example, Kobo360 which aggregates end-to-end haulage operations raised $30m in a Series A round led by Goldman Sachs and Nigerian commercial banks.
Read 4 tweets
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Prof Yemi Osinbajo
@ProfOsinbajo
The Nigerian Police Force is without a doubt, a national asset. It is the largest Police Force in Africa.

They have led police peace keeping activities in several countries of the world such as Congo, Namibia, Angola, Bosnia Herzegovnia, Kosovo and even as far as East Timor.
Locally, between January and this month, they have arrested 2,348 armed robbery suspects, over 1400 suspected kidnappers, 649 murder suspects and safely rescued 826 kidnap victims.
In the course of duty, many have paid the ultimate price. Many often go beyond the call of duty and in challenging conditions, working to make our communities safer.

We are grateful for your service to this nation.

Yet, there is more.
Read 7 tweets

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Ugodre
@ugodre
Good Evening. Welcome to @Nairametrics Corporate News Roundup for the week ended December 29, 2019. This thread is brought to you by @BluechipTechNG

Thread starts here.
@Nairametrics @BluechipTechNG As usual, kindly retweet the first tweet of this thread so others on your timeline don't miss out.

Feel free to be a part of this thread by commenting, asking questions or being a part of the conversation.

We begin..
@Nairametrics @BluechipTechNG 1. Dr Nnameka Ewelukwa has been appointed Acting Managing Director/Chief Executive Officer of the Nigerian Bulk Electricity Trading Company (NBET). The previous CEO, Dr Marilyn Amobi, was asked to hand over to the most senior staff.
Read 30 tweets
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FIRS Nigeria
@firsNigeria
PRESS RELEASE

FOWLER THANKS BUHARI, HANDS OVER TO ABIODUN AINA

Immediate past Executive Chairman of the Federal Inland Revenue
Service, FIRS, Tunde Fowler, yesterday thanked President Muhammadu Buhari for the privilege he had to serve the nation and for what he was able to do
with the support of all Staff
Waxing biblical, Fowler noted that the taxman job is one of service to
one’s fatherland as it gives one the opportunity to serve fellow
humans and the nation.

Change, he noted is constant. It is normal that people will always
resist change, he noted
He spoke at arbour 6: 35 pm as he handed over to the Coordinating
Director Domestic Taxes Group, Abiodun Aina, who promised to steady the ship of the FIRS.

Said Tunde Fowler in a handover over ceremony at the Boardroom of the FIRS: “Let me thank all of you who are here for what
Read 25 tweets
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FIRS Nigeria
@firsNigeria
FIRS NETS N4. 012 TRILLION JAN – SEPT. 2019

The Federal Inland Revenue Service, FIRS, said it has collected the sum of N4. 012 Trillion in three quarters (January-September 2019), Executive Chairman, Tunde Fowler told Senate Committee on Appropriations today in Abuja.
The amount is 77.89 billion above the N3.941 trillion collected between January-September 2018.
Though the amount collected represents 60.77 trillion of the N8. 8 trillion target of the FIRS for 2019, Fowler is optimistic that FIRS will do better than the N5.3 trillion it collected last year.
Read 18 tweets
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Kenna Partners
@Kenna_Partners
We are live!
We are pleased to bring you another social media discussion. Today, we shall be discussing the tax liabilities of SMEs in Nigeria.
Before we begin, here's the background to today's discussion.
Read 64 tweets
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Ugodre
@ugodre
Good Evening and Welcome to @Nairametrics Corporate News Roundup for the week ended July 28, 2019. BTU by @BluechipTechNG
@Nairametrics @BluechipTechNG As usual, kindly retweet the first tweet on this thread so that others on your timeline can see.

As usual, kindly retweet the first tweet on this thread so that others on your timeline can see.

We begin...
@Nairametrics @BluechipTechNG 1. Immediate past Minister of State for Aviation in President Muhammadu Buhari’s last cabinet, Senator Hadi Sirika, is poised to forge ahead with plans for a new national carrier.
Read 43 tweets
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Andersen Tax, Nigeria
@AndersenTax_NG
Welcome to our twitter conversation thread, please retweet to enlighten someone, like & Comment.

Topic: - Effective taxation of the Nigerian informal sector
#Taxation #Nigeria

andersentax.ng/effective-taxa…
1.The Nigerian tax authorities have been making efforts aimed at increasing the level of tax collections and improving government revenue generation from taxation. #Taxation #Nigeria
2.This is spearheaded by the Federal Inland Revenue Service (FIRS) and the other State Internal Revenue Services #Taxation #Nigeria
Read 53 tweets

Trending hashtags

#Oyo #CJN #NigeriaDecides2019 #CronyCapitalist #pseudo #Anambra #ItPaystoPayYourTaxes #Antitrust #wealth #taxmanagement #Nigeria #ISWAP #Andersentax #Nigerian #Suicide #EndThe9jaTaxOnPads #WakeUp #End9jaTaxOnPads #EndSARS #Rann #BokoHaram #inflation #FSARS #StatiSense #JusticeSystem

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