Maritime Nigeria

Main Menu

  • Home
  • News
  • Interviews
  • Maritime Info
  • Photo Gallery
  • Fact
  • Profiles

logo

Header Banner

Maritime Nigeria

  • Home
  • News
    • AMJON Expresses Confidence, Hails CGC on WCO Leadership Role

      Jul 8, 2025
      0
    • "Nigeria Has Capacity to Build Ships"-DG NIMASA

      Jul 8, 2025
      0
    • Olomu Reenacts Zeal, Records Huge Revenue and Seizures

      Jul 4, 2025
      0
    • Compt Babatunde OLomu: Pragmatism, Innovation or Professionalism In Service?

      Jun 29, 2025
      0
    • PRESIDENT TINUBU CONGRATULATES CGC ON WCO Appointment

      Jun 29, 2025
      0
    • Maritime Stakeholders Excited By Ogbeifun's Appointment At NIMASA

      Jun 29, 2025
      0
    • WTO Salute Nigeria Customs For Operational Strides

      Jun 27, 2025
      0
    • Nigeria Celebrate Seafarers On Seafarers Day 2025!

      Jun 25, 2025
      0
    • NPA Under Dantsoho What Does The Charts Indicate?

      Jun 17, 2025
      0
  • Interviews
    • Nigeria Takes Leadership Of MOWCA

      Nov 18, 2021
      0
    • APM Participates in UK Trade Expo

      Oct 31, 2021
      0
    • Reps Seek Admission at MAN

      Dec 7, 2020
      0
    • NIMASA URGE SHIP OWNERS TO RENEW CABOTAGE LICENSES

      Oct 5, 2020
      0
    • FG Sacks Aboloma As NAIC Gets New EDs

      Aug 28, 2020
      0
    • Britain Celebrate Nigerian In Covid Efforts

      Jul 26, 2020
      0
    • Zuckerberg Backs Trump Against Twitter

      May 28, 2020
      0
    • NAFDAC DG Sheds Light On Chloroquine, Herbals, Masks and Covid19

      May 12, 2020
      0
    • Reps Threaten MDAs

      Feb 24, 2020
      0
  • Maritime Info
    • 2023 POP: Minister Task Cadets On Blue Economy

      Dec 15, 2023
      0
    • Rector, Trainees Excited, Laud FG On Modern Academy

      Jan 26, 2023
      0
    • Buhari Redeploys Minister As NPA, NIMASA, MAN, Others Get New Boards

      Apr 7, 2022
      0
    • World Bank Endorse Nigerian Ports, Partners Navy On Capacity Building

      Mar 19, 2022
      0
    • NIMASA Commend Nigerian Navy, Reassures On Floating Dock

      Feb 9, 2022
      0
    • MAN Unveils Lighthouse For Training of Cadets

      Jan 27, 2022
      0
    • shipping

      Singapore Strait Dangerous To Shipping-ReCAAP

      Jan 24, 2022
      0
    • Lekki Deep Sea Port Will Increase Port Efficiency-Amaechi

      Jan 24, 2022
      0
    • Fair Competition: NSC Partners FCCPC For Effectiveness

      Jan 21, 2022
      0
  • Photo Gallery
    • SERAP Calls for Probe of Entire Privatization Processes 1999-2011

      Dec 4, 2017
      0
    • IMO Election: South Africa, Kenya, Liberia, Morroco and Egypt Make Category C

      Dec 2, 2017
      0
    • Maersk Ship on Fire as Coy Launches Six Container Lifting Tech

      Nov 2, 2016
      0
    • Captured Seafarers Languish In Captivity without Ransom

      Nov 1, 2016
      0
    • Niger Delta: Militants Ask FG to Include Former Agitators in Negotiations

      Nov 1, 2016
      0
    • Self-Audit: NIMASA Set to Review 3% Freight Charge

      Nov 1, 2016
      0
    • Recession: Japanese Shipping Companies to Merge

      Oct 31, 2016
      0
    • NSC Partners ICS on Capacity Building

      Oct 31, 2016
      0
    • AGAIN, APAPA CUSTOMS SURPASS MONTHLY TARGET WITH N33B COLLECTION

      Oct 5, 2016
      0
  • Fact
    • Maritime Police Boss Celebrate Workers

      May 1, 2025
      0
    • “VIN Is A Trade Tool, Not Punitive”-Customs

      Mar 2, 2022
      0
    • Blackmailers, False Publishers and Their Agents: Court Clears Rector

      Feb 18, 2022
      0
    • MAN Unveils Lighthouse For Training of Cadets

      Jan 27, 2022
      0
    • "APM Terminals Is Beyond Moving Boxes Around"-Laursen

      Jan 24, 2022
      0
    • MWUN: Welfare, Safety Our Priority-Adeyanju

      Dec 27, 2021
      0
    • Reversing the Trend: Koko Breaks Record at NPA

      Dec 24, 2021
      0
    • Minister Demands More From MAN At Passing Out Parade

      Dec 20, 2021
      0
    • MARITIME NIGERIA TASK NIMASA ON MARITIME DEVELOPMENT

      Dec 15, 2021
      0
  • Profiles
    • CMA CGM Brings AI Onboard

      Jun 5, 2018
      0
    • Customs Notify 577 Officers of Retirement by Eguono Odjegba

      Jan 12, 2018
      0
    • Over 100 Persons Feared Dead in Mediterranean Ship Wreck

      Nov 3, 2016
      0
    • Ballast Water: Panama Signs Up

      Oct 24, 2016
      0
    • Ist Half Report: Customs generate N385.7bn revenue

      Aug 15, 2016
      0
    • Minister/MD Speeches at the Launch of NPA's CCCIS

      Jul 23, 2016
      0
    • Face off Imminent as Dakuku Warn IOCs to Sit Up or Stay ...

      Jul 22, 2016
      0
    • Hadiza, Welcome to NPA

      Jul 16, 2016
      0
    • Habib Abdullahi Sacked Again from NPA

      Jul 12, 2016
      0
  • AMJON Expresses Confidence, Hails CGC on WCO Leadership Role

  • “Nigeria Has Capacity to Build Ships”-DG NIMASA

  • Olomu Reenacts Zeal, Records Huge Revenue and Seizures

  • Compt Babatunde OLomu: Pragmatism, Innovation or Professionalism In Service?

  • PRESIDENT TINUBU CONGRATULATES CGC ON WCO Appointment

News
Home›News›Tax Amnesty: FG Targets $1b From Nigerians

Tax Amnesty: FG Targets $1b From Nigerians

By Editor
Nov 30, 2017
1667
0
Share:

 

kemi Adeosun, Finance Minister

The Minister of Finance, Mrs. Kemi Adeosun, on Wednesday said the Federal Government was targeting a revenue of $1bn from its tax amnesty programme, adding that the target might be exceeded as two companies had already paid $110m (N33.6bn at the official exchange rate of N305 per dollar).

“On the amount expected, we projected $1bn and we have already got $110m and that is just from two companies. So, we feel we might exceed that target,” the minister told State House correspondents at the end of the weekly meeting of the Federal Executive Council presided over by Vice President Yemi Osinbajo.

 

 Adeosun said she presented a memorandum on the Voluntary Asset Declaration Bill to the council.

She disclosed that N1.5bn would be spent on advertising campaign for the Voluntary Asset Declaration Scheme for nine months.

The minister stated that the sum would cover advertisements on radio, television, online and in newspapers.

On the tax amnesty programme, she said the government had sent out over 500 letters in the first batch, and that there were thousands of Nigerians being targeted.

The minister said many people had reached out to the government, pleading for more time to pay.

Adeosun stated, “Most of the governors have agreed to give more time for people to make arrangements for payments.

“This is indeed a very good news for Nigeria as it will help reduce over-reliance on oil. It will improve our tax revenue so that whether oil prices are high or low, we will be able to provide basic services for our people. Very high net worth people are now being brought into the tax revenue profile. We hope to exceed the target that has been set.”

 

 As part of the criteria used to get the first 500 who had received their letters, Adeosun said the government got information on land registry details from state governments and the Federal Capital Territory Administration.

She stated that information was also obtained from the Bank Verification Number and registration with the Corporate Affairs Commission.

The minister added, “If someone lives in Lagos and has properties in Kaduna, London etc., but only declares part, with these information, we will get them. We also looked at people who had come out in the Panama and Paradise papers. We looked at people who have companies being paid by the government but are not paying the right taxes.

“Even if you have not got a letter yet, do not think we have forgotten you. These are just the first 500, others will soon follow. It does not mean that we do not have you on our radar.”

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • More
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)

Related

Previous Article

“We will Continue to Burn Illegal Refineries”-OPDS ...

Next Article

Edo State Govt. Ready to Curb Migration ...

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

Related articles More from author

  • FeaturedNews

    NSML Repositions as NLNG Shipping and Marine Services Limited

    Aug 25, 2023
    By Editor
  • FactFeaturedMaritime InfoNewsProfiles

    agos Ports Access roads: NPA clarifies roles of Dangote, others as 11,000 trucks are Registered

    Jun 28, 2016
    By Editor
  • AgricultureFeaturedNews

    Food Security Faces Severe Threat

    Jun 23, 2019
    By Editor
  • News

    blow the whistle’ Nigerian urge Maina

    Nov 1, 2017
    By Editor
  • FactMaritime InfoNews

    Crew of Sinking Ship Rescued by Judith Nwaode

    Jan 15, 2017
    By Editor
  • News

    Abuja Residents Seeks IGP’s Protection From Land Grabbers

    Aug 28, 2022
    By Editor

Leave a Reply Cancel reply

  • News

    League of Editors to Hold 25th Anniversary in Lagos

  • FactNews

    “VIN Is A Trade Tool, Not Punitive”-Customs

  • News

    Global Food Crisis: Seafarers Shortage A Big Issue-Report

Looking For Something?

Read From

  • Agriculture
  • Customs Operations
  • Fact
  • Featured
  • Interviews
  • Maritime Info
  • News
  • One Question
  • Photo Gallery
  • Profiles
  • sports

Just In

Customs OperationsNews

AMJON Expresses Confidence, Hails CGC on WCO Leadership Role

The Association of Maritime Journalists of Nigeria (AMJON) has expresses its confidence as the the group congratulates the Comptroller General, Nigeria Customs Service, Bashir Adewale Adeniyi on his recent election ...
  • “Nigeria Has Capacity to Build Ships”-DG NIMASA

    By Editor
    Jul 8, 2025
  • Olomu Reenacts Zeal, Records Huge Revenue and Seizures

    By Editor
    Jul 4, 2025
  • Compt Olomu On Working Visit and Engagement With Freight Agents

    By Editor
    Jul 2, 2025
  • Compt Babatunde OLomu: Pragmatism, Innovation or Professionalism In Service?

    By Editor
    Jun 29, 2025
  • Home
  • About Us
  • Contact Us
© 2013 Maritime Nigeria | All Rights Reserved