THE Presidency has directed personal data collecting agencies to release all relevant individual records to the Joint Tax Board (JTB).

Vice President Prof Yemi Osinbajo gave the order on Monday in Abuja at The Go-Live ceremony for the new National TIN Registration System. He ordered that “all agencies critical to the optimal success of this initiative, the Central Bank of Nigeria (CBN) and the Nigeria InterBank Settlement System (NIBBS), the National Identity Management Commission (NIMC), are hereby directed to provide the fullest co-operation to the JTB especially in the release of the relevant individual records.

The vice president gave the order after the Executive Chairman, Federal Inland Revenue Services (FIRS), Mr. Tunde Fowler, said the service  was yet to take delivery of taxpayer data from organisations such as the CBN via the NIBBS, and NIMC, adding that the ceremony will reinforce the need to work together as one to promote the Economic and Recovery Growth Plan (ERGP) of Mr. President.

He said:“ So we will like to thank them in anticipation of their commitment to release the required data to JTB. For the first time in the history of Nigeria, the Federal Government paid all outstanding PAYE tax liabilities owed by Federal MDAs (ministries, departments and agencies) from 2002 to 2016, totaling N135.8 billion to the various state governments in May 2019.”

He said the Federal Government gesture will encourage state governments to also promptly remit all Withholding Taxes and VAT due to the Federation Account.

Speaking on The Go-Live project, Fowler  said: “Tax authorities are poised to change the financial profile of Nigeria and particularly, lay a strong financial foundation to fund government at all tiers beyond aid, grants and borrowing.”

He added that new realities are driving the desire of the JTB to ensure that the identification of individuals and corporate bodies in the country is achievable.

“It is not only important that these records are available, it is equally important that the records are credible and reliable and that they are accessible under a secure environment, online real-time,” he said.




Read more here https://thickmatch.com/presidency-orders-agencies-release-data-jtb/

FTC

i wish y'all a blessed week ahead and happy new month

Nigeria is just like a pipe whose both ends are wide open

Money entering well from one hole

Money exiting ferociously from the other hole

Abacha stolen loot recovered in Billions!
Patience Jonathan loot seized in Billions
Kaduna Airport abandoned money becomes FG money
Whistle Blowers policy has recovered Billions!
Buhari's anticorruption fight has recovered Trillions!
TSA has saved Trillions!

Yet we are still poor and borrowing up and down

Are we cursed as a nation?

Nigeria we hail thee

accountability, way to go.....we will soon get there

This is the best time to rightfully move to the next level

Nice.

Is there anything like Tax refunds in Nigeria?

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Na wa o, so government MDAs dey owe tax from 2002 to 2018? Hope they adjusted for inflation when paying o.
If na private companies naim owe for that long, hmmmm

Received TAX payments that will be misappropriated or looted in a vicious circle. Until government comes out and tell you in details how that payers money was spent and you see the projects are reflective of what was collected as tax then you believe them

Which silly other this one dey give here and there.
The one he gave on apapa road, NHIS issue etc.
I hope this one will not be to increase people suffering

Nigeria will be Great again! It is a necessity; Necessity, the mother of invention

nairalee:
Nigeria is just like a pipe whose both ends are wide open

Money entering well from one hole

Money exiting ferociously from the other hole

Abacha stolen loot recovered in Billions!
Patience Jonathan loot seized in Billions
Kaduna Airport abandoned money becomes FG money
Whistle Blowers policy has recovered Billions!
Buhari's anticorruption fight has recovered Trillions!
TSA has saved Trillions!

Yet we are still poor and borrowing up and down

Are we cursed as a nation?

The tin jst tireing person

That's if they will obey.

Orders! Orders!! Orders!!!..........With Little Or No Meaninful Result!

Owaincouncil:
Which silly other this one dey give here and there.
The one he gave on apapa road, NHIS issue etc.
I hope this one will not be to increase people suffering

Since more people are veering off into businesses, this is to ensure business owners and the likes pay taxes with ease

And these remittances will be spent on the establishment of Cattle colonies and RUGAs. Everything here seem crazy

Ghen ghen ashiri ti Fe tu

Please release the data or else


Do you live liking beautiful? Check my signature

Waiting concern me. My pretty wife will be slaying.

Towards progressive tax system

By extension to be released to POLICE database too.

contigiency:
Waiting concern me. My pretty wife will be slaying.

Love has started sharking u this early morning.

Congratulations..