RESPONSE TO KPMG: OBSERVATIONS ON NIGERIA'S NEW TAX LAWS- BY PRESIDENTIAL FISCAL POLICY AND TAX REFORMS COMMITTEE. (PHOTO). #PRESS RELEASE.
𝐑𝐞𝐬𝐩𝐨𝐧𝐬𝐞 𝐭𝐨 𝐊𝐏𝐌𝐆: 𝐎𝐛𝐬𝐞𝐫𝐯𝐚𝐭𝐢𝐨𝐧𝐬 𝐨𝐧 𝐍𝐢𝐠𝐞𝐫𝐢𝐚’𝐬 𝐍𝐞𝐰 𝐓𝐚𝐱 𝐋𝐚𝐰𝐬 ---𝘉𝘺 𝘗𝘳𝘦𝘴𝘪𝘥𝘦𝘯𝘵𝘪𝘢𝘭 𝘍𝘪𝘴𝘤𝘢𝘭 𝘗𝘰𝘭𝘪𝘤𝘺 𝘢𝘯𝘥 𝘛𝘢𝘹 𝘙𝘦𝘧𝘰𝘳𝘮𝘴 𝘊𝘰𝘮𝘮𝘪𝘵𝘵𝘦𝘦 We welcome all perspectives that contribute to a shared understanding and successful implementation of the new tax laws. We acknowledge that a few points raised by KPMG are useful, particularly those related to implementation risks and clerical or cross-referencing issues. However, the majority of the publication reflected a misunderstanding of the policy intent, a mischaracterisation of deliberate policy choices, and, in several instances, the repetition of opinions and preferences as facts. 𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐨𝐛𝐬𝐞𝐫𝐯𝐚𝐭𝐢𝐨𝐧𝐬 A significant proportion of the issues described as “errors,” “gaps,” or “omissions” by KPMG are either: - the firm’s own errors and invalid conclusions, - issues not properly understood by the firm, - missed context on broader reforms objec...
This morning a BRT bus knocked down a soldier at Palmgrove bus/stop.The soldier who was on his bike,died as a result of the accident.These triggered the soldiers in Abalti Barrack,after they were informed about the death of one of their own.The soldiers retaliated by locking Palmgrove bus/stop before they started destroying all the BRT buses coming that way.Most of the BRT bus drivers abandoned their buses that was set on fire by angry soldiers.Let us tell ourselves the truth,these BRT buses drivers are very reckless,they don't consider motorist.I don't support what the soldiers did,but i believe lack of patience would have been the cause.More photos below. 
MY GOD!!! Nigeria is a jungle, law protectors destroying properties,no wonder Nigerians mete out jungle to supposed thief's and kidnappers,they learnt this from those in authority.
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