SENATE ADJOURNS EMERGENCY PLENARY ON STATE POLICE OVER REP’S DEATH.

Image
 SENATE ADJOURNS EMERGENCY PLENARY ON STATE POLICE OVER REP’S DEATH. The Senate today suspended consideration of the highly anticipated State Police Bill and all other legislative business at its emergency plenary session to honour the memory of Hon. Yaya Tongo, a member of the House of Representatives, whose death cast a sombre mood over the National Assembly. The upper chamber had reconvened from recess amid expectations that lawmakers would accelerate action on the proposed constitutional amendment seeking to establish state police across the federation, a measure widely seen as a major step in the ongoing effort to reform Nigeria’s security architecture. However, proceedings were cut short after Senate President Godswill Akpabio announced the death of Tongo, who represented the Kwami/Funakaye Federal Constituency of Gombe State in the House of Representatives. Hon. Tongo passed away at Nizamiye Hospital in Abuja on June 12, 2026, following a brief illness. His death triggered a...

100BN REVENUE SHORTFALL: FG ORDERS CONTRACTORS TO SHOW TAX IDENTIFICATION NUMBERS BEFORE PAYMENT.#PRESS RELEASE.

Related image
         The Federal Government has ordered vendors of Ministries, Departments and Agencies (MDAs) to display their Tax Identification Numbers (TINs) on their invoices before payments are effected by the MDAs.
The Federal Government’s directive was handed down on Tuesday in Abuja by the Honourable Minister of Finance, Mrs. Kemi Adeosun to the Accountant General of the Federation, Alhaji Ahmed Idris.
The order is part of resolute efforts by the Government to block revenue leakages by the MDAs’ vendors. About N100 billion has been discovered as tax revenue shortfall by contractors between 2012 and 2017.
Adeosun, in a memo titled “Compliance with Tax Payments by Federal Government Vendors”, disclosed that persistent leakages in revenue remittances by vendors had been uncovered by the Government’s Project Lighthouse, a systemwide revenue intelligence data-warehouse.
The leakages, according to her, were due to lack of TIN particularly on Value Added Tax (VAT), Withholding Tax (WHT) and other related inflows into the government coffers
The Minister said, “In order to address these lapses in the implementation of the 2017 Budget as well as boost the revenue accruable to the Government, all MDAs should be directed to insist that invoices submitted by vendors for payments must clearly state the TIN.
“This is to confirm tax compliance by relevant government vendors before payments are effected.”
She added that the directive to the government vendors is in compliance with the provisions of both the Federal Inland Revenue Service (FIRS) and Procurement Acts of 2007 respectively.
The Minister stated that spot checks would be undertaken on MDAs to confirm compliance with the directive.
Signed:
Oluyinka Akintunde
Special Adviser, Media & Communications to the Hon. Minister
Federal Ministry of Finance 
  9th January, 2018
Related image

Comments