RESPONSE TO KPMG: OBSERVATIONS ON NIGERIA'S NEW TAX LAWS- BY PRESIDENTIAL FISCAL POLICY AND TAX REFORMS COMMITTEE. (PHOTO). #PRESS RELEASE.

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 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...
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A.P. OSINBAJO VISITED THE ABUJA COLLAPSED BUILDING SITE TODAY.{PHOTOS}.

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      Acting President Yemi Osinbajo visited the site of the collapsed building, this evening, in Utako, Abuja.
  A source said that emergency services are responding at the scene where a four-storey building has entirely collapsed in the Jabi area of Abuja,near Obafemi Awolowo Way and Solomon Lar Rd.Initiak reports indicate that at least two people have been killed,and three people have been transported to a nearby hospital,while an estimated 18 people are believed to be trapped under the rubble and debris.Expect increased activity and localized disruptions in the area as the search and rescue operation continues at the scene.More details and more photos below.
Image may contain: 6 people, people standingImage may contain: 11 people, people standing and crowdImage may contain: 2 people, people standing

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