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...

FEDERAL GOVERNMENT DECLARES TUESDAY 21ST AND WEDNESDAY 22ND AUGUST 2018 AS PUBLIC HOLIDAYS TO MARK EID-EL-KABIR.#PRESS RELEASE.

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     OFFICE OF THE PERMANENT SECRETARY
MINISTRY OF INTERIOR
PRESS RELEASE
The FederalGovernment has declared Tuesday 21st and Wednesday 22nd August as Public Holidays to mark the 2018 Eid-El-Kabir celebration.
The Hon. Minister of Interior, Lt. Gen (Rtd) Abdulrahman Bello Dambazau, Ph.D, CFR who made the declaration on behalf of the Federal Government enjoined Nigerians to use the period to embrace the virtues of love and sacrifice for the unity and development of the nation.
He called on Nigerians both at home and abroad to support the administration of President Muhammadu Buhari in its determination in ensuring a peaceful and united Nigeria.
The Minister wishes Nigerians Happy Eid-El-Kabir celebration.
Dr. Mohammed Bello Umar Permanent Secretary 16 August, 2018
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