KADIRS WARNS RESIDENTS AGAINST FAKE REVENUE COLLECTORS, INTRODUCES E-DEMAND NOTICE AS SOLE PAYMENT AUTHORIZATION. (PHOTO).

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 KADIRS Warns Residents Against Fake Revenue Collectors, Introduces E-Demand Notice As Sole Payment Authorization The Kaduna State Internal Revenue Service (KADIRS) has cautioned taxpayers and residents of Kaduna State against making revenue payments without first obtaining an official E-Demand Notice (Pay Advice), warning that fraudsters may exploit outdated payment processes to defraud the public. In a public announcement issued on Thursday, KADIRS said the move forms part of its ongoing efforts to automate revenue collection and enhance transparency across the state.  The agency disclosed that manual demand notices previously used for Local Government revenue collection have been phased out and are no longer recognized. According to KADIRS, the E-Demand Notice (Pay Advice) has officially replaced the former Local Government Harmonized Demand Notice and is now the only valid document for on-the-spot taxpayer assessment through the state's Central Billing System. The Service ...
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PRESIDENT BUHARI RESTORES OWNERSHIP OF OML 123, OTHERS TO NNPC.{PHOTO}.#PRESS RELEASE.

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In line with the current administration’s commitment to the rule of law, fairness and enabling a stable business climate for investment, President Muhammadu Buhari has approved the restoration of the leases on OMLs 123, 124, 126 and 137 to the Nigeria National Petroleum Corporation, NNPC which is in production sharing contract with Addax Petroleum, a company wholly owned by Government of the People’s Republic of China on the blocks. The leases belonging to the Federation were revoked on March 30, 2021.
This development reaffirms the commitment of President Buhari to the rule of law and sanctity of contracts.
While directing the Department of Petroleum Resources, DPR to retract the letter of revocation of the leases, the President also directed NNPC to utilize contractual provisions to resolve issues in line with the extant provisions of the Production Sharing Contract arrangement between NNPC and Addax.
The restoration of the blocks to NNPC will boost the organisation’s portfolio, thereby making the Corporation to, in the long run, boost its crude oil production and in turn increase the revenue it generates to the Federation Account.
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
April 23, 2021.

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