EFCC ARRAIGNS AUSTRIAN FOR UNDECLARED $800,585, €651,505 AT LAGOS AIRPORT. (PHOTO). #PRESS RELEASE.

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 EFCC Arraigns Austrian For Undeclared $800,585, €651,505 At Lagos Airport The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Directorate 2, Okotie Eboh, Ikoyi, Lagos, on Friday, January 9, 2026, arraigned one  Kavlak Onal, an Austrian national arrested by the Nigeria Customs Service, NCS, for allegedly failing to declare the sums of $800,575 and €651,505 in his possession. He was arraigned before Justice Yelim Bogoro of the Federal High Court sitting in Ikoyi , Lagos.  Onal who was scheduled to travel on Emirates Airline to Dubai, was on Tuesday, December 16, 2025 intercepted  during a routine check at the AML/ CFT Currency Declaration Desk at the Murtala Muhammed International Airport, Ikeja, Lagos.

TINUBU GOVT ANNOUNCES PLANCE TO COLLECT TAX FROM MARKET TRADERS, INFORMAL SECTOR. (PHOTO).


Tinubu govt announces plan to collect tax from market traders, informal sector

President Bola Ahmed Tinubu government has announced the Value Added Tax Direct Initiative to enable FG to collect taxes from the informal sector.

The Federal Inland Revenue Service, FIRS, disclosed this in a statement through its Twitter handle on Monday.

FIRS is expected to partner with the Market Traders Association of Nigeria, MATAN, to collect & remit VAT from their members, especially those in the informal sector.

 

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