HERDSMEN KILL DRIVER ON HUMANITARIAN MISSION IN TARABA STATE. (PHOTO).

-
Image
 HERDSMEN KILL DRIVER ON HUMANITARIAN MISSION IN TARABA STATE  10th January, 2026      A commercial driver, Mr. Amishe Omeny, has been killed by suspected Fulani herdsmen while on a humanitarian visit to a displaced community in Takum Local Government Area of Taraba State. The deceased, from Tse Amise after Tseem, was reportedly attacked on Friday within Chanchanji Ward as he travelled to Adokia, a displaced settlement located after Tseem Sabe. He was said to have gone to the area to assist villagers with the transportation of foodstuffs. Sources in the community told Benue Info-pedia, that Omeny volunteered his services as a driver to support residents affected by ongoing insecurity, when he was ambushed and killed by the assailants. The killing has sparked grief and outrage among residents, who described the incident as tragic and senseless. They called on security agencies and the Taraba State Government to urgently step up protection for displaced communitie...
Post a Comment

NEW BILL MANDATES TAX ID FOR OPENING BANK ACCOUNTS. (PHOTO).

-


 New bill mandates tax ID for opening bank accounts


A new bill has been proposed in Nigeria that will require individuals engaged in banking, insurance, stock-broking, or other financial services to provide a Tax Identification Number as a precondition for opening a new account or operating an existing one.

According to the bill, titled “A Bill for an Act to Provide for the Assessment, Collection of, and Accounting for Revenue Accruing to the Federation, Federal, States, and Local Governments; Prescribe the Powers and Functions of Tax Authorities, and for Related Matters”, this legislation aims to enhance tax compliance and improve the country’s revenue collection process.

The bill, obtained from the National Assembly and dated October 4, 2024, stated, “A person engaged in banking, insurance, stock-broking, or other financial services in Nigeria shall make the provision of a tax ID, a precondition for opening a new account or operating an existing account.”

This requirement is part of broader efforts to ensure that all individuals and entities participating in financial activities are properly registered for tax purposes.

The bill also outlines that any non-resident person supplying taxable goods or services to any individual in Nigeria or deriving income from the country must register for tax purposes and obtain a Tax ID.

However, non-resident individuals who derive only passive income from investments in Nigeria will not be required to register, although they must provide relevant information as prescribed by the relevant tax authority.

The proposed legislation also empowers the relevant tax authority to automatically register and issue a Tax ID to individuals who should apply for one but fail to do so.

In such cases, the tax authority is required to promptly notify the individual of their registration and the issuance of the tax ID.

Failure to comply with these requirements may result in administrative penalties. According to the bill, a taxable person who fails to register for tax will incur a penalty of N50,000 in the first month of non-compliance, followed by N25,000 for each subsequent month.

Comments

Post a Comment

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

-
Image
             Gerard Pique,welcomed their first child into the world last year January.Shakira told the magazine that ''I think it takes two to keep it passionate in relationships,a lot of laughter and a lot of fun moments together,that's essential but also affinity,you know.You have to be compatible.I'm really happy where i am right now,with the person that i'm with right now.He seems to want the same things i want,and that's very important''.More pictures below.                                                                                                                    
Read more

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma ...
Read more

TINUBU ANNOUNCES ARRIVAL OF 4 U.S ATTACK HELICOPTERS. (PHOTO).

-
Image
 Tinubu announces arrival of 4 US attack helicopters President Bola Tinubu has stated that four attack helicopters will soon arrive in the country from the United States amid rising insecurity. Speaking at a meeting with a delegation of the Christian Association of Nigeria, led by its President, Archbishop Daniel Okoh, at his Lagos residence, on Friday, Dec. 26, Tinubu revealed that the Federal Government had ordered four attack helicopters from the U.S, adding that they will arrive in the country “soon”. He said: “Our orders for four attack helicopters from the United States of America will take some time to arrive. We have approached Turkey for assistance.” The President, however, stated that the delays were affecting the public’s perception of the administration’s commitment to addressing the security challenges. He also said community and state police will become a reality. “Community and State Police will be a reality once the National Assembly completes the required legislati...
Read more