Royal Times of Nigeria.
  • News
    • Politics
    • World
  • Opinions
    • Editorial Opinion
    • Advertorial
  • Metro
  • Lifestyle
  • Foreign
  • Sports
  • Editorial Policy
TRENDING
NCDC confirms 157 Monkeypox Cases, Four deaths
Troops Kill Boko Haram Commander, 27 Others In...
Ex-Minister, Bolaji Abdullahi to speak at Kwara NUJ...
Governor Abdulrasaq fed Kwarans Lies Against us –...
Strike: We can no longer enter into unimplementable...
Atiku, Wike Reconciliation Will Not Fail, Says Prof...
NAF jets take out commander, key terrorists in...
Nigeria’s economy on brink of collapse, NECA raises...
Rivers Governor Raises Alarm Over Alleged Recruitment Of...
Israel-Gaza: Death toll rises as Israel reportedly kills...
Disengaged Kwara Teachers Call on Government to Reconsider...
Osun governor-elect promises to defend mandate at tribunal
JAMB registrar appeals to Federal Government, ASUU to...
ASUU replies Keyamo, says Federal Government using delay...
Kwara NAFDAC Charges Nigerians on World Breastfeeding Week

Royal Times of Nigeria.

Banner
  • News
    • Politics
    • World
  • Opinions
    • Editorial Opinion
    • Advertorial
  • Metro
  • Lifestyle
  • Foreign
  • Sports
  • Editorial Policy
News

Federal Government recruits 2,190 new tax officers

written by Samuel Etuk November 27, 2017
Federal Government recruits 2,190 new tax officers

Minister of Finance, Mrs Kemi Adeosun says the Federal Government has recruited and trained 2,190 Community Tax Liaison Officers (CTLOs) under the Voluntary Assets and Income Declaration Scheme (VAIDS).

Adeosun, in a statement by her Special Adviser, Media and Communications, Mr Oluyinka Akintunde, said that 1,710 CTLOs had already been deployed to 33 states, out of the number recruited and trained.

She said that their task was to raise awareness about the scheme and taxation in general.She said that the CTLOs were currently operating in Adamawa, Cross River, Delta, Edo, Enugu, Kaduna, Kwara, Lagos, Nassarawa, Niger, Ogun and Oyo states among others.

The minister said there was no hiding place for tax evaders residing in Nigeria or abroad, noting that the Federal Government had put in place a data mining mechanism to fish out evaders.

She said, “The unique cooperation between the various arms of Federal Government, state governments and foreign governments has provided an unprecedented level of data that allows the Nigerian Government to profile taxpayers accurately.

“We are now able to identify those whose lifestyle and assets are not consistent with their declared income.

“A lot of data mining is going on daily, both locally and internationally, on property ownership and other items. Data is an extremely powerful tool that is now being utilized.

“For instance, we have reviewed all companies that received major payments from the Federal Government in the last 5 years and found that even those who made money from government, under-declared,”.

Adeosun said that the tax compliance team had looked at import records and compared the value of goods imported to the tax declarations of the importers, but the discovery was worrisome as “the variance was disturbingly wide”.

“On personal income taxes, we reviewed property and company ownership as well as registration of high value assets and foreign exchange allocations, which gives us a sense of the lifestyles of the persons.

Join our twitter community :

Follow @royaltimesng
0 comment
0
Facebook Twitter Google + Pinterest
Samuel Etuk

Passionate unapologetic Nigerian, highly spontaneous, web content writer cum social media strategist, gidi hustler and Akwa-ibomite in diaspora

previous post
Luxury cars, alcohol to attract special taxes
next post
Amate wins 2017 CBN Governor’s Cup golf competition

You may also like

Kwara Gender Conference: Panelists harp on political will,...

October 2, 2020

Federal Government accuses El-Zakzaky of ‘becoming unruly abroad’

August 15, 2019

Sri Lanka ends search for garbage survivors as...

April 19, 2017

Qatar gets fresh deadline from neighbours

July 3, 2017

Uganda resumes commercial flights

October 2, 2020

Labour hits back at Kogi government , says...

March 23, 2022

FG set to publish names of suspected looters

October 19, 2017

#EndSARS: Protest Turns Violent as Thugs Burn Cars,...

October 20, 2020

Ighalo’s €10,000 transfer money with sports ministry –...

October 2, 2020

Produce Kanu or face ar, IPOB warns

October 17, 2017

Leave a Comment Cancel Reply

Facebook
  • Meet WiNQY: The Entertainment & Media Professional Here To Make A Mark

    July 27, 2022
  • July 25, 2022
  • Fans celebrate Wizkid as he clocks thirty-two

    July 16, 2022
  • Sound Sultan’s posthumous project “Reality CHQ” drops

    July 11, 2022
  • Wizkid expresses love for Burna Boy, Davido at Afronation concert

    July 4, 2022
  • Women’s Africa Cup of Nations: Super falcons set to meet Morrocco

    July 18, 2022
  • Dembele Ends speculation agrees two years deal with Barcelona

    July 14, 2022
  • Martinez in advanced talks with Manchester United

    July 14, 2022
  • Super Falcons head coach said Top Level Performance needed to Beat Cameroon

    July 14, 2022
  • The Super Falcons arrives Casablanca, Morocco ahead of quarter-final clash against Cameroon

    July 13, 2022
  • Facebook
  • Twitter
  • News
    • Politics
    • World
  • Opinions
    • Editorial Opinion
    • Advertorial
  • Metro
  • Lifestyle
  • Foreign
  • Sports
  • Editorial Policy

@2017 -Royaltimes of Nigeria. All Right Reserved.

Posting....