by admin | Sep 12, 2019 | pedabo-insights, Uncategorized
The President of the Federal Republic of Nigeria recently signed into law the new Nigeria Police Trust Fund (Establishment) Act, 2019 (“the Act”). This Act establishes the Nigeria Police Trust Fund (“the Fund”) in favour of the Nigerian Police Force (“the Police”)....
by admin | Sep 5, 2019 | pedabo-insights, Uncategorized
Poor corporate governance has been the Achilles’ heel of many corporations worldwide. Nigeria is not immune to this fact, especially as corruption is prevalent in the nation. The attention of the world was drawn to major corporate governance issues in Nigeria in 2007...
by admin | Mar 21, 2019 | pedabo-insights, Uncategorized
The news of the passage of the National Housing Fund (Establishment) Bill (“the proposed Act”), recently broke. The Bill is intended to largely replace the existing National Housing Fund Act Cap N45, Laws of the Federation of Nigeria 2004. The objective of the new law...
by admin | Jan 9, 2019 | pedabo-insights, Uncategorized
Lagos State Internal Revenue Service (LIRS) on Thursday, 3rd January 2019 issued a public notice appointing employers and payers of capital sums as collecting agents of payees for the purpose of deducting and remitting Capital Gains Tax (CGT) due on the respective...
by admin | Sep 24, 2018 | pedabo-insights, Uncategorized
The Federal High Court has set aside the Tax Appeal Tribunal (TAT) ruling of 2012 exonerating Gazprom Oil & Gas Nigeria Limited (Gazprom) from paying VAT on services supplied to it by non-resident entities. Gazprom had appealed to the TAT against VAT assessments...
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