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July 3, 2023
The government increased the vehicle importation duty to 35 per cent.
June 24, 2023
They want due diligence carried out to determine whether the product a country wants to protect is of the right price or scarce.
June 8, 2023
The National Assembly published the Finance Bill, 2023 on 28th April 2023 that seeks to amend laws relating to various taxes and duties while proposing new taxes, regulations, and incentives. Kenya Association of Manufacturers (KAM) engaged its members on the Bill and thereafter presented to the National Assembly’s Departmental Committee on Finance and National Planning,…
May 31, 2023
Kenya Association of Manufacturers (KAM) appreciates the government’s continued support towards driving manufacturing sector growth. The National Assembly published the Finance Bill 2023 on 28th April 2023. The Bill seeks to amend laws relating to various taxes and duties such as the Income Tax Act, Value Added Act (VAT), Tax Procedures Act and Excise Duty…
May 17, 2023
By Esenvosa Izah Lagos, May 16 2023 The Nigeria Employers Consultative Association (NECA) on Sunday urged the Federal Government to suspend the implementation of its proposed tariff increases in the manufacturing sector. In a statement issued in Lagos, its Director-General, Mr Adewale-Smatt Oyerinde, also called for the reversal of the 2023 Fiscal Policy Measures (FPM). |
May 8, 2023
That the recently-introduced new Fiscal Policy Measures and Tariff Amendments (FPM 2023) missed the traditional fawning review of the national economic managers may have sent a strong message, perhaps, about the fast-dwindling popularity of such trite or that there are just too many of such hurriedly-prepared policies taking the attention of the inner circle.
May 3, 2023
Under the newly introduced taxes, the federal government will charge N75 per litre of beer, stout or wine imported into Nigeria
May 2, 2023
The ECOWAS Commission through the Private Sector Directorate organized a technical meeting with private sector actors and the UEMOA Commission to review implementation of the 2015–2020 Regional Private Sector Development Strategy and to provide guidance for the development of the new strategy to cover a ten-year period, 2023–2033. The meeting…
May 1, 2023
With about a month to the end of President Muhammadu Buhari’s administration,the Federal Government has introduced new set of taxes on alcoholic beverages, imported vehicles and single use plastics,