Connect with us

News

EU Partners FIRS to Deepen CSOs Tax Knowledge, Compliance

Published

on

Kindly share this post

Determined to ensure accountability and transparency as part of its good governance drive in Nigeria, the European Union has engaged with the Federal Inland Revenue Service to deepen the knowledge of Civil Society Organisations on tax responsibilities and compliance.

The project captured under the European Union’s “Agents For Citizen-Driven Transformation,” ACT, provides a veritable platform for CSOs operating in the country to engage the FIRS on the tax regulations that govern their operations and how to ensure seamless compliance in line with approved guidelines.

The Federal Inland Revenue Service, FIRS, has clarified that civil society organisations, CSOs, including non-governmental organisations and cooperative societies have responsibilities under the tax laws to fulfill their tax obligations irrespective of the nature of their operations.

FIRS and the Joint Tax Board, JTB, in a webinar jointly organised by the FIRS and the European Union-funded, British Council-managed Agents for Citizen Driven Transformation, EU-ACT, programme emphasised that CSOs have the responsibility to file tax returns and statement of affairs; adding that the tax authorities would demand payment of taxes from CSOs only when the CSOs were engaged in businesses and make profits from the business ventures.

Executive chairman of FIRS, Muhammad Nami, represented by the coordinating director, compliance support group of FIRS, Dick Irri, in declaring the webinar open, said that FIRS would continue to partner with stakeholders in its drive to educate taxpayers on their responsibilities.

Director of the tax policy and advisory department of FIRS, Temitayo Orebajo, in his presentation on tax obligation of CSOs refuted claims by some individuals that CSOs have no tax obligation.

“There is a penalty for CSOs for not filing and there is a penalty for late filing. Whether you (CSOs) have something to do or not, you have the responsibility to file.

“After one year you are registered, in order not to run foul of the law, you need to go and file at least your statement of affairs. It may be just one page document”, he said.

Orebajo said that CSOs include organisations, institutions and companies engaged in ecclesiastical, charitable, benevolent, literary, scientific, social, cultural, sporting or educational activities of a public character, adding: “all CSOs are expected to register for tax purpose and obtain Taxpayer Identification Number, TIN.

“The following documents are required for tax registration: A copy of the registration certificate issued by the Corporate Affairs Commission, CAC, or any other instrument of registration; Certified True Copy, CTC, of memorandum and articles of association, constitution or rules and regulations governing the CSO; list and profiles of the Trustees/Board members nominated and other relevant documents.”

Deputy director of tax policy and advisory department, Olatunji Olabode, said that CSOs should file returns and pay taxes (where applicable) at MTOs closest to them or use the TaxPro Max Solution.

He added that with the introduction of TaxPro Max solution, CSOs can file returns and pay taxes from the comfort of their homes and offices.

Corroborating in his presentation, Orebajo noted: “NGOs are required to register for tax at designated FIRS Medium Tax Offices (MTOs) in their respective geopolitical zones. For Lagos: MTO Lagos Island; For North-Central: FCT MTO Abuja; for North-East and North-West: MTO Kano; South-East: MTO Enugu; for South-South: MTO Port Harcourt and for South-West: MTO Ibadan.”

“Section 55(1) of CITA mandates every company in Nigeria including CSOs to file annual tax returns. A tax return comprises: an audited account, tax and capital allowances computations and a true and correct statement in writing containing the amounts of its surplus from each and every source computed; a completed self-assessment form; particulars as may be required in the form with respect to profits, allowances, reliefs, deductions required; a declaration to be signed by a trustee, director, secretary or any authorised person of the organisation that the information contained in the return is true and correct; the period for filing returns shall be as stipulated in the relevant tax laws”, he said.

A representative of the JTB and its Head, Legal, Nneka Esomeju added that CSOs who are registered as individuals or Business Names or any other law at sub-national level should also comply fulfil their tax obligations under the Personal Income Tax Act and relevant with the State Board of Internal Revenue.

“If any CSO is not registered or overseen by the FIRS, they should register and file their returns and pay taxes (where applicable) to the State Board of Internal Revenue.

Not being registered with FIRS or CAC does not mean that you are exempted from taxes. She also clarified that any individual who earns income beyond the threshold of the minimum wage should pay taxes irrespective of the status of the individual.

Arewa Voice gathered that the programme also gave an opportunity for the CSOs to engage the Nigerian tax agency on parts of tax laws that concern them and how they could comply effectively and seamlessly.

The European Union Agents for Citizen-Driven Transformation (EU-ACT) Programme works with civil society organisations, CSOs, to enable them to be credible and effective drivers of change for sustainable development in Nigeria.

Its work focuses on strengthening the system of CSOs, networks and coalitions to improve their internal, external, and programmatic capabilities.

EU-ACT works with CSOs in 10 states selected across the six geo-political zones in the country: Adamawa, Borno, Edo, Enugu, the federal capital territory (FCT), Kano, Lagos, Plateau, Rivers and Sokoto.

The Programme also focuses on providing a platform for multi-stakeholder dialogue for an improved, effective, and inclusive regulatory environment for the operation of CSOs in Nigeria.


Kindly share this post

Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

Continue Reading
Advertisement
Comments

News

Telcos See Biggest Growth Post-COVID – ALTON

Published

on

Kindly share this post

Engr. Gbenga Adebayo, Chairman of the Association of Licensed Telecommunications Operators of Nigeria (ALTON), has said that the telecommunications sector in Nigeria is once again on a strong growth trajectory.

Telcos See Biggest Growth Post-COVID  – ALTON

Engr. Gbenga Adebayo, Chairman, ALTON

Engr. Adebayo stated this over the weekend on the side-lines of the unveiling of Nigeria’s first Digital Museum, an initiative that preserves and showcases the nation’s history and cultural heritage.

He commended IHS Towers for spearheading the project, describing it as another clear demonstration of the industry’s commitment to the Nigerian project. He noted that by investing in the preservation of Nigeria’s past while building the infrastructure of the future, IHS has set a remarkable example of corporate citizenship.

Speaking on the state of the telecoms sector, Engr. Adebayo said: “After addressing sustainability concerns earlier in the year, we are now witnessing significant new investments in the sector: the highest we have seen since before the COVID-19 pandemic. Members of ALTON are optimising networks, building new sites to meet rising capacity demands, upgrading existing infrastructure, and migrating more sites from old radio links to high-speed fibre connections.”

He further noted that Tower Companies (TowerCos) are enhancing security across telecom sites to mitigate against vandalism and theft. “Removable batteries and generators are now fitted with trackers to trace stolen items, and we strongly advise the public to desist from buying equipment suspected to have been stolen from telecom sites,” he cautioned.

Engr. Adebayo also highlighted ongoing capacity development within the sector: “We are training and retraining our workforce to adapt to emerging technologies. The Nigerian Communications Commission (NCC) has set strict service level requirements, and we are committed to not only meeting but surpassing them. Though network optimisation may occasionally cause service disruptions, we appeal to the public for understanding as these efforts will ultimately deliver a much-improved user experience nationwide.”

On industry governance, the ALTON Chairman expressed delight at the inauguration of the new Board of the NCC, chaired by Mr. Idris Olorunimbe.

“We are very excited about the appointment of Mr. Idris. His reputation as a man of excellence precedes him. Working with the competent and visionary Executive Management Team led by the Executive Vice Chairman, Dr. Aminu Maida, and the other Executive Commissioners, we are confident the sector is set on the right path to sustainability and growth. The new Board will strengthen the remarkable progress already achieved.”

Engr. Adebayo further welcomed the rebranding of Emerging Markets Telecommunications Services (EMTS) from 9Mobile to T2, describing it as an important milestone for the industry.

“EMTS is a very important member of ALTON, and we are pleased to see their rebirth as T2. This rebranding enhances investor confidence and underscores the value of collaboration. It assures the public that there are good times ahead for our industry, and we are very excited about what the future holds,” he stated.

Turning to issues of Right of Way (RoW), Engr. Adebayo stressed that investments can only thrive in enabling environments:

“The digital train is moving very fast. States that create hostile conditions for telecom operations risk being left behind. We will not continue to solicit endlessly for cooperation. Where deployment is unwelcome, investments will move to more supportive neighbouring states, and citizens of unfriendly states will inevitably suffer limited connectivity. We urge all state actors to partner with us so that no one is left behind in this rapid transformation.”

On the issue of multiple taxation, Engr. Adebayo commended the Federal Government under the leadership of President Bola Ahmed Tinubu, particularly the Presidential Tax and Fiscal Policy Reform Committee, for its ongoing reforms. Engr. Adebayo described the reforms as a pivotal step toward streamlining Nigeria’s tax system and eliminating the burden of multiple taxation. He highlighted the positive impact on small and medium-sized businesses, noting that the changes will promote entrepreneurship, attract investment, and foster a more business-friendly environment.

“We eagerly await the commencement of the implementation in January 2026. We are confident that the over 56 taxes and levies currently borne by our members across various jurisdictions will soon become a thing of the past.”

Engr. Adebayo concluded by appreciating all industry stakeholders and reaffirming ALTON’s commitment to the Nigeria project:

“The transformation we are witnessing in our sector has not been experienced in recent years. We thank the leadership of the NCC for their commitment, we congratulate and welcome the new Board under the leadership of Mr. Idris Olorunimbe, and we look forward to even greater milestones ahead.

The industry is on the march again, and together, with the support of the public in protecting our critical infrastructure, there is no stopping Nigeria’s telecommunications sector as a driver of national economic stability and growth.”


Kindly share this post
Continue Reading

News

NITDA, Bauchi State Partner on Digital Literacy and Skills Framework

Published

on

Kashifu Inuwa, CCIE, the Director General of the National Information Technology Development Agency (NITDA), represented by Director of the DG’s Office, Dr. Ayodeji Eniola, who presented an overview of the Digital Literacy for All (DL4ALL) programme at the launching of the Digital Literacy and Skills framework for Bauchi State.
Kindly share this post

By James Ishaku

The Bauchi State Government, through the state’s Bureau for ICT and Digital Economy in partnership with the National Information Technology Development Agency (NITDA), has officially launched the Digital Literacy and Skills Framework (DL4ALL Bauchi Initiative), a flagship programme aimed at equipping citizens with essential 21st-century skills and positioning the state as a hub for digital innovation.

Declaring the event open, Bauchi State Governor, Senator Bala Mohammed, described digital literacy as a fundamental right for all citizens. He positioned the initiative as part of a broader vision to prepare youth and civil servants to compete globally, create productive jobs, and address poverty through technology.

“Technology and innovation are the fastest-growing industries in the world,” the Governor said. “With the right skills, people can now create sustainable value from anywhere—even from their own homes. This is how we will empower our youth, strengthen institutions, and enable our entrepreneurs to succeed globally. Beyond digital literacy, we are committed to producing an army of experts in advanced digital skills who will drive innovation and economic diversification.”

The Governor emphasised that the ultimate goal is to create productive jobs, “jobs that provide lasting value, fight poverty, and restore dignity.” He noted that over the last six years, the state has invested heavily in infrastructure to open up the economy and connect the vast potential of its youth to global markets.

Speaking on behalf of NITDA’s Director General, Kashifu Inuwa Abdullahi, the Director of the DG’s Office, Dr. Ayodeji Eniola, commended Bauchi State for “taking a bold step towards ensuring the state is not left behind in the ongoing global digital revolution.”

The DL4ALL Bauchi Initiative aligns with NITDA’s Strategic Roadmap and Action Plan 2.0 as well as the National Digital Literacy Framework (NDLF), which focuses on six core competencies: device and software operation, information and data literacy, digital content creation, communication and collaboration, safety, and problem-solving.

The DL4ALL Initiative is anchored on three strategic programs, firstly, the informal sector program which equips artisans, traders, and other informal workers with practical digital skills. In partnership with the National Youth Service Corps, NITDA has recruited and trained 7,101 Digital Literacy Champions who have already reached over 267,000 Nigerians, with a target of 30 million beneficiaries by 2027.

Secondly the workforce readiness program which provide the public servants, graduates, and job seekers with digital productivity and employability skills. NITDA plans to train five million workers nationwide, collaborating with partners such as Cisco and the Office of the Head of Service.

Lastly, the educational sector program which integrates digital literacy into school curricula. A new Basic Education Digital Skills Curriculum, approved in October 2024, will roll out in September 2025, alongside plans to train 3,600 teachers nationwide.

Inuwa further noted that Nigeria’s greatest resource is its young population. “With Bauchi’s abundant human capital and strategic position in northern Nigeria, the state has enormous potential to become a hub for digital innovation and economic transformation,” he said.

He noted that Nigeria’s greatest resource is its young population. “With Bauchi’s abundant human capital and strategic position in northern Nigeria, the state has enormous potential to become a hub for digital innovation and economic transformation,” he said.

In his remarks, the Director General of the Bauchi State Bureau for ICT and Digital Economy, Malam Hayatudeen Babamaji, said the event was “not just about launching a programme, but about setting a bold agenda for the digital future of Bauchi State.”

He reaffirmed the state’s commitment to becoming a leading high-security digital hub in Northern Nigeria and across the country, creating jobs and generating revenue through technology-driven growth.

He added that Bauchi State has taken a historic step towards building a secure, inclusive, and globally competitive digital economy aimed at bridging the digital skills gap in the state, thus paving way for the creation of jobs and revenue flow for the state.

The event attracted senior government officials, technology leaders, development partners, and members of the State House of Assembly, marking a significant milestone in Bauchi State’s journey towards a secure, inclusive, and globally competitive digital economy.

 


Kindly share this post
Continue Reading

News

CAC Delists 247 Firms Over Invalid Registration Claims

Published

on

Kindly share this post

Corporate Affairs Commission (CAC) has announced the removal of 247 companies from its official database, citing improper registration.

In a public notice shared via its official X handle on Friday, the Commission stated that the affected entities were never duly registered as limited liability companies.

According to CAC, the Registered Certificate (RC) numbers allegedly linked to these companies were never assigned to them, rendering their incorporation invalid.

As a result, the Commission has delisted the companies and removed their names and RC numbers from its records.

The CAC urged the general public to disregard any claims suggesting that these companies exist as legal entities or possess any rights or obligations under Nigerian law.

This move is part of the Commission’s ongoing efforts to maintain the integrity of its corporate registry and protect the public from fraudulent business operations.


Kindly share this post
Continue Reading

Trending