Tuesday, 8 March 2016

LIRS INTRODUCES NEW TAX MEASURES.... Goes tough on evaders

Lagos State Internal Revenue Service ((LIRS) has announced various initiatives aimed at achieving efficient tax administration in the State. The Executive Chairman of LIRS, Mr. Olufolarin Ogunsanwo made this known on Tuesday March 8, 2016 held at Lagos Press centre, Alausa, Ikeja in the company of the House Committee Chairman on Finance, Lagos State House of Assembly, Honorable Oluyinka Ogundimu, Lagos State Commissioners for Finance, Mr. Mustapha Akinkunmi, Information and Strategy, Mr. Steve Ayorinde and the Attorney General of the State, Mr. Adeniji kazeem.

 According to Ogunsanwo, the agency has consistently been at the vanguard of reform activities aimed at easing the process of doing business in Lagos State in particular and by extension Nigeria, thereby championing several initiatives aimed at supporting His Excellency, Governor Akinwunmi Ambode, in achieving his electoral promises to Lagosians.

Among the initiatives is the introduction of a new two-page tax form to replace the old six-page form which is to be used for both direct and self assessments. He stated that the revised form and its guide notes would be translated to Pidgin English and Yoruba for ease of completion and wider reach"

In the same vein, the chairman noted that physical filing of Annual Returns is already being complemented with e-submission (on-line submission of Annual Returns) to ease compliance by Tax Payers. 

Another initiative by the LIRS according to the chairman is the introduction of  customer-care desk in all the 38 Tax Stations to deal promptly with all issues that may be brought up by tax-payers saying the initiative will be complemented with the launch of LIRS Hotline that will provide 24/7 customer-call service in English, Yoruba and Pidgin English.

The chairman emphasized that payment for tax should be made convenient and because of this the agency is leveraging on technology to offer multi-modal payment portals including but not limited to PoS, mPay, online, etc without sacrificing the traditional/extant payment portal at the bank thereby taking payment portals to the tax payers for their convenience.

Furthermore, Ogunsanwo pointed out that the agency has concluded all arrangements to ensure that maximum response time of 72 hours to all electronic tax clearance certificate (e-TCC) requisitions is met and failure should be reported to any of customer care-desks.

Meanwhile the chairman disclosed that the current cumbersome requirements for replacement of lost e-TCC such as Police Report, Sworn Affidavit etc are to be waived and replaced with presentation of LASRRA Card while the replacement fee is to be reduced from N2,500= to N1,000= only.

Specifically the chairman stated that the agency has commenced the process of overhauling of the informal sector operations with a view to easing voluntary compliance by tax payers in this huge sector  that have been categorized into three which include the  Market Men/Women and Artisans,  Micro, Small & Medium Scale Enterprises (including Professionals) and Household Domestic Staff (HDS).

In view of the declining revenue from the centre as a result of fall in the price of crude oil, Ogunsanwo revealed that LIRS is poised to focusing on other revenue sources such as Consumption Tax from Hotel Occupancy, Withholding Tax on Contracts, Rent, Royalties and other areas to shore up the Revenue in the State.

Speaking at the event, the State Attorney General and commissioner for Justice Mr. Niji Kazeem said the administration of Governor Ambode had put in place necessary measures to end the era of tax evasion and indeed avoidance in the state, adding that tax avoiders and evaders would be aggressively pursued in line with the provisions of the law.

The Commissioner disclosed that the Ministry of Justice had established a Rapid Tax Prosecution Unit to aid the Lagos Internal Revenue Service (LIRS) in its drive to collect taxes, added that the unit would work closely with the Revenue Courts, which the Chief Judge of Lagos State recently agreed to set up.

The Commissioner for Finance, Mr. Mustapha Akinkunmi said in the light of the reduction of federal transfers to States including Lagos, the State government was looking inwards to secure sustainable ways of increasing its revenue profile and plugging leakages in the system.

Other critical stakeholders in attendance at the well attended press conference were President, Chartered institute of Taxation of Nigeria (CITN), Mrs Olateju Somorin,Vice president, Lagos State Chambers of Commerce and Industry (LCCI), Mrs. Agnes Shobajo, representatives of  Association of professional Bodies of Nigeria (APBN), Manufacturers Association of Nigeria (MAN), Market Men and Women Associations of Nigeria, Nigeria Association of Small and Medium Enterprises (NASME) among others.

Monday, 7 March 2016

GANI ADAMS HAS BOOSTED OLUMO FESTIVAL - Alake of Egbaland

HRM Oba Adedotun Gbadebo, the Alake of Egbaland  has commended the efforts of Otunba Gani Adams, (Chief Covener, Olokun Festival Foundation) for his contribution towards revival of the cultural heritage of the yoruba race.

He made this statement at the palace during the grand finale of the week long activities marking the 30th Anniversary of the Lisabi Festival on March 5, 2016. 

"I want to commend Otunba Gani Adams for his immense contribution towards the success of Olumo Festival yesterday. He came there with about 10,000 of his men. He organised different activities which added color to the event. He has been doing this consistently for the past few  years . God will continue to bless you. “ stated the Alake.

The event which was graced by eminent sons and daughters of Egbaland also had  Governor Ibikunle Amosun and his cabinet members in attendance. During his speech  Governor Amosun too  said  "I want to specially thank my friend and brother Otunba Gani Adams  for supporting this festival. You are highly appreciated."

Prior to the Olumo Festival, Miss Olumo Beauty Pageant held at the  Centenary Hall, Ake, Abeokuta on Friday March 4 , 2016. In a keenly contested competition 19yr old Miss Nneka Sunday,  a 200 level Business Administration student of Federal School of Statistics, Ibadan, Oyo State., emerged as Miss Olumo 2016, Miss Olumo 2015 majestically handed over after her successful reign.

Miss Kehinde Kujore, 200 level Economics undergraduate of National Open University and  Miss Mosunmola Omotayo, 300 level Political Science student of Olabisi Onabanjo University emerged the first and second runners up respectively.

The star prize a saloon car was presented to the queen during the Olumo  Festival  where fuji icon  Shefiu Alao  entertained the distinguished guests while Mc Kirikiri anchored event.

The first and second runners up got  N75,000 and N50,000 respectively.

Sunday, 6 March 2016

BREAKING NEWS :Minister of State for Labour, James Ocholi, Wife, son die in car crash


Nigeria’s minister of State for Labour and Productivity, James Ocholi, his wife, son and four others died in a fatal car crash today.
Ocholi, a Senior Advocate of Nigeria, reportedly died in the accident  along the Kaduna-Abuja highway. 

Ocholi and his family were said to be returning to Abuja from Kaduna when the accident occurred..

The presidency is yet to make any official pronouncement on Ocholi’s death.

I DIDN'T USE CHURCH MONEY FOR MY BIRTHDAY PARTY IN DUBAI -Pastor Fatoyinbo (COZA)

Pastor Biodun Fatoyinbo of COZA, Abuja, had been under fierce public criticism for having an expensive all-white yacht birthday party in Dubai last month. 

He  found the perfect opportunity to address  the controversial issue when his Facebook friend or fan Augustine Adiukwu politely asked him  what  informed his Dubai  venue.

Below is the question and his  response.

Woman Dies in Elevator With Power Improperly Cut Off

The discovery of a woman's corpse in an elevator in the Chinese city of Xi'an has led to the detention of an elevator maintenance crew who improperly cut off power to the elevator a month ago without checking if anyone was inside.

In a statement posted Saturday, the Gaoling district government said two maintenance workers turned off the
power source on Jan. 30 to the elevator in a residential building after they were called to check on a glitch.

When a crew returned a month later, on March 1, for repairs, they found a female corpse there, the government
said.
The woman was identified as a 43-year-old resident who was living by herself. Police ruled out any foul play but
concluded her death was caused by the gross negligence on the part of the maintenance crew in a case of
involuntary manslaughter.

China has poor records on workplace safety where proper safety procedures and practices are routinely ignored.
In July, a Chinese woman was killed when she was
swallowed by a mall escalator when a metal platform on top of the escalator suddenly caved in. She was holding
her two-year-old son then but tossed the child to safety when she fell into the crevice.

CLARION CHUKWURAH FINDS LOVE AGAIN... MEET HER CUTE HUBBY!

Star actress Clarion Chukwurah could not hide the excitement of her new found relationship when she blew it to the world via her Facebook page.

She  simply said "History made, destiny fulfilled..me and Hubby on River Street, Savannah. Georgia.".

Identity of her 'hubby ' as well as status of the relationship can not be ascertained  for now  but  what is clear with her broad smile in the  picture is that Clarion is in love  again and not afraid to share her good news.

We wish her the best.

POLICE RESCUE KIDNAPPED LAGOS SCHOOLGIRLS.... ARRESTS ABDUCTORS

Police have rescued the three female students of Babington Macaulay Junior Seminary in Ikorodu, Lagos, kidnapped recently by some gunmen.

The girls were said to have been rescued in an overnight operation by the police while some of the abductors were also arrested.

The Lagos State Police spokesperson, Dolapo Badmos, confirmed this development.

“Yes, the girls have been rescued safely by the police in an overnight operation. We also made some arrests,”

 member of the gang who took part in the abduction was said to have been arrested by operatives of the Inspector General of Police Special Intelligence Response Team (IRT) lead by CSP Abba Kyari.

The IRT operatives were joined by men of the Lagos State Special Anti-Robbery Squad (SARS), Ikeja.

Timilehin Olusa, Tofunmi Popo Olaniyan and Deborah Akinayo were abducted by 15 gunmen suspected to be pipeline vandals dislodged by a special security task force codenamed Operation Awatse