Connect with us

Economy

Dangote backbone of Nigeria’s agric sector — NAFN

Published

on

Dangote backbone of Nigeria’s agric sector — NAFN

 

By Admin Nov. 22, 2023

 

The National Agricultural Foundation of Nigeria, NAFN, has described the Dangote Group as one of the major contributors to the development of agricultural sector in the country.

 

Speaking at the opening ceremony of the 2023 National Agricultural Show, the National Coordinator of the NAFN, Dr Samuel Negedu, described the Dangote Group as a colossus and the backbone of the country’s agricultural sector.

 

He said the company is building rice mills that will greatly support the Nigerian government in its drive towards achieving food security in the country, according to statement by Corporate Communication Unit of the Dangote Group on Wednesday.

 

He thanked the company and Alhaji Aliko Dangote for building what he described as the largest fertilizer plant in Africa.

 

“The Dangote Group is also the major sponsor of the ongoing 2023 National Agricultural Show,” he said.

 

Speaking at the event, the Minister of Agriculture and Food Security, Senator Abubakar Kyari, said the government has immediate and short-term plans for developing a standard framework for the ease of doing agricultural business in the country.

 

“Over time, agricultural shows have become veritable tools for showcasing the latest developments within the agricultural sector. It brings people together to network, to do business, and to give the public a glimpse into farming life. It also provides a hub for the farming and rural communities to meet, exchange ideas, and, above all, have a few days away from the farms”, the minister said.

 

The Deputy Governor of Nasarawa State, Dr Emmanuel Akabe, urged stakeholders to invest massively in agriculture to transform Nigeria into a country for food security and value chain addition.

 

Speaking also, Chairman Board of Trustees of the National Agricultural Foundation of Nigeria (NAFN), Arch Kabiru Ibrahim said this year’s theme: Towards the Realization of Presidential Declaration of Emergency on Food Security, is apt.

 

He said the theme was, “chosen in recognition of the need for all stakeholders in Nigeria to work towards the actualization of the resolve of the administration of President Tinubu to address the challenges of food security.”

 

Arch Ibrahim who is also the National President of the All Farmers Association of Nigeria (AFAN) said that to scale up food security, there is a need to incentivize smallholder farmers (SHFs) through supports for seedlings.

About The Author

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Economy

Kano unveils eeZitax platform for filling tax returns, urges compliance

Published

on

By

Kano unveils eeZitax platform for filling tax returns, urges compliance

The Kano State Internal Revenue Service (KIRS) has unveiled unveiled eeZitax, an online platform for filling returns.

Zaid Abubakar, Executive Chairman of KIRS, made the announcement on Friday in Kano.

According to him, taxpayers can access the platform at etax.kirs.gov.ng, where they can follow prompts to complete and submit their annual tax returns electronically.

“A user guide is available at https://etax.kirs.gov.ng/manuals. The deadline for filing annual tax returns is January 31, 2025,” he explained.

He reminded taxpayers that failure to file returns by this date constitutes an offence under Section 41(1) and (2) of the Personal Income Tax Act 2011 (as amended).

The KIRS Chairman urged all employers to file their tax returns before the deadline to avoid penalties.

Abubakar then stressed that the returns should detail each employee’s total emoluments, any applicable tax reliefs, and the total tax deducted.

The chairman further announced that all corporate organisations were required to file their tax returns through the new online platform.

He also warned that non-compliance with the deadline will attract a penalty of N500,000 as provided under Section 81(3) of the Personal Income Tax Act 2011 (as amended.

About The Author

Continue Reading

Economy

Kano revenue service unveils initiative to boost revenue growth

Published

on

By

The Kano State Internal Revenue Service (KIRS) has launched a new initiative aimed at significantly increasing the state’s revenue generation.
The initiative, unveiled at a ceremony on Monday, is part of the state government’s efforts to diversify its revenue sources.
Dr. Zaid Abubakar, Executive Chairman of KIRS, who spoke at the event, said the strategy focuses on enhancing revenue generation and improving service delivery.
He explained that the initiative would concentrate on improving tax collection, enhancing compliance, and optimizing technology in revenue management.
“Our vision is to become the most referenced sub-national revenue authority in Africa and to build a world-class tax system that is both sustainable and efficient, with a focus on optimizing revenue collection to drive economic growth in the state,” Abubakar said.
He emphasized the agency’s commitment to delivering value-added services to taxpayers, simplifying the tax process while ensuring fairness and transparency.
On the agency’s mission, he stated that KIRS seeks to create a tax system that benefits both the government and citizens by improving efficiency and ensuring optimal revenue generation.
“Our mission is to build a system that promotes accountability, fosters growth, and provides excellent services to the people of Kano State,” he added.
The Executive Chairman also outlined the core values that will guide the agency’s operations: professionalism, integrity, excellent service, efficiency, and collective responsibility.
Earlier, Muhammad Abba-Aliyu, Executive Director of Compliance and Enforcement, emphasized the importance of collective responsibility and called on all stakeholders to support KIRS’s initiatives for sustainable development in Kano State.

About The Author

Continue Reading

Economy

Kano adopts Single Interstate Road Tax Sticker, Haulage Fee to curb multiple taxation

Published

on

By

 

The Kano Internal Revenue Service(KIRS) has inaugurated the Single Interstate Road Tax Sticker (SIRTS) and the Single Haulage Fee (SHF) to address multiple taxation from motorists on the highways.

Dr Zaid Abubakar, the Executive Chairman of KIRS, while unveiling the stickers on Saturday in Kano said that the project was initiated by the Joint Tax Board (JTB).

The chairman noted that the initiative of the Joint Tax Board (JTB), would end multiple taxation and improve the ease of doing business for transporters.

According to him, the Single Haulage Fee is to end illegal tax collection, and extortion on the highways, as well as block revenue leakages in the country.

“Today, we flaged off the harmonized collection scheme sticker which consist of interstate road tax sticker and single haulage fee.

“It will reduce multiple taxes collected from motorists on the highways and generate revenue for the state government.

“People are always complaining in the high way that they are forced to pay a high amount of money in the name of road taxes.

“JTB decided to come up with the interstate sticker to avoid that multiple taxation.

“Now, over 20 states of the federation have joined the system,” he said.

Earlier, the commissioner of finance, Alhaji Ibrahim Jibril, said the essence of implementing the Single Interstate Road Tax Sticker and the Single Haulage Fee was to end illegal tax collection, and extortion on the highways, as well as block revenue leakages in the country.

The commissioner said that the unified tax system would curb harassment of transport operators on the road by different unions.

Jibril further added that the approach would promote ease of doing business in the state and the country as a whole.like it was done in the civilized parts of the world.

Some of the stakeholders who spoke at the event, commended JTB and KIRS for the laudable initiative.

They said the initiative would reduce incidences of double taxation through the sales of multiple stickers while enhancing the ease of doing business in the country.

They added that the single interstate road sticker would remove all the roadblocks; across the nation, transporters face different kinds of roadblocks, taxes which is not good for their business.

About The Author

Continue Reading

Trending

Share This