CHALLENGES AFFECTING NIGERIA AND THEIR SOLUTION. CHALLENGES AFFECTING NIGERIA AND THEIR SOLUTION. Nigeria is a country of diverse people‚ cultures‚ religion and political groups. The country achieved independence from the British colonialist in 1960. The country marked 54 years post-independence on October 1st 2013. The journey so far has not been an entire smooth one since independence. The country has had to face several challenges and problem. It is becoming a laughing
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Nigeria is a country with device ethnic group and corrugated different political motive ranging from the individual perspective to the political parties. What is really wrong with Nigeria electioneering process is the wheel to be on power at all cost not minding the interest of the masses‚ every political party that is on power want to retain power for their selfish interest‚ while doing this‚ they map out strategies that will enable them to rig the election either by crook or hook‚ this things are
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is to ensure that all taxpayers‚ within a defined tax jurisdiction‚ are brought into the tax net and assessed correctly in order to block all possible leakages. Generally‚ taxpayers are categorized according to the legal status of their businesses. In this research work we are interested in Corporate Entities/Public Companies which are limited liability companies or public companies registered with profit - motive in mind. Their tax affairs are being handled by the Federal Taxing Authority
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Taxation plays a very important role in the economic life of a developing country like Nigeria. Today Nigeria is indeed in need of effective and efficient tax system in order to generate enough revenue that will finance economic growth and development. There is the urgent need in the country to evolve new approach for handling various tax issue dealing with both compliance and planning work. The use of Tax in National development is increasing and further introduction of new technology will ensure
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ABSTRACT This paper examines the Tax Implications of E-Commerce. The issue of e-commerce and its tax implications continues to receive a high level of attention because of the fast growth of e-commerce activities. In the emerging global economy‚ e-commerce has increasingly become a necessary component of business strategy and a strong catalyst for economic development. The integration of information and communications technology (ICT) in business has revolutionized relationships within organizations
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shall begin on the later of the date on which such addition (or improvement) is placed in service‚ or the date on which the property with respect to which such addition (or improvement) was made in placed in service. Reg.1.856-3(d) of the Income Tax Regulations provides that the term “real property” means land or improvements thereon‚ such as buildings or other inherently permanent structures thereon (including items which are structural components of such buildings or structures). Reg.1.48-1(e)(2)
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compliance on tax law and tax revenue collection The taxpayers Service and Education is one of the key functions of Tanzania Revenue Authority (TRA) conducted in order to educate taxpayers on various tax laws issues together with any changes that are made by the government on tax matters and laws. TRA conducts various tax seminars‚ workshops and competitions periodically to all areas within the country‚ through different media like radio‚ Televisions‚ magazines‚ mobile vans and conduction of tax clubs
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THE PROBLEMS AND SOLUTIONS OF MANPOWER DEVELOPMENT IN NIGERIA. Omotosho Fatimah Olamide Department of Economics‚ University of Lagos INTRODUCTION The development of indigenous manpower to serve as the propelling force for national growth and development is no doubt a key to Nigeria’s socioeconomic and political development. Manpower utilization could be defined as “the existence of skilled
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(2007) Educational System in Nigeria Problems and Prospects L. O. Odia1 and S.I Omofonmwan 2 1. Universal Welfare Sustainable Community Development Center‚ Benin City‚ Nigeria 2. Department of Geography and Planning‚ Ambrose Alli University‚ Ekpoma‚ Nigeria E-mail: profomofonmwan@yahoo.com or odialucko@yahoo.com KEYWORDS Education; problems; prospects; standards; research and development ABSTRACT This paper examines the problems and prospects of education in Nigeria. Education is the bedrock of
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INTRODUCTION Nigeria like most developing nations of the world is faced with myriad of problems and harsh realities which include poverty‚ unemployment‚ conflicts and diseases. These situations pose great challenges to the very existence of individuals in most developing nations thereby calling for the training of educated man and women who can function effectively in the society in which they live in. available information by National Universities Commission (NUC) (2004) reiterate the massive
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