NIGERIA The Federal Republic of Nigeria comprises thirty six states and its Federal Capital Territory is Abuja. Nigeria is located in West Africa and shares land borders with the Republic of Benin in the west‚ Chad and Cameroon in the east‚ and Niger in the north. Its coast in the south lies on the Gulf of Guinea on the Atlantic Ocean. The Flag The flag of Nigeria consists of three equal sized vertical stripes - the right and left stripe are green; and the middle stripe is white. The Nigerian
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race‚ and even ecological systems. As Nigeria consists of a wealthy class which seeks wealth by any means‚ it is hard to see how a country like this can evolve much more until corruption is taken out of everyday relationships of the upper class. However‚ there is great hope at the same time‚ because Nigeria is a country that has learned to make positive changes and learned from many of these changes‚ such as the democratization of the Nigerian state. Nigeria has learned to adapt and deal with many
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Tax Description Income Tax is a tax on a person’s income‚ emoluments‚ profits arising from property‚ practice of profession‚ conduct of trade or business or on the pertinent items of gross income specified in the Tax Code of 1997 (Tax Code)‚ as amended‚ less the deductions and/or personal and additional exemptions‚ if any‚ authorized for such types of income‚ by the Tax Code‚ as amended‚ or other special laws. Types of Income Tax Personal Income Tax (PIT) is a direct tax levied on income
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REGULATIONS IN NIGERIA INTRODUCTION The Nigerian Tax System has undergone significant changes in recent times. The Tax Laws are being reviewed with the aim of repelling obsolete provisions and simplifying the main ones. Under current Nigerian law‚ taxation is enforced by the 3 tiers of Government‚ i.e. Federal‚ State‚ and Local Government with each having its sphere clearly spelt out in the Taxes and Levies (approved list for Collection) Decree‚ 1998. Of importance at this juncture however are tax regulations
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The Art of Good Administration: Signs of a Good Administrator by Gitanjali Hazarika inShare http://www.admincrossing.com/article/500001/The-Art-of-Good-Administration-Signs-of-a-Good-Administrator/ Throughout their admin careers‚ administrative personnel are entrusted with a wide variety of administrative responsibilities. A good administrator can transform these responsibilities into major company success through skillful guidance and management of company resources. The capable administrator
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Chapter 2 Protest movement in Nigeria In democracy‚ having a wide spread number of people tell the government that they do not like its practices could herald to protest movements. As thus‚ it is a very effective way of getting changes made and raising or revisiting issues. History of protest movement During the 19th and early 20th century‚ Nigerians sought and found ways to oppose the foreign rule. As the middle classes and the working classes became more educated‚ there came with it‚ the desire
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serious challenge to governments in Nigeria. Its effects‚ which include lack and deprivation in the basic necessities of life‚ are worrisome. Apart from inducing lack of certain capabilities‚ such as that of being able to participate with dignity in societal endeavours‚ poverty has earned recognition due to its damaging effects on the affairs of humanity at the local‚ national and international levels. Indeed‚ poverty is a snare. Among the committee of nations‚ Nigeria has been described as poor. Even
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DISCUSSION PAPER Anti-Corruption was the declared number one policy aim of the Olusegun Obasanjo administration. The success of this policy was‚ however‚ for various reasons not too impressive. Obasanjo ’s successor‚ President Umaru Yar ’Adua came to power promising to reform and continue the anti-corruption policy. But while the anti-graft agencies continued to arrest and arraign more individuals‚ including highly placed officials‚ for corruption‚ the general public expressed the view that the
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1:RELEVANCE: Information should be relevant to the decision making needs of the user. Information is relevant if it helps users of the financial statements in predicting future trends of the business (Predictive Value) or confirming or correcting any past predictions they have made (Confirmatory Value). Same piece of information which assists users in confirming their past predictions may also be helpful in forming future forecasts. Example: A company discloses an increase
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REVIEW OF LAND ADMINISTRATION REFORMS IN NIGERIA. BY:- MARTINS T. ADENIPEKUN DEPT. OF ESTATE MANAGEMENT‚ LAGOS STATE POLYTECHNIC‚IKORODU‚ LAGOS. martinsadenipekun@yahoo.com‚ 08023167702‚ 08036317528. ABSTRACT Administration of land is as ancient as the creation of man. In Nigeria‚ the socio-economic and political factors had overtime brought about different administrative reforms put in place to foster developments. Certain patterns of land administration had emerged in Nigeria before and
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