The federal government is to meet with telecommunication and airline companies this week to try and resolve issues relating to job losses and welfare of workers, threatening to ground the sectors. For the airline operators who are seeking ways to cut costs based on the challenges imposed by the COVID-19 pandemic in the country, the
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NCC, FIRS sign MoU for ascertaining VAT elements of telecoms’ transactions
In line with its inter-agency collaboration, the Nigerian Communications Commission (NCC) has signed a Memorandum of Understanding (MoU) with the Federal Inland Revenue Service (FIRS) to ensure the tax agency ascertain accuracy and completeness of value added tax (VAT) elements and other taxes payable in the transactions of telecoms operators. With the MoU, the FIRS
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