The Senior Special Assistant to the President on Foreign Affairs and
Diaspora Matters, Mrs. Abike Dabiri-Erewa, on Tuesday said between
January and now, over $35bn had been remitted to the country by
Nigerians living abroad.
Dabiri-Erewa disclosed this when she
visited the Executive Chairman of the Federal Inland Revenue Service,
Mr. Babatunde Fowler, and the management team of the FIRS in Abuja.
She
said the amount so far remitted to the country by Nigerians living
abroad this year exceeded the $21bn sent home by them last year.
The $35bn remittance, according to her, is the highest so far recorded in Africa this year and the third highest in the world.
“In
2016, they (Nigerians living abroad) remitted $35bn, which is higher
than what was remitted in 2015. This is the highest in Africa and the
third largest in the world,” she stated.
Dabiri-Erewa drew the
attention of the FIRS management to tax concerns raised by Nigerians
living abroad, adding that this might frustrate the objective of the
government in encouraging them to invest back home.
She said,
“There is a lot of talk about your organisation from Nigerians in the
Diaspora concerning taxes; whether there will be tax incentives for
Nigerians coming back home to engage in agriculture and other
businesses.
“Recently, they expressed concern over reports that
we need to pay tax on our passports. There should be collaboration
between both offices to disseminate information in case they have
questions or want answers.”
Responding, Fowler said the agency
had not imposed any fresh tax on the collection of passports, adding
that what was required from any adult applying for passport was evidence
of tax compliance.
He said, “What we are saying is if you want
any immigration services, either you want to renew your passport or get a
new one, so long as you’re an adult and you’re making an income, you
just have to show evidence of tax payment.
“There is no direct
tax on passports, it’s just to show evidence of paying tax; and of
course, you’re entitled to all the services of government.”
The
FIRS boss explained that there were a lot of tax incentives for
Nigerians abroad to take advantage of when investing in the country.
Popular News
-
Mesothelioma is an aggressive cancer affecting the membrane lining of the lungs and abdomen. Malignant mesothelioma is the most serious o...
-
A witness has said neither Atiku Abubakar nor President Bola Tinubu of the All Progressives Congress (APC) should be declared as presiden...
-
The United States has announced that starting March 1, 2023, it will increase visitor visa validity from 24 months to 60 months for Niger...
-
Drivers of ride-hailing apps in the country, Uber, Bolt, LagRide and Indriver, have embarked on a nationwide strike on Wednesday, June 7. ...
-
Veteran actress, Kate Henshaw has taken to Instagram to share adorable photos with her daughter. The thespian shared photos of them rock...
-
A broadcast journalist with DAAR Communications Plc, Ms Ijeoma Osamor, testified on Friday at the Presidential Election Petition Court (P...
-
The Monkeypox disease has been declared as a global health emergency by the World Health Organisation, on Saturday. The global health bod...
-
The daughter of Pele, Kely Nascimento, who is apparently distraught at his passing, has confirmed her father's death at the age of 82...
-
Cristiano Ronaldo allegedly gave his agent Jorge Mendes an ultimatum to seal a move to either Bayern Munich or Chelsea last summer or be...
-
Happy New Month Nigeria! Welcome to the month of June. As the world searches for a respite from all its troubles since 2020 began, one can ...
-
Italy have been crowned champions of the 2020 European Championship after defeating England 3-2 in penalties on Sunday night, July 11. ...
-
“Every improvement contributing to your outstanding experience is our daily motivation.” - Remitano Every product and feature on the Rem...
-
For the quarter, added 537,000 residential and small enterprise business internet customers versus 380,000 within the prior year quarter....
-
SMS marketing is a marketing channel which allows businesses to message customers with marketing messages through SMS, or more commonly kn...
-
Breaking news about iceland country incredible but true if you are interested read the full story iceland team was able to achieve an ...
-
Happy New Month Nigeria! Welcome to the month of June. As the world searches for a respite from all its troubles since 2020 began, one can ...
-
An Israeli professor has claimed that coronavirus will disappear after 70 days with or without intervention. The unproven claims were ma...
-
The Remitano founding team has always maintained the belief and vision that blockchain and cryptocurrencies are a big step forward for s...
-
Would you believe it if someone tells you that cayenne pepper has the power to stop a heart attack within a minute? Believe it or not, thi...
-
Apparently, ginger, a well-known spice we frequently add to different dishes to enhance the flavor, has the power to prevent cancer. But, i...
- bitcoin
- bitcoin mining
- Coronavirus
- dr anu nigeria
- coronavirus china
- Benefit Of Ginger Water
- Bobrisky
- Buhari
- coronavirus cure
- benefits of drinking milk
- Biafran War
- coronavirus death rate
- coronavirus outbreak
- dede one day mansion
- coronavirus update
- History of Biafra
- How To Make Ginger Water
- eri
- How to save your phone battery
- is 5g dangerous
- Kobe Bryant
- Jennifer Aniston
- kobe bryant family
- latest nigeria news paper
- kobe bryant wife
- latest on nigeria news
- naija news
- Malignant mesothelioma
- nigeria news
- Mesothelioma survival rates
- newspaper online in nigeria
- nigeria news breaking
- nigeria news headline today
- nigeria news of the day
- nigeria news paper online
- nigeria newspaper
- nigeria news paper today
- nigeria news today & breaking
- nigeria newspaper online
- nigerianewspaper
- nigeria newspapers
- Regina Daniels
- online dating scams
- Side Effects Of Eating Corn
- t mobile data usage
- online nigeria news
- what is tiger nut
- tiger nuts
- Tyson Fury
0 comments:
Post a Comment