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VAIDS Deploys 700 Community Tax Liaison Officers To 9 States

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VAIDS

The Voluntary Assets and Income Declaration Scheme (VAIDS) has deployed over 700 graduates as Community Tax Liaison Officers(CTLOs) to nine states of the Federation and the Federal Capital Territory (FCT).

The CTLOs have been handed the responsibility of creating awareness about the VAIDS scheme and taxation in general. A statement by the VAIDS office revealed that the CTLOs, posted to their various states of origin, will carry out the assignment in said in Lagos, Ogun, Enugu, Edo, Cross River, Delta, Oyo, Kaduna and Nassarawa states as well as the Federal Capital Territory. The CTLOs were deployed after undergoing an intensive week-long training on taxation and customer service in Abuja.

The statement also disclosed that more CTLOs will, over the coming weeks, be deployed to Kwara, Niger and Adamawa states, the other states to follow.

The scheme expected to create a total of 7,500 opportunities for Nigerians as CTLOs through the N-Power scheme of the Federal Government

“They (CTLOs) will be on the streets, markets, malls public places and visit offices,” the statement said.

The VAIDS scheme, a tax amnesty initiative of the Federal Ministry of Finance in collaboration with state revenue agencies, was launched on 29 June via an Executive Order signed by Vice President Yemi Osinbajo. It was conceived to provide solutions almost every defect of the nation’s tax system, including the tepid attitude to taxation.

VAIDS is specifically targeted at taxpayers, who have failed to fully declare their taxable income and assets or have not been paying the tax due. It is also a at all aimed at those who are underpaying or under-remitting; those under a process of tax audit or investigations by tax authorities or are engaged in tax disputes with tax bodies, but are prepared to settle the disputes out of court.

The scheme, which aims to cast the country’s tax net wider, offers confidentiality as well as waiver of the interests and penalties to those who had underdeclared or never declared previously earned incomes and acquired assets. It equally offers tax defaulters the option of spreading payment of outstanding liabilities over a maximum period of three years as may be agreed with the relevant tax authority.

A projected revenue of $1billion is expected to be generated through VAIDS. The scheme is expected to bring about an appreciable jump in the country’s tax-to-Gross Domestic Product ratio from the meagre 6 per cent it currently is to a more respectable 20 per cent by 2020.

VAIDS has been lauded by many tax experts, who described the scheme as the last chance for tax defaulters to regularize their tax status and avoid escape stern penalties, including prosecution and payment of penalties for undeclared income and assets. The scheme is expected to benefit from a variety of information sharing agreements among countries and other international instruments, including the Standard Automatic Exchange of Information (AEOI) to uncover previously concealed assets and revenue sources.

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Lagos state government uncovers 86 under bridge rooms where tenants pay N250k annually

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Tokunbo Wahab, commissioner for environment and water resources, says the state has uncovered apartments under the Dolphin estate bridge where tenants pay N250,000 in annual rent.

Wahab disclosed that 86 rooms partitioned into 10×10 and 12×10, and a container, were discovered by an enforcement team of the Lagos ministry of environment.

In a post alongside videos posted on X on Wednesday, the commissioner said the illegal structures have been destroyed.

“A total number of 86 rooms, partitioned into 10×10 and 12×10, and a container used for different illegal activities, were discovered under the Dolphin Estate bridge,” the commissioner wrote.

“They have all been removed by the enforcement team of Lagos State Ministry of the Environment and Water Resources.”

Commenting on the incident, Kunle Rotimi-Akodu, special adviser on environment to the Lagos governor, said 33 persons have so far been arrested by officials of the Lagos State Environmental Sanitation Corps (LAGESC).

“The bridge has hitherto housed 86 rooms, partitioned into 10×10 and 12×10. Squatters there have been paying an average rent of N250k p.a,” he said.

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Court fines EFCC N10m for unlawfully declaring Christ Embassy pastor wanted

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A federal high court in Yenagoa, Bayelsa state, has fined the Economic and Financial Crimes Commission (EFCC) N10 million for unlawfully declaring Οyinmiebi Biribena, a pastor, and his wife Beatrice, wanted.

Isa Dashen, presiding judge, gave the declaration while ruling on a matter marked FHC/YNG/CS/132/2022 filed on June 10, 2022, by the applicants seeking the enforcement of their fundamental human rights.

The couple had amongst several reliefs, sought a declaration that a publication made by the commission on June 8, 2022 via Guardian Newspaper on page 36, declaring them wanted without a valid court order, constituted a “breach of their fundamental rights to personal liberty, freedom of movement, right to private and family life and dignity of human person as guaranteed by Sections 34(1), 35(1) 37 and 41(1) of the 1999 Constitution of the Federal Republic of Nigeria (As amended), and Articles 4, 5, 6 and 12(1) of the African Charter on Human and Peoples Rights (Ratification and Enforcement) Act, Cap A9, Laws of the Federation, 2004”.

Biribena is the pastor in charge of Christ Embassy Church in Kumasi, Ghana.

The judge agreed with the applicants and granted all the reliefs sought.

The judge also made an order directing and compelling the EFCC to offer a public apology to Biribena and Beatrice, for the “unlawful and unconstitutional” publication.

He also gave an order “restraining the EFCC from inviting, harassing, arresting and detaining Οyinmiebi and Beatrice Biribena, pending the determination of a suit marked FHC/YNG/CS/125/2022”.

However, instead of the N100 million sought by the applicants, the judge awarded N10 million as exemplary damages against the EFCC and Wilson Umujaren, former spokesperson of the commission.

Although the judgment was delivered on March 22, 2024, the certified true copy was obtained on April 30.

Meanwhile, in a sister case marked FHC/YNG/CS/125/2022 between Bliss Multinational Perfections Limited and Οyinmiebi Biribena vs the Economic and Financial Crimes Commission, Dashen, while ruling on the originating summons filed on June 7, 2022, granted some declarations in favour of the applicants against the EFCC.

The judge declared that “by virtue of the provisions of Sections 49 and 50 of the Nigeria Co-operative Societies Act, 1993, Cap C.35, Laws of the Federation of Nigeria, 2004; and Section 51 of the co-operative Societies Law of Bayelsa State Cap C11, 2006, members of Baraza Multipurpose Co-operative Society cannot report any dispute arising from transactions between themselves and the Co-operative Society, to any security agency or resort to any court of law without first reporting to the Registrar/Director of Bureau of Co-operative Societies, Bayelsa State”.

The judge further declared that the “EFCC cannot interfere in any dispute between members of Baraza Multipurpose Society arising from the registered business objects of the co-operative society”.

He declared that by the provisions of the EFCC Act, 2004, the commission “is not empowered to wade into disputes borne out of civil transactions arising from the registered business objects of the cooperative society and that by the provisions of Economic and Financial Crimes Commission Act, 2004, the EFCC cannot seize properties belonging to the plaintiffs which are clearly not proceeds to crime”.

Dashen gave a declaration that the “seizure and sealing of Bliss Multinational Perfections Limited’s property situated at No. 1 Otiotio road, Yenezue-Gene, Yenagoa, Bayelsa (known as Bliss Emporium) not being proceeds of any crime, by the EFCC is wrong, unlawful and ought to be returned”.

He also declared that the “seizure and sealing of the jointly owned property of Bliss Multinational Perfections Limited and Οyinmiebi Biribena, situated at No. 57, Green Villa Road, Biogbolo, Yenagoa, Bayelsa state, not being proceeds of any crime, by the EFCC is wrongful, unlawful, and ought to be returned”.

He ordered that the applicant’s bank accounts should be unfreezed.

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‘Four days free ride’ — FG inaugurates PH-Aba train service

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The federal government has inaugurated the 62-kilometre (km) Port Harcourt-Aba train service.

FG also declared a 4-day free train ride from May 1-4, to encourage and drive the usage of the train service.

Commercial services are expected to kick off from May 7.

In a statement by the federal ministry of transportation on Tuesday, Saidu Alkali, minister of transportation, said transportation is one of the eight key priorities of President Bola Tinubu’s administration, hence, his focus on the eastern rail corridor project since taking office.

Alkali said the commencement of the train service is part of the intensified drive by FG to facilitate trade, enhance mobility, and accessibility, as well as ensure connectivity between regions.

“With the completion of the rehabilitation of the Port-Harcourt to Aba rail corridor, the Ministry will continue to vigorously drive the contractor Messrs CCECC towards the speedy completion and delivery of the 181 kilometres Aba-Enugu stretch,” Alkali said.

“The fare for the Port-Harcourt to Aba train service has been pegged at #1000 for VIP & #800 for economy class.”

Fidet Okhiria, the managing director of the Nigeria Railway Corporation (NRC), said the locomotives and coaches used for the flag-off are refurbished ones.

Okhiria said the contractor is expected to deliver 50 narrow gauge locomotives and 100 narrow gauge coaches to be deployed along existing train corridors in the country.

On March 2, FG said the train services would commence by the end of March.

However, on March 29, the launch was postponed to April.

The rail line is a section of the Port Harcourt-Maiduguri railroad project initiated by former President Muhammadu Buhari’s administration.

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Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.

She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others

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