Business
FIRS allays fears over tax reform, denies new taxes
FIRS allays fears over tax reform, denies new taxes
The Federal Inland Revenue Service, FIRS, has allayed fears over tax reforms that would lead to new taxing systems, stating the revenue agency was not planning new taxes.
Chairman of FIRS, Zacch Adedeji, stated this at an interactive session with the Senate Committee on Finance at the National Assembly Abuja on Tuesday.
Reacting to a series of questions by members of the Senate committee led by Senator Sani Musa, he emphasised that
tax reform laws would not entail introduction of new taxes or increase of already existing ones.
Adedeji said the current taxes paid by Nigerians would rather reduced, adding that no agency will be merged in the process of carrying out the reform and no job will be taken from anybody.
“The tax reform basically seeks to increase the simplicity and efficiency of tax administration in Nigeria,” he said.
According to him, the existing tax policies introduced by President Bola Tinubu are not meant to tax poverty but prosperity, fruits and not seeds, returns and not investments.
On the executive bills already forwarded to both chambers of the National Assembly for legalising the reform, the FIRS boss said: “The four bills which are (i) Nigeria Tax Bill , (ii) Nigeria Tax Administration Act (Amendment) Bill, (iii) Nigeria Revenue Service Bill, and (iv) Joint Revenue Board (Establishment ) Bill, when passed into law, would among others, help to harmonise the multiple tax laws in the country, drive efficiency and modernisation, simplify tax laws and ensure synergy among agencies involved, increase efficiency and effectiveness in government savings, promote transparency and integrity in revenue collection, align with international standards, broaden Nigeria’s tax base etc. ”
When asked to explain why FIRS, as contained in one of the bills, would be changed to Nigeria Revenue Service, NRS, the Chief Tax Collector said the present name of the agency does not cover the scope of its services, like the Value Added Tax, VAT, 85 per cent of which according to him, are remitted to states while the federal government gets the remaining 15 per cent.
In his remarks, the chairman of the committee, Senator Sani Musa said the purpose of the interactive session was to be updated by the FIRS boss on what and what the tax reform bills are aiming at.
“Tax reforms lie at the heart of government agenda and requires constructive inputs from all stakeholders,” he said.
Business
Adron Homes Reaffirms Commitment to Customer Satisfaction During 2024 Customer Service Week
Adron Homes Reaffirms Commitment to Customer Satisfaction During 2024 Customer Service Week
Adron Homes and Properties, a leading real estate company, successfully celebrated Customer Service Week 2024 from Monday, October 7th to Friday, October 11th, under the theme “Above and Beyond.” The week-long event underscored the company’s unwavering commitment to customer satisfaction as its top priority.
Customer Service Week, observed globally, is an international celebration of the importance of customer service and the people who serve and support customers daily. It provides a platform for companies to appreciate the hard work and dedication of their customer-facing staff, as well as strengthen their relationships with clients.
Throughout the week, Adron Homes organized various activities aimed at enhancing both employee well-being and customer engagement. These included a health talk focused on promoting healthy living, a customer awareness walk to raise visibility and connect with the public, and a mental health awareness session that addressed workplace wellness and stress management, emphasizing the importance of mental health for both employees and clients.
Team bonding exercises were also held to foster collaboration and unity among employees, ensuring they continue to work together in delivering top-tier service. The event concluded with an awards ceremony recognizing staff members who consistently go above and beyond in customer service.
The Director General of the Customer Service Directorate at Adron Homes, Mrs. Aminat Hastrup Olaniyan, praised the company’s leadership for its vision and impact in the real estate sector. “I want to salute the management of Adron Homes for their giant strides in the real estate industry. Their dedication to customer satisfaction has set a standard that others aspire to. I also extend my heartfelt appreciation to all our front-liners for their persistence and the incredible work they continue to do in serving our clients,” she said.
Mrs. Olaniyan’s remarks highlighted the essential role of frontline staff, recognizing their daily efforts to ensure that customers receive the best experience possible.
Group Managing Director, Aare Adetola EmmanuelKing, reiterated the company’s customer-first philosophy, stating, “At Adron Homes, we are committed to exceeding expectations. Customer satisfaction is at the core of everything we do, and this week has been a reflection of our ongoing efforts to improve and deliver outstanding service.”
The Directorate of Customer Service reiterated her commitment to go above and beyond in satisfying and exceeding all our customer’s expectations both home and expanding the frontiers of excellence in customer care and improving customer satisfaction always.
*Day Two of Decentralized Intelligence 2024 V2: A Deep Dive into Blockchain, Web3, and AI
The second and final day of the Decentralized Intelligence 2024 V2, a Blockchain, Web3, and AI Summit, concluded with a workshop at the Civic Center, Victoria Island, Lagos. The two-day event, organized by the Blockchain Nigeria Users Group (BNUG) and sponsored by the Afriq Group of Companies, brought together leading minds in the tech, cryptocurrency, and artificial intelligence sectors.
Day two focused on a series of in-depth workshops that provided delegates with practical knowledge and insights into blockchain technology, cryptocurrency, artificial intelligence, and cybersecurity. Participants had the chance to engage directly with some of the industry’s most respected figures. Among them were Jesam Michael, CEO of Afriq Group of Companies; John Orakwe, an AI specialist; Dr. Paul Chima, a chiropractor with interests in tech and innovation; Ladi Willie, a business journalist at Channels TV; and Chimezie Chuta, Founder of BNUG and Chairman of the Nigeria Blockchain Payment Systems Council (NBPSC).
Each expert contributed to discussions that ranged from the future of blockchain in Africa to the intersection of AI and Web3 technologies. The sessions offered valuable opportunities for attendees to deepen their understanding of the rapidly evolving tech landscape, with a particular focus on the practical applications and implications of these technologies for the Nigerian market.
The Afriq Group of Companies, as the major sponsor, made a lasting impression during the summit. Jesam Michael, CEO of Afriq Group, delivered a thought-provoking speech that resonated with the audience. He began by expressing his appreciation to BNUG for creating a platform that fostered learning and collaboration within the tech community.
“I celebrate ideas,” Jesam Michael remarked, acknowledging the vision and effort behind the summit. “Let’s thank Mr. Chimezie Chuta and his team for putting up this wonderful idea, allowing crypto and tech lovers to come and learn for free. If this event had been organized by a foreign counterpart, this hall would have been overflowing with people because they support each other. Yet here in Nigeria, we find ourselves caught up in internal conflicts, cyberbullying, and character attacks.”
His address highlighted the importance of unity and support within Nigeria’s tech community, emphasizing the potential for growth if individuals could rally behind one another. Jesam Michael also underscored the role of technology in creating positive social impact, saying, “My thoughts are to see you stand tall, helping the less privileged, the widows, the aged men and women, and contributing to the economy of our country.” He reiterated his commitment to supporting initiatives that promote progress and development.
The second day concluded with an atmosphere of optimism and excitement about the future of blockchain, Web3, and AI in Nigeria. Participants left the summit with fresh insights and new connections, poised to apply what they had learned to their respective fields.
Chimezie Chuta, reflecting on the event’s success, thanked all partners, speakers, and participants for their active involvement. He emphasized that the mission of BNUG is to continue to create platforms for knowledge-sharing and collaboration, ensuring that Nigeria remains at the forefront of the digital revolution.
The Decentralized Intelligence 2024 V2 Summit not only showcased the depth of talent and expertise within the Nigerian tech community but also underscored the importance of fostering collaboration for the growth of blockchain and AI technologies. The Afriq Group of Companies’ involvement, especially, served as a testament to the power of strategic partnerships in driving the country’s digital transformation forward.
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