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TAXPRO MAX, Federal Inland Revenue Service game changer

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OVERVIEW 

TaxPro Max is FIRS’ flagship tax administration solution for automated end-to-end processing of its tax administration function.

It is a game-changer through which FIRS achieved over 100 per cent of its 2021 collection target. In 2021, FIRS collected N6.405 trillion (N2.008trilion from oil and gas revenue), and (N4.396 trillion from non-oil and gas), against a target of N6.401 trillion.

The TaxPro Max Portal can be accessed by taxpayers from anywhere and in the comfort of their home/office.

It has been deployed in all FIRS offices nationwide, with the following functionalities (Registration, Filing, Assessment, Payment, Issuance of Tax Clearance Certificate and receipts for resident and non-resident taxpayers

FUNCTIONALITIES

eRegistration: Taxpayers (resident and non-resident companies) can be registered on TaxPro Max (https://taxpromax.firs.gov.ng), on a user-friendly interface.

Here a ‘resident company’ is a Nigerian business registered or incorporated under the Companies and Allied Matters Act, while a ‘non-registered company’ (NRC) is a business/individual not registered or incorporated in Nigeria but derives income or profits from Nigeria in any kind of business it operates.

The TaxPro Max system connects to Corporate Affairs Commission (CAC) to retrieve accurate details of your business incorporation and issues/enables/validates your unique business Tax Identification Number (TIN). Once allocated, the TIN cannot be changed.

After which, you can update as you deem fit, personal and business information for tax administration purposes and applied across all taxes.

e-Filing: Taxpayers are required to file returns on a periodic basis on TaxPro Max (Manual filing/intervention is prohibited). The TaxPro Max system accommodates different tax period such as bi-monthly, bi-annual.

All submissions made on TaxPro Max is seen as self-assessment. Your business or tax consultant/agent can now file return on TaxPro Max, for CIT, VAT, WHT, WVAT, PAYE, PIT, EDT, NITDEF, STAMP DUTY, EMTL, NASENI, POLICE TRUST FUND. Businesses in Insurance, Aviation & Shipping Sectors can also file their CIT returns on the system. On TaxPro Max you can utilize credit notes while filing CIT for your business.

Also, your business will receive notices on due dates for filing, payments and penalties.

e-Payment: The taxpayer can pay through multiple payment channels – online, direct debit, debit cards, payment gateways (Remita, InterSwitch, eTransact) etc, integrated with TaxPro Max. You can make tax payments in installments.

Taxpayer can view/calculate payment amounts and schedules prior to committing to an installment payment agreement. Taxpayer can view interests charged to their business on a daily or monthly basis until payment is executed.

e-Receipts: You will get FIRS-branded receipts for payments made, sent automatically to the email address your business used in registering with FIRS. The authenticity of an e-Receipt can also be verified by scanning the QR bar on the top right corner of the e-Receipt with your QR reader. e-Receipt can be verified by visiting https://tcc.firs.gov.ng/

e-TCC (electronic Tax Clearance Certificate): After fulfilling the tax obligation of your business, you can request for the e-TCC from the comfort of your home or Office. Application for the Tax Clearance Certificate can only be made electronically and online by visiting https://tcc.firs.gov.ng/.

Upon approval, a link to download the e-TCC will be instantly sent to the e-mail where the TCC can be printed. The authenticity of an e-TCC can also be verified by visiting https://tcc.firs.gov.ng/,clicking on the verify e-TCC button and entering the TCC Number and TIN of the Company. You can also use the QR Reader, to scan the QR bar on the top-right-corner of the e-TCC, to verify authenticity of the e-TCC.

Tax Accounting: You can view your business’ financial transactions history account activities including penalties, interests, previous payments, new filings, adjustments, assessments, etc. Your business records are accurate, safe and confidential on TaxPro Max.

The TaxPro Max portal also provides an audit trail log of all transactions – such as identifying date and time of updates and who performed the tasks. It is security-enabled to prevent unauthorized access or modifications.

The Service will continue to sensitize the entire public at different levels, on using TaxPro Max for filing, assessment and every other tax administration related issues.  MDAs, Private Sectors organisations, Financial Institutions, Banks, Payment Gateways, Accounting and Auditing firms, Professional bodies and Consultants, and other Taxpayer categories not mentioned have been sensitized and taken through various hand-holding sessions.

TaxPro Max Focal Officers in every tax office nationwide and FIRS entire Change network are proactive in identifying gaps, resolving issues and localizing TaxPro Max content and information.

The sensitization is an ongoing process and projected to last as updates are made to the application.

Detailed step-by-step guide for functionalities of TaxPro Max system can be found at https://taxpromax.firs.gov.ng and www.firs.gov.ng respectively.

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CHI Limited rewards outstanding trade partners at annual conference

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Chivita|Hollandia (CHI Limited) leading fruit juice and value-added dairy manufacturer in Nigeria has rewarded its long standing distributors at the recently held 2024 Distributor Conference. The event with the theme, “Break Boundaries Exceed Expectations” served as a platform to recognise and reward the exceptional contribution of the distributors and wholesalers who play a critical role in Chivita|Hollandia (CHI Limited) success and business goals for the year.

The  Distributor Conference was held in two sessions. While the morning session featured keynote addresses, industry insights and brand immersion experience, the evening session was a cultural display of elegance and funfair that culminated in the award presentation and recognition of the contribution the trade partners made to the company  in the 2023 year under review.

A key highlight of the event was the award ceremony which acknowledged outstanding trade partners in various regions across the country. The awards recognised commitment, dedication, and outstanding performance in areas of sales growth, brand promotion, and market expansion.

Managing Director, Chivita|Hollandia (CHI Limited), Eelco Weber stated that the company’s success story is incomplete without the strong partnerships it has built with trade partners.

“Today, we celebrate not only the achievements, but the collaborative spirit that has made our growth possible,” he said.

Chief Commercial Officer, Chivita|Hollandia (CHI Limited), Bola Arotiowa in his statement revealed that, the event which was first of its kind will continue to be an annual meeting to enable the company work more closely with its distributors, share insights and action points, help the trade partners familiarise themselves with the company’s goals and objectives for each year, and serve as a driver for  mutual success.

“Our distributors are the backbone of Chivita|Hollandia (CHI Limited). Their relentless efforts in distributing our products, promoting our brands, and expanding our reach across the nation is truly commendable.

“As the bridge between us and our valued consumers, it is very important to reward their hard work and dedication for being an essential part of the Chivita|Hollandia (CHI Limited) family. Together, we will continue to deliver great products to our consumers which in turn will deliver value to them,”  Mr. Arotiowa added.

Speaking at the conference, Chief Executive Officer of Smabirm Nigeria Limited, HajiyaBilikisuSaida, who won the Outstanding Distributor of the Year in North 1 region, and got a reward of two million Naira worth of Chivita|Hollandia (CHI Limited)  productsexpressed delight at the company’s recognition, and stated that the awards served as a way to inspire distributors to do more and put in more effort, which in turn would help both the distributors and the company to grow.

Other outstanding performance distributors of the year rewarded with a two million Naira worth of Chivita|Hollandia (CHI Limited) stock include, Sunny Chuks Limited for East 1 region, MRS FA & Sons Limited for East 2 region, Hussakas Ventures for North 2 region, Rookee 1388 Ventures for Lagos 1 region, Pik N Pil Ventures for Lagos 2 region, FaithJoe Event Management Limited for West 1 region, and Progress Family Nigeria Enterprise for West 2 region.

The annual Distributors Conference aims to strengthen the bond between Chivita|Hollandia (CHI Limited) and its trade partners. This collaborative approach fosters mutual growth and ensures the continued success of the brands in the Nigerian market.

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FG inaugurates Port Harcourt-Aba rail project, train service begins 

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The Federal Government has inaugurated the 6.2 kilometre (KM) Port Harcourt – Aba railway project, marking the start of train operations between Abia and Rivers.

The Minister of Transportation, Sen. Saidu Alkali, who said this at a ceremony in Port Harcourt on Tuesday, noted

that the project was a crucial part of the 1,443km Port Harcourt to Maiduguri narrow gauge rail project.

He said that the Port Harcourt to Aba section of the project was the initial part of the Eastern narrow-gauge railway, aiming to connect five geo-political zones of the country.

“The Federal Government is pleased to inaugurate the train service from Port Harcourt to Aba, a key priority area of President Bola Tinubu’s administration.

“We are grateful to God for the completion of the Port Harcourt to Aba section, which will bring succour to the people.

“The Eastern narrow gauge covers five geo-political zones of the country, including South-South, South-East, North-Central, North- West and North-East,” he said.

Alkali said that following the completion of the first segment and the start of commercial operations, work on the remaining part of the rail line would begin immediately.

“Shortly, we will take a train ride from Port Harcourt to Aba, which means that from today, passenger train service has commenced.

“We will continue the project from Aba to Enugu and from Port Harcourt to both Onne and Port Harcourt seaports for freight services.

“The ministry is currently in discussion with an investor to convert our locomotive from diesel to Compressed Natural Gas (CNG) to reduce transportation cost further,” he said.

The minister assured Nigerians that arrangements were being made with security agencies to ensure adequate security along the rail routes.

He also announced free train rides from Port Harcourt to Aba between May 1 to May 4.

“The train will depart from Port Harcourt to Aba at 8 a.m. daily, while it will leave Aba to Port Harcourt at 3 p.m. daily.

“Full commercial operations will resume on May 7, 2024,” he said.

Muhammad Zakari, the ministry’s Director of Press and Public Relations, said that the project when completed would boost trade, enhance mobility and connectivity between the Southern and Northern part of the country.

He said that the segment of the project was contracted to Messrs China Civil Engineering and Construction Company (CCECC) on Oct. 16, 2020, with a 36-month completion timeline.

“But due to technical and contractual issues, the project commenced in March 2022, involving the construction of modern stations and procurement of new rolling stock.

“The railway line will also connect the seaports of Onne, Bonny, and Port Harcourt to facilitate evacuation of goods and sundry freight through the Eastern corridor,” he said.

Zakari emphasised that upon completing the Port Harcourt to Aba railway, the Federal Government would push CCECC to expedite the completion of the 181km Aba-Enugu section of the project.

He said that he was optimistic that inauguration of the Port Harcourt to Aba rail service would stimulate economic activities between the South-South and South-East zones of the country.

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Fuel Scarcity: IPMAN threatens shutdown over non-payment of bridging claims

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The Independent Petroleum Marketers Association of Nigeria (IPMAN) Depot Chairmen Forum, has exonerated its members from the current fuel scarcity in the country.

According to IPMAN, the is caused by its inability to source petroleum products.

The IPMAN Depot Chairmen Forum also threatened to withdraw its services over non-payment of N200 billion bridging claims by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to its members, since 2022.

Alhaji Yahaya Alhassan, the Chairman, of the Forum said this while briefing  newsmen on Tuesday in Abuja.

Alhassan said the Nigerian National Petroleum Company Limited (NNPC Ltd.) was the sole importer of the product, but the marketers could not source products from NNPC Ltd. deport, rather from the private depots at high rate.

“We cannot buy fuel from the private depots at N950 and transport the product from Lagos to the North and other parts of the country with N2 million and still sell it at N900 or N1, 000.

“It is expedient for us to state that we are more pained by the non-availability of petroleum products in the country, which has given rise to another round of untold hardship for Nigerians.

“Contrary to claims that IPMAN members are hoarding Premium Motor Spirit (PMS) known as fuel, we would like to categorically state that PMS scarcity is wholly triggered by inability to get fuel from NNPC and not IPMAN,’’ he said.

Meanwhile, the NNPC Ltd. Chief Corporate Communications Officer, Olufemi Soneye said the disruption was due to logistical issues which had since been resolved.

“We currently have an availability of products exceeding 1.5 billion litres, which can last for at least 30 days. Unfortunately, we experienced a three-day disruption in distribution due to logistical issues, which has since been resolved.

“However, as you know, overcoming such disruptions typically requires double the amount of time to return to normal operations.

“Some folks are taking advantage of this situation to maximise profits. Thankfully, product scarcity has been minimal lately, but these folks might be exploiting the situation for unwarranted gain,’’ Soneye said.

He however, said the lines would clear out soon.

On the non-payment of bridging claims, the IPMAN forum said it was distressed and depressed by the laidback attitude of the NMDPRA towards the survival its member’s businesses, arising from its refusal in paying the claims.

“It is with deep frustration that we have assembled here today as the IPMAN Depot Chairmen Forum. It is also disheartening to note that some of our members have completely shut down businesses and retrenched employees.

“As businessmen and women, our members acquired bank loans to keep their fuel retail outlets running on a daily basis across the nooks and crannies of Nigeria in order to serve the teeming population of Nigerians,’’ Alhassan said.

He recalled that Sen. Heineken Lokpobiri, Minister of State Petroleum Resources (Oil), at a stakeholders meeting in February mandated the NMDPRA management to clear the entire debt in 40 days.

“However, today, we have crossed the 40 days’ time lapse given to the NMDPRA to clear the debt, and it is shameful to state that only the paltry sum of N13 billion has been paid, ignoring minister’s directive.

“We are not happy with the indiscriminate increment in the issuance and renewal of Sales and Storage Licence, by the NMDPRA, and the subsequent delays in acquiring the licence, which our members are recently subjected to.

“We are also calling on President Bola Tinubu to look into this unwholesome figure which is highly detrimental to our business and reverse it forthwith, as it is bound to impact negatively on the masses.

“We are poised to take far reaching decisions that may cripple the supply and sales of petroleum products across Nigeria if our demands are not met within the shortest period of time.

“We are collectively prepared to withdraw our services, shut down every single outlet, and suspend lifting of products forthwith till our demands are fully met, and the consequences will be terrible.

“We call on our members to however remain resolute and law abiding, even as we draw close to the immediate ultimatum for our demands to be met by the NMDPRA,’’ the chairman said.

Reacting to the IPMAN’s claims, the Acting Head, Corporate Communications, NMDPRA, Seiyefa Osanebi said the bridging claims payment was ongoing.

“The bridging claims payment is always an ongoing process,” she said.

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