Economy
FCT-IRS Sets To Impose N500,000 Fine On Annual Tax Return Defaulters
FCT-IRS Sets To Impose N500,000 Fine On Annual Tax Return Defaulters
FCT-IRS sets to impose N500,000 fine on annual tax return defaulters. Mr Ango stated that the law mandates every person, whether in employment or not, to file their annual income tax returns by March 31 every year.
The Federal Capital Territory Internal Revenue Service (FCT-IRS) has threatened to impose a N500,000 minimum penalty on defaulters of annual returns filing in the FCT.
Acting Executive Chairman of the service, Michael Ango, gave the warning in Abuja on Thursday, during the FCT-IRS annual sensitization campaign to mobilise FCT residents for voluntary tax compliance.
Mr Ango said that for persons who did not file their 2024 annual returns in January 2025, the law had set a minimum penalty of N500,000.
He said that the first filing deadline for the year was January 31, 2025, where the employer’s annual returns were due, adding that a reasonable number of companies had filed.
He commended every company that filed their employees’ annual returns, adding that the FCT-IRS would write them a letter of commendation.
He, however, said, “For those who did not file, we are also going to write them a letter but not a letter of commendation. We are sending out penalties’ notification for noncompliance and then giving them a chance to comply.
We have already written to a number of them, informing them of the minimum penalty of N500,000, but that is not just it, we also have the power to prosecute defaulters.’’
He added that another deadline would come up in 30 days for every person, whether in employment or not, to file their annual income tax.
Mr Ango stated that the law mandates every person, whether in employment or not, to file their annual income tax returns by March 31 every year.
“This is one of the things that we hope this road show will be able to achieve. We want to see compliance as high as possible,” he said.
He appealed to law-abiding citizens to pay their taxes voluntarily, adding that payment of tax was a lawful obligation.
According to him, where the law creates an obligation, it also creates penalties and sanctions for noncompliance.
He said, “We believe in voluntary compliance as the best form of compliance, but if you do not comply voluntarily, we’ll have no option than to enforce the law, even if we don’t want to.
The laws mandate us to do so, but we pray, and we hope that it doesn’t get there, but there are also responsibilities expected from the public.
We expect those of you who have not registered to come and register with the FCT-IRS.
We pray that one day we’ll have 100 per cent tax compliance in Abuja and we’ll all be able to sit down and say that I contributed to the building of this great city, Abuja.”
He pointed out that the focus of the current administration for about two years had been on infrastructure, roads, rehabilitation of schools and hospitals, and provision of other social infrastructure.
“The Abuja that we envisage is an Abuja that can compete with any major capital city in the world. That is the FCT Minister Nyesom Wike’s vision, and we believe that that vision is achievable.
FCT-IRS
We are out on the road to let Abuja residents know that the FCT-IRS wants to partner with them to build a world-class city where we have good roads, running water, good hospitals, improved security, and where our children can go to good schools.
We want a city where we have streetlights, recreation parks, and all of the other things that make a city lovable,” Mr Ango said.
Brazil Fines TikTok $30m Over Failure to Implement Child Safety
Brazil’s data protection agency on Tuesday fined TikTok nearly $30 million for failing to implement child safety measures in what it said was a “powerful signal” to social media companies.
Eereporter.com
Brazil has taken a tough stance on the regulation of social media platforms, cracking down on disinformation and requiring users under 16 years to have their accounts linked to those of their parents.
An enforcement director with the ANPD data protection agency, Fabricio Lopes, told a press conference that TikTok “was not taking the necessary measures to prevent adolescents from accessing the platform and from having the data of these children and adolescents processed.”
This data was “being used to offer advertising to adolescents.”
He said the fine of 153.7m reais ($29.9 million) was a “powerful signal to other platforms regarding how seriously the ANPD takes this work” and that the agency hoped they “get the message.”
TikTok agreed last week to pay $400m to settle a lawsuit with the US Department of Justice over claims that the video-sharing platform collected children’s personal data without parental permission.
– Tougher enforcement –
This month, the ANPD also ordered popular streaming platform Discord to suspend livestreams and video calls after a teenage girl was allegedly encouraged to take her own life during a broadcast.
The agency told AFP that an appeal filed by Discord on Monday against the suspension is under review.
ANPD director Lorena Coutinho said the agency had, last week, initiated proceedings to verify the compliance of 22 social media networks and platforms with a law passed this year to protect children and teens online.
In addition to the fine, the ANPD ordered TikTok parent company ByteDance to delete data collected in violation of regulations.
Coutinho said TikTok had committed to suspend all adverts for users who are not logged in.
TikTok has committed to “implementing a compliance plan to improve the protection of children and adolescents,” the ANPD said.
Brazil Fines TikTok
The platform will be required to automatically apply stricter privacy settings to accounts belonging to children under the age of 16, strengthen parental supervision systems, and implement stricter content filters.
TikTok did not immediately respond to requests for comment from AFP.
In 2024, the platform X was blocked for 40 days in Brazil, until the social media network owned by the world’s richest person, Elon Musk, complied with the Supreme Court’s orders to remove accounts spreading disinformation.
Eereporter.com
Economy
Umahi Leads the Way as Tinubu Orders Immediate Action on Benin-Agbor-Asaba Road Intervention
Umahi Leads the Way as Tinubu Orders Immediate Action on Benin-Agbor-Asaba Road Intervention
The Minister of Works, Senator Engr. David Umahi, CON, has moved swiftly to address the worsening condition of the Ifaki-Kabba-Ado Ekiti road in Ekiti and Kogi States, and Benin-Agbor-Asaba Roads following President Bola Ahmed Tinubu’s directive for urgent intervention to ease the hardship being faced by motorists and commuters.
Eereporter.com
Umahi, who expressed deep concern over the deplorable condition of the road and the suffering of road users who have spent hours and, in some cases, days on the route, said the Federal Government was determined to take immediate corrective measures while working towards permanent solutions.
“President Tinubu, GCFR, has directed the Federal Ministry of Works to urgently intervene and ensure that necessary corrective actions are taken to restore movement on the affected roads as quickly as possible.” Said Umahi
The Minister, in response to the directive, has already set machinery in motion for immediate action.
As part of the intervention, Umahi directed the Minister of State for Works to lead a team of ministry officials to the Ifaki-Kabba-Ado Ekiti axis to assess the situation and commence urgent remedial works.
The assignment is already on as of 10 a.m. on Tuesday, August 25, 2026, with officials of the Ministry on the ground to begin the intervention.
While the intervention team moved into Ekiti and Kogi States, Umahi himself headed to Benin, Edo State, alongside members of the National Assembly Works Committees, to initiate a similar coordinated intervention on the Benin-Agbor-Asaba road.
The Benin meeting is expected to bring together key stakeholders, including representatives of the Edo and Delta State Governments and the Niger Delta Development Commission (NDDC), with the aim of finding immediate solutions to the challenges confronting motorists on the strategic corridor.
Umahi also took responsibility for the unfortunate situation on the affected roads and apologised to commuters who have been stranded or delayed for several hours and days.
Benin-Agbor-Asaba
He assured road users that the Federal Government’s response would go beyond temporary relief, with immediate measures being pursued alongside permanent solutions to restore the affected roads and improve their long-term reliability.
Francis Nwaze
Senior Special Assistant to the Honourable Minister of Works (Media)
August 25, 2026
Eereporter.com
Economy
NNPC Cares: Boost for Nationwide Medical Access as NMSL Deploys Laparoscopic Instrument in Abuja
NNPC Cares: Boost for Nationwide Medical Access as NMSL Deploys Laparoscopic Instrument in Abuja
NNPC Medical Services Limited (NMSL) has deployed articulating laparoscopic instruments at its main hospital in Utako, Abuja. The machine is an advanced surgical equipment designed to enhance precision and flexibility during laparoscopic procedures.
Eereporter.com
The latest deployment widens the range of procedures available at the medical facility and represents a boost for healthcare access in the country.
NNPC
Acting Managing Director / Chief Operating Officer, NMSL, Dr. Dickson Bada, received the equipment from SQI Limited, represented by Dr. Emmanuel Otitoloju.
NNPC Limited continues to invest in its medical facilities, which are open to the public nationwide, towards improving healthcare delivery in Nigeria.
Eereporter.com
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