Search results
Results from the WOW.Com Content Network
Statutorily and administratively, the FIRS has the responsibility for the assessment, collection and accounting of taxes to the Government: [9] The timely provision and publication of accurate data and annual reports to the Federal Government of Nigeria and other stakeholders to inform national economic planning, academic research, tax policy and development legislation [10]
National Identity Management Commission (NIMC) is a statutory Nigerian organization that operates the country's national identity management systems. It was established by the NIMC Act No. 23 of 2007 to create, operate and manage Nigeria's national identity card database, integrate the existing identity database in government institutions, register individuals and legal residents, assign a ...
Budget Office of the Federation (BOF) [24] Bureau of Public Procurement (BPP) [25] Central Bank of Nigeria (CBN) [26] Corporate Affairs Commission (CAC) [27] Debt Management Office (DMO) [28] Federal Inland Revenue Service (FIRS) [29] Federal Mortgage Bank of Nigeria (FMBN) [30] Fiscal Responsibility Commission (FRC) - defunct[3]
A national identification number, national identity number, or national insurance number or JMBG/EMBG is used by the governments of many countries as a means of tracking their citizens, permanent residents, and temporary residents for the purposes of work, taxation, government benefits, health care, and other governmentally-related functions.
Bank Verification Number. The Bank Verification Number commonly called BVN is a biometric identification system implemented by the Central Bank of Nigeria to curb or reduce illegal banking transactions in Nigeria. [1] It is a modern security measure in line with the Central Bank of Nigeria Act 1958 to reduce fraud in the banking system. [2]
A Taxpayer Identification Number (TIN) is an identifying number used for tax purposes in the United States and in other countries under the Common Reporting Standard. In the United States it is also known as a Tax Identification Number (TIN) or Federal Taxpayer Identification Number (FTIN). A TIN may be assigned by the Social Security ...
Constitution of Nigeria. Website. https://finance.gov.ng/. The Federal Ministry of Finance is the government body that manages the finances of the Federal Government of Nigeria, including managing, controlling and monitoring federal revenues and expenditures. [1]
Politics of Nigeria. The federal government of Nigeria is composed of three distinct branches: the executive, the legislative, and the judicial, whose powers are vested and bestowed upon by the Constitution of the Federal Republic of Nigeria. [1] One of the primary functions of the constitution is that it provides for separation and balance of ...