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The 1st NIP is the period 2010-2013 and it aims to bridge the infrastructural gap in the country, optimize the sources of economic growth to increase productivity and competitiveness, develop a knowledge-based economy to deepen the technology base of the country, improve governance, security law and order, and foster accelerated, sustainable ...
The VAT Information Exchange System (VIES) is an electronic means of transmitting information relating to VAT registration (i.e., validity of VAT numbers) of companies registered in the European Union. EU law requires that, where goods or services are procured within the EU by a VAT taxpayer, VAT must be paid only in the member state where the ...
The Nigeria Customs Service (NCS) is an agency of the Federal Republic of Nigeria, which operates as an independent customs service under the supervisory oversight of the Nigerian Ministry of Finance, responsible for the collection of customs revenue, facilitation of both national and international trade, anti-smuggling and border security activities.
The annual Nigerian Economic Summit (NES) is organised in collaboration with the Federal Ministry of Budget and National Planning. The Summit is a yearly gathering of high-level public and private sector leaders in Abuja, the nation’s capital, for dialogue on Nigeria’s economic management.
Release of shipping and cargo manifests by the Nigerian Ports Authority, shipping lines, and airlines to NAFDAC inspectors. [9] For several years, Nigeria was drowned in an ocean of fake drugs. Then Dora Akunyili approached her job with zeal in order to rid the Nigerian drug market of fake drugs and contaminated water sold as "pure water." [10]
The Nigerian Investment Promotion Commission was established by the United Nations Conference on Trade and Development [6] through Chapter N117 of the Nigerian Investment Promotion Act of 1995, and later became a specialized agency of the Federal Government of Nigeria through Chapter N117 of the Nigerian Investment Promotion Act of 2004 [7] by the former President of Nigeria Olusegun Aremu ...
A value-added tax identification number or VAT identification number (VATIN [1]) is an identifier used in many countries, including the countries of the European Union, for value-added tax purposes. In the EU, a VAT identification number can be verified online at the EU's official VIES [2] website. It confirms that the number is currently ...
The fund is composed of three distinct funds or windows, each with specific investment and development objectives. [1] [3] [4] Of the initial $1bn, 85 percent of the funds will be distributed among the three windows with an initial 15 percent or $150 million remaining unallocated, to be assigned to either of the three funds as needed in the future. [22]