Nigerians react to Buhari's MoU importing Crude Oil from Niger Republic

Sitting -Foumakoye Gado, Niger Energy Minister, Ibe Kachikwu, Nigeria's Minister of State for Petroleum with Nigerien and Nigerian Presidents, Issoufou Mohamadou and Muhammadu Buhari standing behind.

President Muhammadu Buhari and his Nigerien counterpart, Issoufou Mahamadou, Tuesday witnessed the signing of a Memorandum of Understanding of Niger-Nigeria Hydrocarbon Pipeline and Refinery Projects between Nigeria's Minister of State for Petroleum, Ibe Kachikwu and Republic of Niger's Minister of Energy, Foumakoye Gado, at the State House in Abuja.

Speaking at the event, Buhari said Nigeria and Niger have excellent relations for several decades, as neighbours sharing a long border with common cultural and historical ties.

DOING BUSINESS IN NIGERIA - TAX MATTER

As Nigeria undergo series of CHANGES and restructuring to ensure corruption is eradicated and good governance is enshrined, kindly note that the government is depending on TAX to augment the shortfall in crude oil prices.

While a number of difficulties may be experienced as event unfold, it would rather be an easy ride for businesses that are well prepared ahead before the TAX MEN hit the streets.

What is Tax?

Tax is defined as a compulsory Money paid to the government other than transaction-specific goods and services.

It can be said to be a burdensome demand.

This implies that everyone of us are liable and responsible on this assignment to pay our taxes to the government.