Exploring The Economy of the South-EAST: ABIA State

Abia State came into existence in 1991 with Umuahia as its state capital. The state covers approximately an area of 4,900 square kilometres. It is estimated that the population is about 3.72 million.

Abia’s gender distribution is closely aligned between males and females with about 50.3% males and 49.7% females making up the population. Abia’s age distribution has about 60.1% of its population in the 15-64 age bracket, thus showing a viable labour force and active working population.

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The TaxaideR 1.6 – Special 5th Year Anniversary Edition

First Thoughts

So, it’s been one serious series of downpours recently. If it rains today, it would make it seven days straight . . . in Lagos, Nigeria that is. I am a little worried because I feel we haven’t even seen anything. It’s not even July yet! I work on the island and so I have a very good idea of how it could get when the rainy season hits its peak. I recall some folks in VGC and Lekki Phase 1

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Nigeria’s Free Trade Zones: Locating Nigeria’s Tax-Free Goldmines

According to the World Bank, Free Trade Zones (FTZs) are duty-free areas, offering warehousing, storage, and distribution facilities for trade, trans-shipment, and re-export operations. FTZs have also been described as as a class of special economic zones, where goods may be landed, stored, handled, manufactured or reconfigured and re-exported under specific customs regulations and generally not subject to customs duty. We are more inclined to the latter definition because it expands the definition of a FTZ. We surmise that a FTZ is an economic model designed to improve the socio-economic development of the FTZ’s host by the FTZ attracting local and foreign investors through vast tax and reduced-regulation incentives.

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The TaxaideR Newsletter Vol 1.5 (May 2019)

FIRST THOUGHTS

In a flash, it’s 20 years already! I don’t think we could call our democracy nascent anymore. In fact, we honestly shouldn’t. I think this one has come to stay and what better way to prove this by surviving for 20 years. I recall that fateful day on May 29th, 1999 when we ushered in Nigeria’s fourth republic with the swearing in of President Olusegun Obasanjo.

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A Boring Story about Pension

A Boring Story about Pension

At the end of the day whether you’re a client, techie, tax professional, or even an intern; you should spend more time creating new solutions instead of going through the motions. Oh wait, sorry that’s meant to be my closing paragraph… Ok ignore that and let’s start again.

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