NO TIN-FOR-BANK ACCOUNT REQUIREMENT IN FINANCE BILL

No TIN-for-bank account requirement in Finance Bill – Presidency

The President, Major General Muhammadu Buhari (retd.)

The Presidency said on Sunday that there is no provision in the Finance Bill (2022) that states that banks will be required to request for Tax Identification Number before opening bank accounts for individuals and existing account holders must provide their TIN to continue operating their accounts.

A top Presidency said this in a statement titled ‘No TIN requirement for Nigerians to operate bank accounts in Finance Bill 2022, says Presidency”.

According to the source, there are no provisions in the Finance Bill 2022, now before the National Assembly, forcing Nigerians to have a Tax ID number in order to operate a bank account.

The presidency highlighted the main changes proposed under the bill, which it said would be further defended this week at both the Senate and the House of Representatives.

Comments

Countries Accepting Nigerians Seeking Second Citizenship

Countries Accepting Nigerians Seeking Second Citizenship Nigerians are able to access the following citizenship and immigration programs: The Caribbean Second Citizenship Programs, Caribbean nations like St. Kitts & Nevis, St. Lucia and Grenada offer second citizenship through their respective Citizenship-by-Investment programs. A holder of one of these passports may travel visa free to about 135 countries, including all European Union countries, the UK, Russia, Turkey, Singapore and Hong Kong. Holding a citizenship from one of these respected countries may also make it easier to obtain residency status or study in other countries, and allows political security and makes it easier to open bank accounts in foreign jurisdictions. To qualify, an applicant needs to be of good reputation and make a government donation of at least $100,000 USD after approval of their citizenship application. Approval of a Citizenship-by-Investment application normally takes about 3 months, a...

EXCLUSIVE BREAST MILK IS THE BEST ONDO FIRST LADY TELLS NURSING MOTHERS AT BREASTFEEDING WEEK CELEBRATION

Government Stresses Importance of Breast milk for Children as Ondo State Celebrates Commencement of World Breastfeeding Week . ....525 nursing mothers breastfeed children. Ondo State on Friday joined the rest of Nigeria and the International Community in the celebration of 2024 World Breastfeeding Week. In a message to the event, held at the International Event Centre, The Dome, in Akure, the First Lady, Mrs. Oluwaseun Aiyedatiwa emphasized the critical importance of initiating breastfeeding within the first hour of birth and maintaining exclusive breastfeeding for the first six months. The wife of the Governor, who was represented by Commissioner for Women Affairs, Mrs. Lola Fagbemi, reiterated that workplaces in the state are being adapted to support nursing mothers, highlighting the state's commitment to providing conducive environments for breastfeeding. She noted that Ondo State places significant priority on maternity leave for nursing ...

TEMPLATE ON HOW TO POSITION ONESELF FOR MORE RELEVANCE AFTER YEARS OF PUBLIC SERVICE: THE DR BARRISTER ROTIMI ADEYEMI EXAMPLE

TEMPLATE ON HOW TO POSITION ONESELF FOR MORE RELEVANCE AFTER YEARS OF PUBLIC SERVICE: THE DR BARRISTER ROTIMI ADEYEMI There is time for everything under the Sun: time to be born, time to die, time of joy and of sadness, time to take and to give, time to start and time to end etc. Everything under the has its allotted time. The above passage taken from the Holy Writ best summarises the life of every mortal. This has nothing to do with education, wealthy, position, religion etc. It is the lot of all of us. Every peregrination of man commences sometime and somewhere. When the then young, bubbling and energetic Rotimi Adeyemi joined the public service in those days and came round, people used to call him wolewole. It was a derogatory word used to describe sanitary inspectors. They were popular on account of their notoriety for making life difficult for landlords and occupants of unhygienic surroundings. People saw them as burdensome...

News, Events and People.

Search This Blog