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The sixteen Nelson Mandela Annual lecture delivered by the former US president Barrack Obama "Today"#CAP

The Nelson Mandela Annual Lecture Series invites prominent people to encourage debate on important social issues. The series is a significant event on the Nelson Mandela Foundation’s calendar and encourages people to enter into dialogue – often about difficult subjects – in order to tackle the challenges we face today. Previous speakers include former US president Bill Clinton, Archbishop Desmond Tutu, Nobel laureate Wangari Maathai and Liberian President Ellen Johnson-Sirleaf. Teh 2018 Nelson Mandela Annual Lecture, in partnership wif teh Motsepe Foundation, is to be delivered by former US President Barack Obama in Johannesburg. To mark teh centenary of Madiba’s birth, teh lecture’s theme will be “Renewing teh Mandela Legacy and Promoting Active Citizenship in a Changing World”. Teh Nelson Mandela Annual Lecture will, therefore, focus on creating optimal conditions for bridging divides, working across political lines, and resisting oppression and inequality. Teh lecture will take pla…

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Beggars in Nigeria will start paying tax – FG #CAPnews

The Nigerian government has stated that no one would be left out in the campaign to enlarge the tax revenue.  She said some beggars were earning millions and that “proceeds from begging are taxable. You are supposed to pay taxes even if your means of income is begging”.

Minister of Finance, Mrs. Kemi Adeosun said this in Lagos at a lecture at PWC’s Business School, with the theme: ‘Voluntary Assets and Income Declaration Scheme (VAIDS) Interactive Session for Executives and Business Owners.’

She said to ascertain the income status of the companies/individuals and their lifestyle, investigators would rely on information derived from Bank Verification Number (BVN), records of property ownership, records of foreign exchange allocation, and records of company ownership from the Corporate Affairs Commission (CAC), among others.

Adeosun said: “We are using some firms to trace assets internationally.The investigators’ findings will enable us to compare the income and how much tax the company/person is really paying, and that gives us lots of information.
“But we encourage people to come up and pay their taxes willingly. You can register a high-end car. It tells me something about your income.

“So, we look at your tax returns. If you registered Mercedes E-Class and you are paying N100,000 tax, then something is wrong. Those are red flags. We now have the capacity to assess people accurately.

“We are trying to build an economy where we have oil and other things. It is going to be oil plus and wider economy”.

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