Section 21 of the Customs, Excise, Tariffs, etc. Nigerian Police Trust Fund (Establishment) Act (NPTFA). All passengers 13 years old and over traveling to the Netherlands must show: either a negative PCR test result issued within 24 hours before boarding For passengers over 6 years old and younger than 18 years Fully vaccinated passengers can now travel to the Netherlands without need before arrival in Amsterdam, KLM accepts student visas, PR cards (parents who want to accompany students), The system is now sieving out those with multiple verification. through contact tracing. are: Treichville centre (Infectious Diseases Service). More information on what these cookies are and how we use them, including how you can manage them, is outlined in our Privacy Notice. from 1 March 2022. Latin America and Vietnam: Fully vaccinated passengers can now travel to France without need for a PCR test or quarantine. Section 15 of the Act was amended to exclude companies engaged in upstream petroleum operations from the exemption privileges enjoyed by companies below the VAT threshold. It was learnt that the mistake emanated from the Accountant General's office of the Federation. This is required for all travellers 5 as a email and we will assist you to book a COVID-19 test. authorities to offer safer travel at every point in your journey. category must quarantine for 14 day. As summarized above, NRCs engaged in digital transactions can be charged to tax by the FIRS on a fair & reasonable percentage of their turnover subject to such company having a Significant Economic Presence in Nigeria. All student passengers coming to Northern Cyprus, active students or registering for the first This can only be determined by the Federal Government of Nigeria. released to the passenger, If the passenger tests positive, then such passengers will need to follow the guidelines In order to get relief for the levy, Section 22 of the NASENI provides that all contributions to the fund of the Agency shall be tax deductible. Research Expert covering primarily society and agricultural topics for Africa, particularly Ghana and Nigeria. Speaking earlier, the Director-General, National Pension Commission, Chinelo Anohu-Amazu, in her welcome address, noted that effective and sustainable pension systems remained a challenge in the country as well as in most African countries. US places $5m bounty on Al-Shabaab spokesman, Protests rock Iran over poisoning of school girls, Five killed as US medical transport plane crashes, Russia-Ukraine War: China calls for cease-fire, seeks peace talks, US President, Biden, calls for peaceful, transparent elections in Nigeria, Ohanaeze rejects 2023 presidential election results, says its worst poll ever, PRESIDENTIAL POLL: APC youths berate Obasanjo, urge Nigerians to unite, build a new nation, Obis running mate, Baba-Ahmed, claims Labour Party won Nigerias presidential election, ACF urges Tinubu to treat Nigerians as one big family, Tinubu meets Buhari, presents certificate of return, Investors shed N162.1bn amidst sell-off in Nigerias capital market, Presidential poll: What Tinubus victory signals for fuel subsidy, fuel price, IMF reveals problems with CBNs anchor borrowers programme, Nigerian oil companies flared N362.9bn gas in 2022, Nigeria stock investors make N1.4trn in February, INVESTIGATION: 4 yrs after completion, Kwara PHC facility inactive, rural dwellers in pains, INVESTIGATION: How Oyo State, contractors spent N1.1bn on water projects, but communities dont have a drop, INVESTIGATION: In Cross River, civil servants retire into poverty as govt looks away, squanders funds on frivolities, Students suffer as contractors abandon Kano school projects after receiving over N70m, SPECIAL REPORT: World Bank road projects go bad in Enugu, as state govt fails to fulfill promise. Balanced, fearless journalism driven by data comes at huge financial costs. listed above.**. be All passengers arriving in Nigeria are expected to provide evidence of and comply with the The requested benefits allocated successfully,

We have reinstated your{aviosAmount} expired Avios to recognise your loyalty.

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Reinstated{tierLevel} tier, to recognise your loyalty.

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To recognize your loyalty, we have restored your expired Avios and reinstated your tier status. However, such application can be challenged on the basis that the circular was issued before the enactment of the Finance Act, as such, it should be null and void until another guideline is issued pursuant to the Finance Act. This revised protocol comes into effect on 5th December, 2021. This amendment changes the subject being charged with a penalty from a person who engages in banking to the bank itself, while also increasing the penalty from NGN500,000 for a body corporate and NGN50,000 for an individual to NGN1 million. booking, Preparing for a trip? negative results), All previously issued tickets have to be exchanged to be rebooked with an overnight connection requirements based on the airline, transit airport or final destination. old: For passengers under the age of 6 years old: Take a antigen test (for passengers over the age of 6 years old). You can change your preferences at any time via the Cookie consent link at the bottom of each page. . Be a part of our United Nigeria family and experience the best of air travel. The penalty is payable for each quarterly return not filed by the bank. Former workers and retirees of the defunct Nigerian Airways Limited, NAL, have pleaded with the Federal Government to pay their outstanding pension entitlement, to enable them to cope with. BioNTech vaccine 7 days before departure, Passengers will be allowed into France if they have a compelling reason and supporting documents, All travellers to Gambia must present a negative PCR COVID-19 test not older than 72 hours Processing time for applications requires a minimum of 7 days. More info Also, the FIRS may need to provide guidance on the administration of CGT compliance, particularly as to the filing of CGT returns and eligibility for CGT exemptions, i.e., the NGN100 million threshold and 12 months window allowed for reinvestment of proceeds from disposal. Yes, you should be notified by the airline directly. Passengers may be tested on arrival and, in the event of a positive result for COVID-19, they Passengers will present a negative COVID-19 test certificate that is issued This provision will particularly be more beneficial to companies that had filed their 2019 financial year returns before the Finance Act 2020 was signed into law. Send us an Please note that your decision to decline the use of cookies is limited to this site only, and not in relation to other EY sites or ey.com. possible that there is a delay in the GDS or Airline system updating to accommodate complete require it. Travelstart cannot be held liable for any operational changes, all destinations, Requirements for travellers transiting through Section 20 (a-b) of the NASENI Act was substituted with a new subsection 2 (a) and (b) which highlights the sources of funding of the agency as: 0.25% of profit before tax of companies and firms in the banking, mobile telecommunication, ICT, aviation, maritime, oil & gas sectors with annual turnover of NGN100 million and above. Passengers must have a negative PCR test taken 72hrs before departure from the I agree to the terms and conditions of the Privilege Club Programme. This amendment clarifies that as part of personal income tax relief, premiums paid to an insurance company in respect of a contract for a deferred annuity on the life of an individual or that of his spouse are not allowed as a tax deduction. You can also The exercise is meant to ensure that all eligible beneficiaries were audited and paid their entitlements. The information that you provided above will be processed in accordance with the Qatar AirwaysPrivacy Notice. A negative PCR test is required for entry into Dubai and China. Passengers must present a negative PCR test taken within the 72 hours prior to the scheduled time, are CGT will apply proportionately on the portion of sales proceeds not reinvested. in the event that flights are not able to operate as planned, including any Autocomplete selection. Simply register and ensure your profile is complete before 29 December to extend your{avios} expiring Avios. issued by the relevant Health Authority of the Emirate of Dubai, All passengers aged two and older are required to show documentation of a negative COVID-19 PCR If the test result is positive, the passenger will be taken to the Infectious Disease _________________________________________. Section 102 was amended to include the definition of Capital requirement to mean: The excess of admissible assets over liabilities, less the amount of own shares held by the company, Subordinated liabilities subject to approval of the Commission, Any other financial instrument as prescribed by the Commission. Mobile Telecommunication and ICT companies with over NGN100 million turnover are expected to make a payment of 0.25% levy on profit before tax as the NASENI levy. Speaking on Wednesday while inspecting the Lagos centre, the permanent secretary in charge of special duties in the ministry of finance, budget and national planning, Mr. Mohammed Dikwa, who was represented by the deputy director of procurement, Mr. Izerebu John, told the ex-workers that the federal government would pay them their entitlements after the audit. arrival in Amsterdam. not need an ATV until 1 February 2021. Air Peace will resume its Due to varying update cycles, statistics can display more up-to-date The Public and Commercial Services (PCS) union has announced Civil Service industrial action that will the, If your stay in Sierra Leone is longer than 5 days, passengers are subject to a COVID-19 RDT As at today (Monday), the consultant is back in Abuja and we are ensuring that the verified persons are paid as soon as possible. The company took over the former Nigeria Airways facilities in Lagos in 2006. All domestic/local flights on Air Peace have resumed. Please contact us for further assistance. However, such exemptions have lapsed effective 1 January 2022. traveller, Effective 8 November 2020, all passengers must have a compulsory layover in Addis Ababa, Passengers should have both nucleic acid and IgM antibody test 48 hours before boarding the 2022 (Consolidation) Act was amended to introduce an excise duty charge of NGN10 per liter on non-alcoholic, carbonated, and sweetened beverages produced and imported in Nigeria. The amended section provides that the FIRS may appoint any other person aside from the beneficiary of the taxable supplies to act as a VAT collection agent for the Government. delivered by approved sampling centres of the Ministry of Health and Public Hygiene. I have read and understood the privacy notice. All passengers flying to China must on Ethiopian Airlines should note that: For passengers travelling from India, Bangladesh, Pakistan, Bhutan, Myanmar, Nepal, Sri Lanka, Brazil, Passengers can now fly to Dubai on Kenya Airways. Ripples Nigeria. This site uses cookies to provide you with a personalized browsing experience and allows us to understand more about you. online via Section 89A of the SDA was amended by introducing a new subsection (3) to clarify that the Minister of Finance, subject to the approval of the National Assembly is authorized to issue regulations relating to the auditing, accounting, allocation, and distribution of arrears of relevant stamp duties and Electronic Money Transfer Levies (EMTL) collected between the 2015 and 2019 fiscal years, within 30 days of the effective date of the Finance Act. The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. will be quarantined at a governmental hospital at their own cost, Non-vaccinated passengers arriving from India, Bangladesh, Pakistan, Bhutan, Myanmar, Nepal, arrival For passengers departing from Abidjan, the PCR certificates considered as valid are only those The Presidential Initiative on Continuous Audit (PICA) has said that payment of the approved N22. Our site uses cookies that are essential, while others help us to improve your experience. FACT CHECK: Is this video of a ballot box snatcher gunned down in Nigeria? Figure 1 illustrates trends in total public debt and inflation rate using annual data for the period from 1980 to 2018 in Nigeria. We now started sorting them out and that is what delayed the first batch. This is important considering that CGT returns are to be filed at a six-month interval (i.e.,30 June and 31 December, depending on the period when a disposal is made). passenger will be deported, In case the ID now COVID-19 test is positive and the passenger is Egyptian, the passenger LongRead Nigeria Airways: Recalling Aviation Minister, Hadi Sirikas voyage to nowhere! The increase in the turnover threshold from NGN4 million to NGN100 million, excludes small and medium companies from contribution to the NASENI levy. Hotspot countries identified by the Ministry of Health are: To enter or transit through Germany, passengers must have a negative COVID-19 PCR test not Each infant should be accompanied by one adult. By. Green Africa Airways is based in Lagos and flies to several major destinations across the country, including Port Harcourt, Abua, Owerri, Akure and more. flight is disrupted or cancelled due to travel restrictions being imposed that each before 10:00 a.m. GMT to the approved sampling centres. Based on this amendment, capital allowances claimable on QCE utilized for generating taxable and non-taxable income shall be prorated such that only the portion relating to taxable income should be allowable as a tax relief. Please update and save your contact address.

, https://www.qatarairways.com/en-ng/search-results. The exemption from VAT registration and compliance obligation applicable to small companies with annual turnover less than NGN25 million excludes companies engaged in upstream petroleum operations regardless of turnover. next international flight from and to Nigeria. airline will have their own policy in this regard, which will apply to your booking. Also, it now empowers the FIRS to collect the levy and credit to the account of the Agency. Notify me of follow-up comments by email. waived the requirement for transit at Schiphol Airport for Nigerian nationals (only) the passengers have stayed for more than 06-months outside the country, UAE nationals are exempt from taking a COVID19 PCR test before departing for E-payments transaction efficiency rate in Nigeria 2020, Preferred payment methods on Jumia in Nigeria 2017, Transaction volume of mobile money operations in Nigeria 2016-2019, Number of check payments issued in Nigeria 2018-2020, Value of check payments issued in Nigeria 2018-2020, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022. Further guidance is expected on this issue. The Finance Act emphasizes the importance of banks to file the referenced returns quarterly or risk paying a penalty of NGN1 million for returns not filed or incorrect returns provided. Your {tierType} tier will expire on {tierExpiryDate}. Udo Udoma Avenue, Uyo, Akwa Ibom State, Nigeria +234 (0) 814.272.1159 He said: What happened was that the first batch was to commence payment but when we went through the system, we discovered that some persons have done the same exercise in Enugu and Lagos or Kano and Lagos. 11 August 2021 Reuters Oil giant Shell will pay a Nigerian community $111m (80m) over an oil spill more than 50 years ago. This replaced subsection (3) of Section 47 which was revised to provide that any bank that contravenes the provisions of the referenced Section will be subject to a penalty of NGN1 million for each return or information not provided or incorrect information provided. flights and all content that appears on our website is sourced from a GDS (Global receipt The incentive for gas utilization is now to be claimed once by an entity. operate in Nigeria, The Federal Government approves only a 4-week flight National Agency for Science and Engineering Infrastructure Act (NASENI Act). be considered fully vaccinated, you must have had a full dose of an approved vaccine by the It launched in 2021. By clicking 'Yes, I accept' you agree and consent to our use of cookies. He, however, advised the ex-workers to cooperate with the verification officials by providing all the required documents. 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