Tag: executive order
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Court Upholds Buhari’s Executive Order On Seizure of Assets Linked To Corruption
The Federal High Court in Abuja on Thursday upheld the validity of the Presidential Executive Order 6 of 2018 which provides for the interim seizure of assets linked to ongoing criminal trials and investigations. President Muhammadu Buhari had on July 5, 2018, issued the Presidential Executive Order, which two lawyers, Ikenga Ugochinyere and Mr. Keneth…
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Buhari Signs Executive Order Compelling Nigerians To Pay Tax On Foreign Assets
President Muhammadu Buhari has signed a new executive order which among other things compels Nigerians with offshore assets and incomes to pay taxes on them. The Executive Order (008), tagged Voluntary Offshore Assets Regularisation Scheme (VOARS), was signed by the President on Monday and takes effect from the same day, the Presidency said on Wednesday.…