RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Economy

Nigeria Revenue Service Denies Introduction of New Vehicle Tax

Victoria Attah by Victoria Attah
April 27, 2026
in Economy
Reading Time: 1 min read
A A
0
Federal Government to Generate N12bn Annually from new vehicle tax.
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

The Nigeria Revenue Service (NRS) has firmly debunked a viral infographic claiming that the Federal Government has introduced a new tax on vehicles, scheduled to take effect from July 1, 2026.

In a statement issued on Monday, the service described the circulating material as false and misleading. The infographic reportedly instructed owners of private, commercial, and corporate vehicles to pay an unspecified vehicle tax either online or through designated banks and agencies.

AlsoRead

DisCos Collect N603.64 Billion in Q2 Despite Lower Power Offtake

High Gold Prices Accelerate Africa’s Drive for Domestic Refining

Nigeria Surpasses Financial Inclusion Target, Yet Tens of Millions Remain Financially Fragile

Mr Dare Adekambi, Special Adviser to the NRS Chairman, Dr Zacch Adedeji, and official spokesperson for the service, clarified that no such new tax has been introduced by the Federal Government.

He pointed out several inaccuracies in the viral content, including a wrong link directing people to http://www.firs.gov.ng instead of the correct official website of the Nigeria Revenue Service, which is http://www.nrs.gov.ng. The material also lacked any identifiable author or official source.

“The NRS wishes to state categorically that the information did not emanate from the service or any government agency,” Adekambi said.

The spokesperson urged members of the public to disregard the fabricated message and rely solely on information disseminated through verified official channels of the government or its agencies. He warned against trusting anonymous graphics and unverified claims circulating on social media.

Adekambi advised Nigerians to consult only the official website of the NRS and its verified social media handles for accurate and up-to-date information on tax matters and other activities of the service.

The clarification comes amid growing concerns over the spread of misleading information online, which often aims to create confusion or exploit citizens. The NRS reiterated its commitment to transparency and encouraged the public to remain vigilant against such deceptive materials.

No new vehicle tax has been introduced, and citizens should ignore any claims suggesting otherwise.

Tags: CARFGNRSTax
Previous Post

Dangote Refinery Expansion to 1.4 Million Barrels Per Day Expected to Create 95,000 Jobs

Next Post

Naira Depreciates Further Against US Dollar at Official Market

Related News

Nigeria Exports Electricity Worth N23bn as Local Consumers Suffer Outages.

DisCos Collect N603.64 Billion in Q2 Despite Lower Power Offtake

by Victoria Attah
October 5, 2026
0

Electricity distribution companies recovered N603.64 billion from customers in the second quarter of 2026 even as the volume of power...

Gold Prices Slide to Three-Week Low Amid Fed Rate Hike Warnings

High Gold Prices Accelerate Africa’s Drive for Domestic Refining

by Victoria Attah
October 5, 2026
0

African gold-producing nations are accelerating investment in local refineries as governments seek to retain more value from the metal, strengthen...

CBN Allows Oil Companies to Resume Dollar Sales to Banks in Effort to Boost Supply.

Nigeria Surpasses Financial Inclusion Target, Yet Tens of Millions Remain Financially Fragile

by Jide Omodele
October 5, 2026
0

Nigeria’s formal financial inclusion rate climbed to 73 per cent in 2026, exceeding the 70 per cent goal set under...

Nigeria’s public debt stock grew to 2.84% in Q3 2022.

Ways and Means Debt Records First Drop as Moratorium Ends

by Victoria Attah
September 29, 2026
0

The Federal Government’s securitised Ways and Means liability fell by N613.34 billion in the second quarter of 2026, marking the...

Next Post
Naira Strengthens as Anticipation Mounts for $10 Billion Forex Inflows

Naira Depreciates Further Against US Dollar at Official Market

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Debunking the Fuel Scarcity Myth and Its Impact on Financial Wellness

Dangote Refinery Halts Petrol Sales to Importing Marketers

October 6, 2026
CBN Allows Oil Companies to Resume Dollar Sales to Banks in Effort to Boost Supply.

CBN Returns N10.89 Trillion via OMO Maturities in September but Withdraws N6.62 Trillion Net

October 6, 2026

Popular Story

  • Nigeria Exports Electricity Worth N23bn as Local Consumers Suffer Outages.

    DisCos Collect N603.64 Billion in Q2 Despite Lower Power Offtake

    0 shares
    Share 0 Tweet 0
  • Naira Breaks Below N1,500 Against Euro for First Time Since April 2024

    0 shares
    Share 0 Tweet 0
  • High Gold Prices Accelerate Africa’s Drive for Domestic Refining

    0 shares
    Share 0 Tweet 0
  • CBN Returns N10.89 Trillion via OMO Maturities in September but Withdraws N6.62 Trillion Net

    0 shares
    Share 0 Tweet 0
  • FMDQ Foreign Exchange Turnover Falls 35.41% to $1.70 Billion as Spot Activity Slows

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>