Along with their nine global airline partners, Based in Lagos, Nigeria, Green Africa Airways made headlines during the 2020 Singapore Air Show when it canceled an order of 50 Boeing 737 MAX aircraft and announced a purchase agreement with Airbus for 50 Airbus A220 jetliners in a deal worth $3.5 billion. Oil & gas companies with turnover of NGN100 million and above are required to pay 0.25% of their profit before tax as NASENI levy. Kanem Air is also newer local airline in Nigeria. For tickets not affected by flight cancellation in response to the pandemic, the rules of the Please enter date in the format dd space mmm space yyyy. guarantee smooth travel no Schengen visa needed. 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Delta launches Voluntary Contact Tracing for travellers returning We got punished Iheanacho rues Leicesters FA Cup ouster, French Football president, Noel le Graet, resigns, Messi wins Best FIFA mens player of the year award, DTigers fail to qualify for FIBA World Cup, Bluesky hits App Store as invite-only app. The Act provided novel solutions to what appeared then, as intractable challenges of the old defined benefit scheme, she said. By clicking Subscribe, you and By. This amendment broadens the scope of the capital requirements in the insurance sector. country of departure and arrival, that may affect your booking and that you have Dubai. So OBJ accepted the report.. immediately for further assistance. satisfied yourself on behalf of all passengers in the booking that you can proceed with the booking. attestation form before they will be accepted to travel. Are you travelling out of Nigeria and need to get a COVID-19 test? However, CGT will not apply where: Also, gains on the disposal of Nigerian Government securities (as defined by the Act) should not be subject to CGT. Kaduna State governor, Mallam Nasir El-Rufai, has declared that it will take Nigeria 20 years to offset pension liabilities incurred by defunct public institutions like Nigeria Airways, Nigeria Telecommunication (NITEL), among others. agree to our use of cookies. delivered by approved sampling centres of the Ministry of Health and Public Hygiene. The only accepted test is a SARS-CoV 2 Real Time Polymerase Chain Reaction (RT-PCR) disability are exempt from taking a COVID19 RTPCR test. How to apply for an airport transit visa (ATV): 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. Consumer and industrial products and services, International development agencies (IDAs), Technology, information, communication and entertainment. Section 1(2) of the TETFA was amended by increasing the rate of Tertiary Education Tax (TET) from 2% to 2.5% and it exempts small companies (as defined under the CITA), from TET. The passenger must undergo a COVID-19 PCR test on day 7 and Children between the ages of 5-12 years are required to pay for testing. This site uses cookies to provide you with a personalized browsing experience and allows us to understand more about you. Green Africa Airways is based in Lagos and flies to several major destinations across the country, including Port Harcourt, Abua, Owerri, Akure and more. **Please note that the requirements are constantly changing and being updated. This amendment limits the rank of the officers that may act in the cases stipulated in subsection (1c&d) from the Chief Inspector of Taxes to the Senior Manager or a Grade level 14 equivalent. The email address you entered was found in our records. Payments by Equinor to Nigeria's government related to extractive activities from 2019 to 2021 (in million U.S. dollar) [Graph], Equinor, March 18, 2022. FACT CHECK: Was Tinubus convoy stoned in Rivers State? Please contact Qatar Airways office with your payment details for quicker ticket issuance. Some former retirees of the defunct Nigeria Airways who are currently receiving part of their pension recently approved by the Federal Government have been credited twice, Daily Trust has learnt. journey and contact details form. Following the enactment of the Finance Act, all companies (including, nonresident companies providing digital services) should analyze the provisions of the Act to understand its impact on their businesses. Please Section 28 of the FIRSEA has been amended to increase the penalty payable by a bank, up to NGN1,000,000 for each quarter, where the bank fails to provide information or provides incorrect information to the FIRS, pertaining to individual or corporate customers. Contact us by email stating the error that was made on the ticket. quarantine period or testing might be a requirement when flying in from Nigeria. In the same month, British Airways secured a three year Term Loan with its parent company, IAG, for an amount of 1.65 billion, which was fully drawn by year-end. They must This would however not apply where the company has a pioneer status under the Industrial Development (Income Tax Relief) Act. not need an ATV until 1 February 2021. Passengers, over the age of 5 years old, entering or transiting through South Africa must have a Passengers can now fly to Dubai on Kenya Airways. Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development. treatment, and other expenses at the various airports. All passengers arriving in Ghana will undergo temperature screening. flying to the USA. Your {tierType} tier will expire on {tierExpiryDate}. Over 5,000 persons were verified and once we eliminate the multiple verification, everybody will be paid before the end of the week, he said. the booking. Passengers could be You will now logged out of your Privilege Club account. Nigeria's total public debt stock had evolved in the last three decades. please contact us Section 94 of the PITA was amended to increase the fine for failure to comply with provisions of the PITA where no penalty was specifically provided, from NGN5,000 in the first instance and NGN100 per day of continuous default to NGN20,000 and NGN2,000, respectively. Nigeria's President Muhammadu Buhari, on 31 December 2021, signed the Finance Bill 2021 (the Finance Act or the Act) into law with an effective date of 1 January 2022. . the final destination, Passengers travelling with pets must get clearance from the Nigerian Agricultural Passengers will present a negative COVID-19 test certificate that is issued This amendment modified the provision, as such, profits of oil & gas companies from exportation of goods are now subject to tax. So, now we have collated all the information in one place from the three centres. FACT CHECK: Is this video of a ballot box snatcher gunned down in Nigeria? 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 Africa Tax and Legal Services Leader, PwC Nigeria, Partner, Private Clients & Family Business Leader, PwC Nigeria. 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. A negative COVID-19 test result is required for all passengers arriving, transiting or departing The system is now sieving out those with multiple verification. This new section provides that the banks are required to file quarterly returns to the relevant State Internal Revenue Service. This will potentially increase the administrative burden of NRCs which are subject to VAT in Nigeria. certificate must be in English and must specify: the name of the certified laboratory at which the test was completed. To be considered fully vaccinated: If not vaccinated or partially vaccinated: List of Shares are transferred between a borrower and lender in a regulated securities lending transaction. Passengers must present a negative PCR test taken within the 72 hours prior to the scheduled (instead of 4 hours) and a negative PCR test result issued within 72 hours Sections 9 and 10(3) of the Insurance Act were amended by substituting for the words paid-up capital, with Capital requirement wherever it appears. Fly to your preferred destinations at the best fares available. Fly to your preferred destinations at the best fares, Indoctrination/Training of United Nigeria Staff, Arrival and Inspection of United Nigeria Ariplane, Departure of The First United Nigeria Airplane To Nigeria. Section 14 of the Act was amended to empower the Service to appoint any person to withhold or collect VAT, and such person is obligated to remit the VAT withheld or collected to the FIRS within 21 days of the following month. Research Expert covering primarily society and agricultural topics for Africa, particularly Ghana and Nigeria. The incentive for gas utilization is now to be claimed once by an entity. however, passengers will pay the fare differences and admin fees (if any). years of age or older, Children under 5 years of age are not required to take a pre-departure test, Upload proof of vaccination and travel documents in, Complete arrival test and quarantine if selected, You must be prepared to quarantine when entering Canada as you could be selected for an arrival tested negative, the passenger may leave quarantine. Since 16 March 2021, KLM has resumed operations in Lagos. Here are the requirements: Effective 7 February 2022, following the decision of the Moroccan authorities, Furthermore, small and medium sized companies can no longer carry forward and subsequently utilize unabsorbed capital allowances, except where such companies have the pioneer status relief as provided under the Industrial Development (Income Tax Relief) Act. certificate as proof of a negative COVID-19 test, the traveller will be required to do an antigen El-Rufai, who was the pioneer Director General, Bureau for Public Enterprises (BPE), recalled that Nigeria Airways had a huge pension arrears, adding that the only way to pay such arrears was to privatise and sell the national carrier. Start planning your It further states that the amendment also provides that the FIRS may issue further guidelines to give effect to the provisions of section 10 of the VAT Act. Balanced, fearless journalism driven by data comes at huge financial costs. This is required for all travellers 5 through contact tracing. but you can still find great fares online. Section 30 of the CGT Act was amended to remove the CGT exemption on the sale of shares. You can change your preferences at any time via the Cookie consent link at the bottom of each page. Interface (API). This amendment is to ensure alignment with the industry specific legislation as applicable in the oil and gas sector. Sri Lanka, Brazil and Latin of America into Cairo via London are NOT accepted, Vaccinated passengers travelling from any other country not mentioned above, whether direct or Join now Your perfect travel companion Our mobile app is equipped with personalised offers, seamless booking functions, in-app passport and payment card scanner, journey tracking, numerous payment options and much more. 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. Expatiating, he said: We suggested that the Federal Government should pay one percent of the pension liabilities from the federation account, but the then Attorney General of the Federation, late Chief Bola Ige kicked against it, saying that it was totally unconstitutional. Although, the amendment specified that the levy will be collected by the FIRS, it did not specify the penalty for non-compliance or clarify if the provision of the NASENI Act will be applied retrospectively. 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. On the other hand, a round-trip from Lagos to London costs around 245, 000 ($680). Children under the age of 12 and passengers who have a moderate or severe Passengers flying to South Africa should be aware of the following: Effective 29 January 2022, inbound and transit passenger(s) operations from any of the Also, taxpayers (companies and individuals) should be aware of their existing, revised, and new tax obligations to avoid various increasing penalties for non-compliance. the type of change passengers want to make. vaccination certificate showing they are fully vaccinated at least 15 days to National Agency for Science and Engineering Infrastructure Act (NASENI Act). We got punished Iheanacho rues Leicesters FA Cup ouster, French Football president, Noel le Graet, resigns, Messi wins Best FIFA mens player of the year award, DTigers fail to qualify for FIBA World Cup, Bluesky hits App Store as invite-only app. sufficient. during the last 14 days, Passengers must be fully vaccinated with one of the vaccines approved by the World Health Non-alcoholic, carbonated, and sweetened beverages are generally in high demand in Nigeria. 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. Where the taxpayer further default payment, such person will be liable to an imprisonment of six months, in addition to the liability so owed. Airlines of Nigeria [ edit] See also [ edit] List of defunct airlines of Nigeria List of airports in Nigeria List of airlines References [ edit] External links [ edit] List of popular airlines In Nigeria Netherlands. Ethiopian Airlines does not require a COVID-19 test for passengers The national vice chairman of the ex-workers union of the Airways, (north), Mr Mohammed Adamu who disclosed this, said that most of the eligible workers had been audited and paid 50 per cent of their severance package after the earlier exercise conducted in the six geo-political zones in September 2018. One of the largest deals took place last October, when US-based digital payment powerhouse Stripe acquired Nigeria's Paystack, reportedly for over $200 million. For passengers that tested positive to Covid, they will bear the cost of I agree to the terms and conditions of the Privilege Club and Student Club programme and accept the Qatar Airways Privacy Policy. Send us an FACT CHECK: Is this a video of APC thugs shooting armless voters as alleged by LP, PDP? All rights reserved. Registration successful, simply ensure your profile is complete and up to date, Amazing offers like never before. Please contact us for further assistance. To/From Rest of World $325. Entry into Qatar is currently only allowed for: For details about the process for returning to the State of Qatar, details of the countries Ground Floor, Akwa Ibom State Secretariat Annex. If the airline cancelled the flight in response to COVID-19, airline penalty will be waived, one test center is located in the international transit area (Concourse Z) to However, this will be subject to the National Assemblys approval. The Finance Act also states that the FIRS may issue further guidelines to give effect to the provision. flights from Nigeria. 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, https://www.qatarairways.com/en-ng/search-results. This applies required to: Have a negative COVID-19 PCR test based on: Passengers may be required to take a second COVID-19 test in the transit airport or at Here are the requirements: Lufthansa in cooperation with Fraport and Centogene offers three test centers at How to apply for an airport transit visa (ATV): In addition to the normal travel documents, passengers may be subject to additional In some select The exercise is meant to ensure that all eligible beneficiaries were audited and paid their entitlements. Autocomplete selection. in Sierra Leone at their own cost. Waitono said PICA had planned to start the payment of already verified pensioners in batches of 1,000 but had to halt the disbursement after it was discovered that some of the beneficiaries were verified in more than one location. Subsequently, it took delivery of 2 new Bombardier aircraft which was used to fly domestic routes throughout Nigeria. 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