OFFENCES & PENALTIES- PENSION REFORM ACT 2014

Offences and Penalties

The Act includes a few novel provisions with respect to offences and penalties. The Act criminalises an attempt to commit an offence and imposes the same penalty as the offence itself.

The penalties for misappropriation have also

PENSION REFORM ACT 2014

 Key Highlights and Salient Points

On 1 July 2014, President Goodluck Jonathan signed into law the new Pension Reform Act 2014 which repealed the Pension Reform Act No. 2 of 2004 (repealed Act). Like the repealed Act, the new Pension Reform Act governs and regulates the administration of the contributory pension scheme for

NIGERIA TAX STRUCTURE

Under the current Nigerian law, taxation is enforced by the THREE tiers of Government, viz: Federal, State, and Local Government with each having its sphere clearly spelt out in the Taxes and Levies (approved list

NEW NIGERIAN PERSONAL INCOME TAX LAWS

Under the current Nigerian law, taxation is enforced by the THREE tiers of Government, viz: Federal, State, and Local Government with each having its sphere clearly spelt out in the Taxes and Levies (approved list