So, why are patients travelling abroad for healthcare? It is tempting to attribute much of this to lack of local facilities, inability to perform procedures locally and high costs charged where services are available. While this is true in some cases, the data might suggest that there is a more fundamental problem that's driving patients to seek care outside Nigeria.
This document aids our understanding of the Contributory Pension Scheme at state level and how PwC can help state governments achieve full compliance
The existing international tax rules assume that you need a certain level of physical presence (an office, a factory, a workshop etc.) in a foreign country before you can make any significant or stable revenues. Once you have this physical presence (otherwise known as a Permanent Establishment or PE for short), you are required to pay tax in the foreign country.
Two key highlights emerged from President Muhammadu Buhari’s week-long visit to China. First was China’s offer of a loan estimated at $6 billion to fund infrastructure projects across the agricultural, solid minerals and industry sectors. Second was the announced currency swap agreement by the Industrial and Commercial Bank of China Limited (ICBC) and the Central Bank of Nigeria (CBN).
Businesses need to put together a programme which will bring more significant cost savings by 'doing with less' and 'doing things differently'.
It is glaring that Nigeria will not be able to sustain her current level of economic growth without enhancing her infrastructure. Investing in infrastructure will drive economic growth, provide jobs, and deliver vital services to the country and the majority of its citizens.
On the basis of the dwindling oil prices, and falling government revenue, taxpayers should expect tax authorities to intensify their efforts to re-examine and re analyse all aspects of the tax laws. This means new issues may be raised on items that were previously ignored or have hitherto been accepted as industry practice.
Climate Science is a seemingly complex area, and underlies any understanding of the functioning of the earth’s climate system as well as the effects of natural and human activity on the climate. The pace for global climate change counteraction has been set by the United Nations (UN) Framework Convention on Climate Change (UNFCCC).
Our analysis identifies Agriculture, Petroleum (Petrochemical and Refining), Retail, and ICT as priority sectors with the most dominant transmission links to the overall economy
Nigeria's economy grew by 2.7%y/y in 2015, which represents the slowest growth in the past five years, much lower than the 5-year real GDP average of 4.8%y/y. Real growth decelerated sharply to 2.1%y/y in Q4'15, reflecting the weakest quarterly performance following a contraction in growth across industries and moderation in the services sector (77% of GDP).