FIRS

National Information Technology Development Levy (NITDL)

 
  1. The Levy is governed by National Information Technology Development Agency Act, CAP N156 LFN 2004 (as amended)
  2. The Levy is charged at the rate of 1% of Profit before tax
  3. The Levy is charged on specified companies with turnover of N100 million and above

Companies liable to pay the Levy are:

  1. GSM Service Providers and all Telecommunication Companies
  2. Cyber Companies and Internet Providers
  3. Pension Managers and Pension Related Companies
  4. Banks and other Financial Institutions and
  5. Insurance Companies