Federal Government of Nigeria Unveils Its VOARS London Declaration Facilities
LONDON, July 27, 2021 /PRNewswire/ --The Federal Government of Nigeria today unveiledits VOARS London Declaration Facilities which administer, in London, the VoluntaryOffshoreAssetsRegularization Scheme of Nigeria .
- LONDON, July 27, 2021 /PRNewswire/ --The Federal Government of Nigeria today unveiledits VOARS London Declaration Facilities which administer, in London, the VoluntaryOffshoreAssetsRegularization Scheme of Nigeria .
- Declarations of offshore assets held anywhere in the world may be made at any of the declaration facilities in Abuja, Dubai or London.
- All proceeds are transparently invested in infrastructure development in Nigeria through the Nigeria Essential Infrastructure Fund (NEIF).
- Gary Ashford, a Tax Partner of London law firm Harbottle & Lewis, which hosts VOARS Special Clearance Facility highlighted the global drive against undeclared assets, the benefits to United Kingdom as a jurisdiction for VOARS Declaration Facilities and the similarity between UK's Lichtenstein Disclosure Facility of past years and Nigeria's VOARS London Declaration Facilities.