We’re not increasing taxes —Nigerian Govt

The Federal Government has clarified that it is not expanding taxes, noting that Nigeria lone needs much taxpayers.

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, made this remark connected Thursday portion receiving a delegation from the Chartered Institute of Taxation of Nigeria, CITN, astatine his bureau successful Abuja.

Oyedele hailed the institute for introducing a National Tax Awareness Day and for supporting the existent taxation reforms of the Federal Government.

The curate charged the institute to treble its effort successful nationalist enlightenment, stressing that galore Nigerians inactive presumption taxation arsenic a means for the authorities to instrumentality wealth from citizens.

He reiterated that the precedence of the authorities is not to summation taxation rates but to broaden the taxation basal by ensuring that each eligible taxpayers conscionable their obligations.

“We are inactive not getting capable gross from taxes.

“It is not astir expanding taxes but making definite that those who are expected to wage taxation pay. We privation to beforehand fairness successful taxation administration,” helium said.

We’re not expanding taxes —Nigerian Govt