Nigeria's Fiscal Policy and Tax Reforms Committee Chairman proposes doubling government revenue without new taxes, by improving tax administration and using tech to close a N20 trillion tax gap.
Nigeria's Fiscal Policy and Tax Reforms Committee Chairman, Taiwo Oyedele, believes the Federal Government can double its revenue without introducing new taxes. He suggests focusing on better tax administration and closing the estimated N20 trillion tax gap using technology. Oyedele emphasized that the Committee's approach is driven by evidence and wide consultation, aiming to address Nigeria's revenue challenges and economic potential without stifling its citizens.
June 28, 2024
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