Nigerian House of Representatives urges tax policy review to ease financial burden on citizens, especially low-income earners.

The Nigerian House of Representatives has urged a review of tax policies to alleviate financial burdens on citizens, especially low-income earners. Lawmakers called for the suspension of new taxes on essential goods and services, citing rising inflation and unemployment. They recommend exploring alternative revenue sources, including widening the tax base and enhancing enforcement of existing laws. A review of tax laws is mandated within three weeks to eliminate redundancy and double taxation.

October 10, 2024
9 Articles