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Nigerian Senate highlights low tax payment rate, pushes for reforms to boost growth and fairness.
Nigerian Senate President Godswill Akpabio revealed that only 30% of Nigerians pay federal taxes, despite high expectations for better services.
The Senate and House of Representatives are holding public hearings on four tax reform bills aimed at improving tax collection and revenue, which could boost economic growth and address regional disparities.
The bills include the Nigeria Tax Bill, Tax Administration Bill, Revenue Service Bill, and Joint Revenue Board Bill.
Stakeholders are encouraged to participate to shape a fairer tax system.
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El Senado de Nigeria destaca la baja tasa de pago de impuestos, impulsa reformas para impulsar el crecimiento y la equidad.