Benjamin Ogbeide News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stakeholders have expressed diverse opinions on the report and recommendations submitted to the President on Tuesday by the presidential committee on tax reform chaired by Taiwo Oyedele. Though they were unanimous in saying that the details of the report are not known to them, they however agreed that the points raised are things that can […]

• Revenue could be raised to over N12tr with plugged loopholes • Nigeria’s IGR, company tax decline in 2020 as VAT revs up • Tax evasion, avoidance may persist as revenue pressure mounts  • ‘With good tax system, govt has no business borrowing’ The inability of the Federal and state governments to judiciously use tax revenue, especially in reducing the challenges faced by masses and the Organised Private Sector (OPS), as well as weak technical and human capacity, may continue to limit potentials of tax revenue in the country. This is coming in the face of declining revenue a...