Abuja
Following the downward slide in the price of
crude oil on the international market, the federal
government on Thursday disclosed that it had
mapped out strategies to increase taxes and
other internally generated revenues (IGR) in the
country.

Deputy Governor of Lagos state, Victoria Adejoke
Orelope-Adefulire, stated this when she briefed
State House correspondents after the National
Economic Council (NEC) meeting held at the
Presidential Villa.

The NEC called for a review of the proposed
amendment to the Act on the harmonisation of
taxes and levies across the federation.

She added that the measure was announced by
the Minister of Finance, Dr. Ngozi Okonjo-Iweala.

Source: This Day Live.
www.nigeriatell.com/news/oil-price-slump-fg-to-increase-taxes-igr