The Federal Government is ready to prosecute, name and shame tax evaders that fail to utilise the tax amnesty programme, the Voluntary Assets and Income Declaration Scheme (VAIDS), to regularise their tax profiles, the Honourable Minister of Finance, Mrs. Kemi Adeosun, declared on Thursday.

She also disclosed that the Federal Government would strictly adhere to the confidentiality of the Automatic Exchange of Financial Account Information in Tax Matters, in line with the guidelines of the Organisation for Economic Cooperation and Development (OECD).

The Minister made this known at the VAIDS Stakeholders Symposium held at the Umaru Shehu Yar’Adua Centre, Murtala Square, in Kaduna State.

The sensitisation programme was attended by the Executive Governor of the State, Mallam Nasir el-Rufai; Accountant General of the Federation, Alhaji Idris Ahmed; Executive Chairman of the Federal Inland Revenue Service, Mr. Babatunde Fowler; members of the State Executive Council, captains of industries and business owners.

Adeosun stated that the Federal Government had the political will to prosecute tax evaders once the tax amnesty programme was over by March 31, 2018.

She said, “The Federal Government has the political will and data to go after tax evaders who fail to take advantage of the tax amnesty programme. Many Nigerians cannot explain their lifestyles or match their lifestyles, assets and income with their tax payment.

“We will close VAIDS at the expiration of the programme on March 31, 2018. And once the programme is closed, we will name and shame and also prosecute tax evaders.”

On data sharing with foreign countries, the Minister noted that the information sourced would strictly be used for tax purposes.

“The guideline requires that the automatic exchange of financial account information must be specifically designed with residence jurisdictions’ tax compliance in mind rather than be a by-product of domestic reporting for it to be effective,” she said.

She added that the automatic exchange of information had become necessary to combat tax evasion and protect the integrity of tax systems.

The VAIDS, according to her, has been strengthened by the data on financial accounts, property and trusts shared by other countries.

She advised offshore asset owners to utilise the VAIDS window to regularise their taxes before the end of the amnesty programme.

“The offshore tax shelter system is basically over. Those who have hidden money overseas are being exposed and whilst Nigerians can legally keep their money anywhere in the world, they must first pay any taxes due to the Nigerian Government so that we can fund the needs of the masses and create jobs and wealth for our people,” she urged.

The Kaduna State Governor, who disclosed that he declared his assets in 2017, commended the collaboration between the Federal and State Governments on tax.

He pledged to provide land ownership data to tax authorities at the Federal and State level, as part of measures to bring more income earners and asset owners into the tax net.

The Governor assured that the revenue from taxes would be judiciously used in improving the lives of residents of the State through investment in infrastructure, primary health an education.

The FIRS Executive Chairman reinforced the need for Nigerians to join hands with the Federal and State Governments to improve the standard of living through compliance with tax payment.

It's a lie, it won't happen, fg always talk but never act

Name shame tax evaders to force them to pay tax to tax wasters and looters who take our money abroad for medical treatment.

Name looters first, abi no be una carry mouth promise?

when will FG also name and shame tax looters ?

good one from the FG, although he nor concern me sha. once I've completed the W8 form online, I'm good to go...

Can they please start from the topdogs?

Otherwise, this is another joke meant for the masses..

shut up.,...I watched my first session of house of Representatives today.....the guest speaker Barr. hadiza natasha akpoti really exposed all the dirty ajaokuta deals from abacha era to fayemi.....it's my first time of seeing an intelligent,reserachful, eloquent and outspoken woman speak since this year........fayemi and yahaya hello are useless and clueless

Sharrap...

story story, story....once upon a time, time time.......in fact tales by moonlight!

VAIDSNG:
The Federal Government is ready to prosecute, name and shame tax evaders that fail to utilise the tax amnesty programme, the Voluntary Assets and Income Declaration Scheme (VAIDS), to regularise their tax profiles, the Honourable Minister of Finance, Mrs. Kemi Adeosun, declared on Thursday.

She also disclosed that the Federal Government would strictly adhere to the confidentiality of the Automatic Exchange of Financial Account Information in Tax Matters, in line with the guidelines of the Organisation for Economic Cooperation and Development (OECD).

The Minister made this known at the VAIDS Stakeholders Symposium held at the Umaru Shehu Yar’Adua Centre, Murtala Square, in Kaduna State.

The sensitisation programme was attended by the Executive Governor of the State, Mallam Nasir el-Rufai; Accountant General of the Federation, Alhaji Idris Ahmed; Executive Chairman of the Federal Inland Revenue Service, Mr. Babatunde Fowler; members of the State Executive Council, captains of industries and business owners.

Adeosun stated that the Federal Government had the political will to prosecute tax evaders once the tax amnesty programme was over by March 31, 2018.

She said, “The Federal Government has the political will and data to go after tax evaders who fail to take advantage of the tax amnesty programme. Many Nigerians cannot explain their lifestyles or match their lifestyles, assets and income with their tax payment.

“We will close VAIDS at the expiration of the programme on March 31, 2018. And once the programme is closed, we will name and shame and also prosecute tax evaders.”

On data sharing with foreign countries, the Minister noted that the information sourced would strictly be used for tax purposes.

“The guideline requires that the automatic exchange of financial account information must be specifically designed with residence jurisdictions’ tax compliance in mind rather than be a by-product of domestic reporting for it to be effective,” she said.

She added that the automatic exchange of information had become necessary to combat tax evasion and protect the integrity of tax systems.

The VAIDS, according to her, has been strengthened by the data on financial accounts, property and trusts shared by other countries.

She advised offshore asset owners to utilise the VAIDS window to regularise their taxes before the end of the amnesty programme.

“The offshore tax shelter system is basically over. Those who have hidden money overseas are being exposed and whilst Nigerians can legally keep their money anywhere in the world, they must first pay any taxes due to the Nigerian Government so that we can fund the needs of the masses and create jobs and wealth for our people,” she urged.

The Kaduna State Governor, who disclosed that he declared his assets in 2017, commended the collaboration between the Federal and State Governments on tax.

He pledged to provide land ownership data to tax authorities at the Federal and State level, as part of measures to bring more income earners and asset owners into the tax net.

The Governor assured that the revenue from taxes would be judiciously used in improving the lives of residents of the State through investment in infrastructure, primary health an education.

The FIRS Executive Chairman reinforced the need for Nigerians to join hands with the Federal and State Governments to improve the standard of living through compliance with tax payment.

^^^^^
^^^^^
This is a brilliant move since Nigeria
has one of the lowest tax compliance
rates in the world of 6%!

You can't try to evade annual tax payments
in the U.S., UK, or Canada for instance!

Nigeria under this government is performing
well in this area... but they need to do more
by diversifying the oil and gas industry
by building more petrochemical plants
so that gas which is the primary material
for the petrochemicals can further boost
the Nigerian economy... and make life
easy for the citizens especially the low-income
earners! Bayelsa, Delta, Rivers, Akwa Ibom,
Ondo, and Lagos States should have at
least 2 petrochemical plants for instance.


Nice post!

They need our tax, to buy power bike and toys for their gullible children's.. sh!t talk¡

Useless people.

U no shame thieves.

Film house Nigeria.

have they named and shamed the looters they said they were going to name and shame? I am tired of this "we are going to" govt

Ayodejioak:
Another step in the right direction.

Yes, A new Nigeria is possible

Big things start small

When they start naming all the looters who have stashed Nigeria's money abroad, we would take them serious. Yeye people! All the taxes we have been paying, where did it end up? Didn't it end up in the private pockets of the looters?

Any sane govt will extend the VAIDS Scheme, and make it easier for people to compute and pay their taxes. The stuvpid way they blindside hardworking MSME owners with hastily computed, unrealistic, astronomical figures called taxes and other outrageous fees, is disturbing, disgusting and disrespectful.

STORY!!!

Ayodejioak:
Another step in the right direction.

Yes, A new Nigeria is possible

Big things start small

They should 1st release the list of corrupted individual and recovered loots

Konquest:
^^^^^
^^^^^
This is a brilliant move since Nigeria has one of the lowest tax compliance rates in the world of 6%!

You can't try to evade annual tax payments in the U.S., UK, or Canada for instance!

Nigeria under this government is performing well in this area... but they need to do more by diversifying the oil and gas industry by building more petrochemical plants so that gas which is the primary material for the petrochemicals can further boost the Nigerian economy... and make life easy for the citizens especially the low-income earners! Bayelsa, Delta, Rivers, Akwa Ibom, Ondo, and Lagos States should have at least 2 petrochemical plants for instance.

Nice post!

I have a lot of respect for your views, so I will try to make this as brief as possible. First, I disagree with this move of govt, because there is nothing 'nice' or 'brilliant' about it. If they go ahead with this plan, it would turn into a media circus - drama, gossip and hype will have a field day, then the frenzy will die down after a while, and business will proceed as usual. The poor man will be prosecuted, but the fat cats will get away. We see it happening all the time.

The question that govt should be asking is "why don't Nigerians pay taxes?" Another question they should ask is "what is the number of businesses that close down their operations, every year in Nigeria?" They should also find out the number of unemployed people, and those who are retrenched or prematurely retired nationwide, annually. These figures are equally as important as the number of those who earn an income, but do not pay taxes.

For every company that closes down and throws its staff into the unemployment market, there is a loss of actual or potential source of taxes. For every staff that is retrenched or retired, again that leads to another loss of taxes that could have been obtained from such individuals. For every MSME that goes bankrupt or suffers losses or shuts down, again the loss of taxes from such enterprises, would constitute a setback to govt's drive, for tax collection.

Many MSME enterprises provide their own power, water, security and even roads in some cases, which makes their cost of operations really high. On top of that, they suffer the stress of multiple taxation from state, local and federal govt levels. So how are they expected to cope? As if that is not enough, 'tax officials' then show up at their doorstep from local, state and other govt levels demanding for everything from radio & TV license, to signboard levy, as well as environmental and education tax. By the end of the day, they are slammed with a huge figure, which makes no sense, and they then have to start going up and down to protest the arbitrary charges. In a few cases, their business premises get sealed up.

Data on those working and earning a living in the informal sector is not well captured, at any level of govt. The artisan, hawker, foodstuff seller, tailor, mechanic, site worker, hairdresser, shop keeper, caterer, boutique owner etc, is extorted by 'council' officials who charge a fee per day as a form of tax, from people in these sectors. Do such funds end up in the coffers of the govt? No. It goes into private pockets or ends up in the hands of corrupt local govt officials. To the worker in the informal sector, he has paid a form of 'tax.' He would even show you a 'receipt' of some sort, when you ask him. But to the federal and state govt agencies (i.e. FIRS and LIRS) he is just a tax dodger. And that is where the problem lies!

When it comes to diversification, govt knows what to do but lacks the will, vision, direction and determination to do it. Setting up petrochemical plants is not a new topic in this country. There are several papers and workshops that have been held on it. Ever heard of Eleme Petrochemicals? Kindly do some research on this firm. Eleme Petrochemical Limited (IEPL), located in Port Harcourt, used to be a govt-owned subsidiary. It was badly run by govt officials, before it ended up being sold.

You get to hear of high-sounding projects and at the end of the day, the govt says they do not have money to execute it, or that money was paid out and the project got stalled midway. Why? The answer lies in between the committees, that usually get set up to investigate such cases. But no tangible results are recorded, after they have made their recommendations. A few months or years later, you get to hear that this same money that govt claimed it did not have, was actually stolen from its coffers by its own govt staff, or public officials in high places. So who is fooling whom?

i wrote an article earlier warning people of this VAIDS, this govt is out to oppress and harass people.
If you think this will get politicians then you are still sleeping, Politicians have covered their asses...na common man this go affect badly

All Nigerian rich men that don't pay any or enough taxes.
Even politicians with unknown sources of wealth but untraceable corruption, tax them 70% for non asset declaration.

What is the shame in invading tax in naija when you can't even shame the looters

VAIDSNG:
The Federal Government is ready to prosecute, name and shame tax evaders that fail to utilise the tax amnesty programme, the Voluntary Assets and Income Declaration Scheme (VAIDS), to regularise their tax profiles, the Honourable Minister of Finance, Mrs. Kemi Adeosun, declared on Thursday.

She also disclosed that the Federal Government would strictly adhere to the confidentiality of the Automatic Exchange of Financial Account Information in Tax Matters, in line with the guidelines of the Organisation for Economic Cooperation and Development (OECD).

The Minister made this known at the VAIDS Stakeholders Symposium held at the Umaru Shehu Yar’Adua Centre, Murtala Square, in Kaduna State.

The sensitisation programme was attended by the Executive Governor of the State, Mallam Nasir el-Rufai; Accountant General of the Federation, Alhaji Idris Ahmed; Executive Chairman of the Federal Inland Revenue Service, Mr. Babatunde Fowler; members of the State Executive Council, captains of industries and business owners.

Adeosun stated that the Federal Government had the political will to prosecute tax evaders once the tax amnesty programme was over by March 31, 2018.

She said, “The Federal Government has the political will and data to go after tax evaders who fail to take advantage of the tax amnesty programme. Many Nigerians cannot explain their lifestyles or match their lifestyles, assets and income with their tax payment.

“We will close VAIDS at the expiration of the programme on March 31, 2018. And once the programme is closed, we will name and shame and also prosecute tax evaders.”

On data sharing with foreign countries, the Minister noted that the information sourced would strictly be used for tax purposes.

“The guideline requires that the automatic exchange of financial account information must be specifically designed with residence jurisdictions’ tax compliance in mind rather than be a by-product of domestic reporting for it to be effective,” she said.

She added that the automatic exchange of information had become necessary to combat tax evasion and protect the integrity of tax systems.

The VAIDS, according to her, has been strengthened by the data on financial accounts, property and trusts shared by other countries.

She advised offshore asset owners to utilise the VAIDS window to regularise their taxes before the end of the amnesty programme.

“The offshore tax shelter system is basically over. Those who have hidden money overseas are being exposed and whilst Nigerians can legally keep their money anywhere in the world, they must first pay any taxes due to the Nigerian Government so that we can fund the needs of the masses and create jobs and wealth for our people,” she urged.

The Kaduna State Governor, who disclosed that he declared his assets in 2017, commended the collaboration between the Federal and State Governments on tax.

He pledged to provide land ownership data to tax authorities at the Federal and State level, as part of measures to bring more income earners and asset owners into the tax net.

The Governor assured that the revenue from taxes would be judiciously used in improving the lives of residents of the State through investment in infrastructure, primary health an education.

The FIRS Executive Chairman reinforced the need for Nigerians to join hands with the Federal and State Governments to improve the standard of living through compliance with tax payment.

What you meant to say is dat u will name and shame SARAKI, EKWEREMMADU, SHEHU SANI, TINUBU, UCHE SECONDUS, ATIKU........AND ANY ITHER PERCEIVED THREAT TO Buhari's 2019 bid.........nonsense

Ayodejioak:
Another step in the right direction.

Yes, A new Nigeria is possible

Big things start small

Big things will start happening in Naijja if we get rid of little things like that small CABAL in aso Rock

LaudableXX:


I have a lot of respect for your views, so I will try to make this as brief as possible. First, I disagree with this move of govt, because there is nothing 'nice' or 'brilliant' about it. If they go ahead with this plan, it would turn into a media circus, drama, gossip and hype will have a field day, then the frenzy will die down after a while, and business will proceed as usual. The poor man will be prosecuted, but the fat cats will get away. We see it happening all the time.

The question that govt should be asking is "why don't Nigerians pay taxes?" Another question they should ask is "what is the number of businesses that close down their operations, every year in Nigeria?" They should also find out the number of unemployed people, and those who are retrenched or prematurely retired nationwide, annually. These figures are equally as important as the number of those who earn an income, but do not pay taxes.

For every company that closes down and throws its staff into the unemployment market, there is a loss of actual or potential source of taxes. For every staff that is retrenched or retired, again that leads to another loss of taxes that could have been obtained from such individuals. For every MSME that goes bankrupt or suffers losses or shuts down, again the loss of taxes from such enterprises, would constitute a setback to govt's drive, for tax collection.

Many MSME enterprises provide their own power, water, security and even roads in some cases, which makes their cost of operations really high. On top of that, they suffer the stress of multiple taxation from state, local and federal govt levels. So how are they expected to cope? As if that is not enough, the tax officials then show up at their doorstep from local, state and govt level demanding for everything from radio & TV license, to signboard levy, as well as environmental and education tax. By the end of the day, they are slammed with a huge figure, which makes no sense, and they then have to start going up and down to protest the arbitrary charges. In a few cases, their business premises get sealed up.

Data on those working and earning a living in the informal sector is not well captured, at any level of govt. The artisan, hawker, foodstuff seller, tailor, mechanic, site worker etc, is extorted by 'council' officials who charge a fee per day as a form of tax, from people in these sectors. Do such funds end up in the coffers of the govt? No. It goes into private pockets or ends up in the hands of corrupt local govt officials. To the worker in the informal sector, he has paid a form of 'tax.' he would even show you a 'receipt' of some sort, when you ask him. But to the federal and state govt agencies (i.e. FIRS and LIRS) he is just a tax dodger. And that is where the problem lies!

When it comes to diversification, govt knows what to do but lacks the will, direction and determination to do it. Setting up petrochemical plants is not a new topic in this country. There are several papers and workshops that have been held on it. Ever heard of Eleme Petrochemicals? Kindly do some research on this firm. Eleme Petrochemical Limited (IEPL), located in Port Harcourt, used to be a govt-owned subsidiary. It was badly run by govt officials, before it ended up being sold.

You get to hear of high-sounding projects and at the end of the day, the govt says they do not have money to execute it, or that money was paid out and the project got stalled midway. Why? The answer lies in between the committees, that usually get set up to investigate such cases. But no tangible results are recorded, after they have made their recommendations. A few months or years later, you get to hear that this same money that govt claimed it did not have, was actually stolen from its coffers by its own govt staff, or public officials in high places. So who is fooling whom?

^^^^^^
^^^^^^
@LaudableXX

Hope you're doing great?

I read your post twice to properly digest
your thoughts...and they are in order.

Now the VAIDS program is actually like
an amnesty or grace period given to
those wealthy Nigerians and/or foreigners
who have a lot of property abroad and are
NOT paying taxes on them. KEMI ADEOSUN
did emphasise that the Western countries
are sharing...the details of Nigerians with
property abroad but who haven't been
paying tax for years!

So you can see that it is the RICH who have
been making tax underpayments or dodging
tax completely. This is already changing
as a lot of them are coming forward to
take advantage of the VAIDS program
so that they do not get penalized... and
there will be NO extension after 31st of
March, 2018!

Some lower/medium/high income earners are
the ones who have been bearing the tax burden
for the REST of Nigerians... who also
haven't been paying taxes over the years!

I must comment Gov. Akin Ambode of Lagos
for bringing a new financial management
culture into Lagos and the results of the
taxes are showing in leaps!


If the government is able to fix power
and rails for instance, it would boost
the GDP of Nigeria.


Last but not least... China makes a whopping
$3 Trillion yearly from the petrochemical industries!

China has no oil and gas so they have
to import CLPG from countries around
the world that are gas producers.

The same thing too applies to India that
makes more money than Nigeria makes
from exporting only crude oil annually
which amounts to about $20 billion
annually and this shows that the oil
industry is smaller than that of China
and India which makes about $300
billion annually from petrochemicals
and we are NOT yet talking of taxes
collected from citizens of their
countries!

Eleme Petrochemicals Plant in Rivers is very old
and needs a major turnaround maintenance
to work efficiently. So we need new ones
that are owned by the private sector in the
major oil and gas states... just like in
China, India, and the U.S.

I hope this helps...

Konquest:

^^^^^^
^^^^^^
@LaudableXX

Hope you're doing great?

I read your post twice to properly digest your thoughts...and they are in order.

Now the VAIDS program is actually like an amnesty or grace period given to those wealthy Nigerians and/or foreigners who have a lot of property abroad and are NOT paying taxes on them. KEMI ADEOSUN did emphasise that the Western countries are sharing...the details of Nigerians with property abroad but who haven't been paying tax for years!

So you can see that it is the RICH who have been making tax underpayments or dodging tax completely. This is already changing as a lot of them are coming forward to take advantage of the VAIDS program so that they do not get penalized... and there will be NO extension after 31st of March, 2018!

Some lower/medium/high income earners are the ones who have been bearing the tax burden for the REST of Nigerians... who also haven't been paying taxes over the years!

I must comment Gov. Akin Ambode of Lagos for bringing a new financial management culture into Lagos and the results of the taxes are showing in leaps!

If the government is able to fix power and rails for instance, it would boost the GDP of Nigeria.

Last but not least... China makes a whopping $3 Trillion yearly from the petrochemical industries!

China has no oil and gas so they have to import CLPG from countries around the world that are gas producers.

The same thing too applies to India that makes more money than Nigeria makes from exporting only crude oil annually which amounts to about $20 billion annually and this shows that the oil industry is smaller than that of China and India which makes about $300 billion annually from petrochemicals and we are NOT yet talking of taxes collected from citizens of their countries!

Eleme Petrochemicals Plant in Rivers is very old and needs a major turnaround maintenance to work efficiently. So we need new ones that are owned by the private sector in the major oil and gas states... just like in China, India, and the U.S.

I hope this helps...

With all due respect Boss, erm... it appears you didn't quite get the point I was trying to make. I have nothing against the VAIDS Scheme. I am only against the naming and shaming part of it. Why? Experience shows that the fat cats or rich Nigerians, often escape the net of scandal, while only the poor or the average man, ends up getting caught in the whole 'naming, shaming and prosecuting' trap.

Secondly, Ambode is just increasing fees and charges arbitrarily in order to pay for different things in Lagos. I am yet to see the financial discipline or management, he has brought to bear on the state. He hiked toll gate fees, increased land survey charges and arbitrarily jacked up Land Use Charges/Rates! His peculiar brand of 'financial management' looks like extortion to me! I know someone who paid 78,000 last year as Land Use Charge (LUC), but has now been billed 361,000 naira this year, as LUC!

The benefits that accrue from having petrochemical industries, are well known world wide. But my reservations have to do with the fact that successive governments in Nigeria, have shown that they are incapable of managing industrial businesses successfully. All govt should do, is to provide an enabling or conducive environment to investors, entrepreneurs and industrialists, and then offer some guarantees and tax breaks to the organised private sector, so that they can set up such petrochemical plants.

I agree that Eleme petrochemicals is an old plant, but long before it became old, how well was it run by govt officials?

LaudableXX:


With all due respect Boss, erm... it appears you didn't quite get the point I was trying to make. I have nothing against the VAIDS Scheme. I am only against the naming and shaming part of it. Why? Experience shows that the fat cats or the rich Nigerians often escape the net, while only the poor or the average man, is the one who ends up getting caught up in the whole 'naming, shaming and prosecuting' scandal.

Secondly, Ambode is just increasing fees and charges arbitrarily in order to pay for different things in Lagos. I am yet to see the financial discipline or management, he has brought to bear on the state. He hiked toll gate fees, increased land survey charges and arbitrarily jacked up Land Use Charges/Rates! His peculiar brand of 'financial management' looks like extortion to me! I know someone who paid 78,000 last year as Land Use Charge (LUC), but has now been billed 361,000 naira this year, as LUC!

The benefits that accrue from having petrochemical industries, are well known world wide. But my reservations have to do with the fact that successive governments in Nigeria, have shown that they are incapable of managing industrial businesses successfully. All govt should do, is to provide an enabling or conducive environment to investors, entrepreneurs and industrialists, and then offer some guarantees and tax breaks to the organised private sector, so that they can set up such petrochemical plants.

I agree that Eleme petrochemicals is an old plant, but long before it became old, how well was it run by govt officials?

^^^^^^^
^^^^^^^
OK... I get where you're coming from
now about the impending name-and-shame
strategy.

Let's see how it all pans out... but I'm in
support of people getting punished for
evading taxes of all kinds because you
cannot have a few people paying taxes
on behalf of a larger number of Nigerians
who evade paying taxes. Naming and
shaming is an effective tool on a global
scale for deterring people from committing
infractions.

I agree... government has NO business
in business!

Gov. Ambode should make sure he
doesn't strain the citizens too much
financially. The LUC increment in
Lagos is too high from that of 2017.

Yeah... thanks for your fresh perspectives
in your post on this thread.

All the best!

Pay tax to be to be swallowed by mysterious snake

Konquest:

^^^^^
^^^^^
This is a brilliant move since Nigeria
has one of the lowest tax compliance
rates in the world of 6%!

You can't try to evade annual tax payments
in the U.S., UK, or Canada for instance!

Nigeria under this government is performing
well in this area... but they need to do more
by diversifying the oil and gas industry
by building more petrochemical plants
so that gas which is the primary material
for the petrochemicals can further boost
the Nigerian economy... and make life
easy for the citizens especially the low-income
earners! Bayelsa, Delta, Rivers, Akwa Ibom,
Ondo, and Lagos States should have at
least 2 petrochemical plants for instance.


Nice post!

Comparing US, UK to this sh1thole is an insult. There you see what they use your tax to do, meanwhile here it's enriching the rich.

Just tell me one thing this government have been accountable on


Tax in Nigeria is a fraud.


Until they embrace blockchain technology in collecting tax, nothing gonna change.

Tax compliance and development are directly related .
it is painful to pay in Nigeria.tax payment encourages active participation in government.

Meanwhile Nigerians and businesses should object to this tax,charge,levy when it is been considered by state house of assemby,national assembly as a bill or amendment not when the bill has become law you start making noise on social media.

More corrupt and poor countries even in africa for example angola that was controlled by one family still pay higher taxes and are more tax compliant .the good book encourages tax payment.