A member of the House of Representatives, Olufemi Fakeye has called on the Federal Government to tax self-employed Nigerians because they allegedly earn lots of money.

Fakeye said this on Wednesday while commenting on the 2022 budget during the plenary session on the floor of the house stating that it would enable the federal government to boost its revenue.

He said, “I’m aware right now and it has been said here that only two quarterly releases have been made now, we are in the last quarter of the year. That makes a joke of all the effort that we put in day in, day out to ensure that the budget is passed on time.

“I pay attention to revenue shortfalls for the government. I recall when I was young, everybody paid taxes. Whether you are a farmer, your daddy was a carpenter, whatever he did for a living, he paid tax.

“Now we have tended to forgive everybody their taxation except those who have an income where the tax is taken out of your income and the rest paid to you.

“I think our tax reform should be such that every Nigerian has a chance to contribute. Go out there and talk to 80 per cent or 90 per cent of the people of Nigeria, a lot of them who are self-employed; they don’t pay tax anymore.”

Small companies with an annual turnover of not more than N25 million are exempt from paying the Company Income Tax under the Finance Act 2020.

However, the member of the All Progressives Congress, representing Boluwaduro/Ifedayo/Ila federal constituency of Osun State believes that taxing small businesses will generate enough income for the government.

“So when we hear the Federal Inland Revenue Service or tax organisations, or even the tax joint boards are widening the tax net, why do they shy away from finding a way to make people pay — whether you are a carpenter, taxi driver, you are selling rice in the market or not. These people make a lot of money but they don’t get to pay anything. So I think that is an area I would like to see revenue-boosting,” he added

https://punchng.com/self-employed-nigerians-make-lots-of-money-should-pay-tax-rep/?utm_medium=Social&utm_source=Facebook&fbclid=IwAR2uaGXH0KC6mw5rnXk3eNCpYH5zdGhH6mYk_KlqrPqAGd4fc8feu8pyM4M#Echobox=1634219876

All the taxes the FG have been collecting, what tangible things can they point out to use the money for?

And this one is a house of reps members representing a constituency.

Chai

Gh

This is 50 years late in coming, doing proper thing in snail speed

Since he is privy to what self-employed Nigerian realizes for their hustle, he can as well resign his position in the National Assembly and join the teeming population to boost the tax net of the government

Very Soon Buhari and his failure gangs will be taxing Nursery and Kindergarten pupils for eating lunch during school hours.

When I government becomes wasteful and does not create. It becomes a Tax hungry monster.

Thunder fire u there pls who elected these clowns

Provide jobs let's pay taxes you said there's no job. I buy car enter uber you wan come tax your papa, you people are over stepping boundaries oh.

Tax Tax Tax with nothing to show for it all....

God punish the Terrorists in power

helinues:
All the taxes the FG have been collecting, what tangible things can they point out to use the money for?

And this one is a house of reps members representing a constituency.

Chai

Nothing was done with it, all the roads we have in Nigeria grew on their own, civil servants, doctors, nurses military and police officers work for free

Pay tax so you can continue collecting your mega salary ko? You will never hear such clowns call for the reduction of their unjustifiable salary

Maxymilliano:


A member of the House of Representatives, Olufemi Fakeye has called on the Federal Government to tax self-employed Nigerians because they allegedly earn lots of money.

Fakeye said this on Wednesday while commenting on the 2022 budget during the plenary session on the floor of the house stating that it would enable the federal government to boost its revenue.

He said, “I’m aware right now and it has been said here that only two quarterly releases have been made now, we are in the last quarter of the year. That makes a joke of all the effort that we put in day in, day out to ensure that the budget is passed on time.

“I pay attention to revenue shortfalls for the government. I recall when I was young, everybody paid taxes. Whether you are a farmer, your daddy was a carpenter, whatever he did for a living, he paid tax.

“Now we have tended to forgive everybody their taxation except those who have an income where the tax is taken out of your income and the rest paid to you.

“I think our tax reform should be such that every Nigerian has a chance to contribute. Go out there and talk to 80 per cent or 90 per cent of the people of Nigeria, a lot of them who are self-employed; they don’t pay tax anymore.”

Small companies with an annual turnover of not more than N25 million are exempt from paying the Company Income Tax under the Finance Act 2020.

However, the member of the All Progressives Congress, representing Boluwaduro/Ifedayo/Ila federal constituency of Osun State believes that taxing small businesses will generate enough income for the government.

“So when we hear the Federal Inland Revenue Service or tax organisations, or even the tax joint boards are widening the tax net, why do they shy away from finding a way to make people pay — whether you are a carpenter, taxi driver, you are selling rice in the market or not. These people make a lot of money but they don’t get to pay anything. So I think that is an area I would like to see revenue-boosting,” he added

https://punchng.com/self-employed-nigerians-make-lots-of-money-should-pay-tax-rep/?utm_medium=Social&utm_source=Facebook&fbclid=IwAR2uaGXH0KC6mw5rnXk3eNCpYH5zdGhH6mYk_KlqrPqAGd4fc8feu8pyM4M#Echobox=1634219876

This moronic jackass should not be allowed to see another day in his useless sorry life on earth. What a dunce.

A prelude of what the iragbiji man will do to all Nigerians..



Tax them all



North2023
No vacancy

When would they advocate for cut in the size and cost of governance even reducing the number of states. Norway a very rich country reduced the number of provinces from 19 to 11.
It is sad that utterances like these from lawmakers and the other ruling doesn’t inspire hope at all.
To boost government revenue why has he not advocated abolishing their fraudulent constituency allowances. Lawmakers have no business financing projects