Home News Nigeria’s Tax System is Problematic And Confusing – Fayemi
News

Nigeria’s Tax System is Problematic And Confusing – Fayemi

Share
Nigeria’s Tax System is Problematic And Confusing - Fayemi | Daily Report Nigeria
Share
Governor Kayode Fayemi of Ekiti State, has admitted that Nigeria’s tax system is confusing and problematic.

Fayemi, who doubles as the chairman of the Nigerian Governors’ Forum (NGF) said the forum is waiting for the decision of the supreme court over value-added tax (VAT) collection.

On Sunday, Fayemi, during a live interview on Arise Television, said governors are awaiting the outcome of the case instituted by some state governors over tax collection.

The governor said: “For us, at NGF, this is an issue we are looking at both legally and policy-wise. We are asking our experts to help us look at the implications for states,”

ATTENTION: Click HERE to join our WhatsApp group and receive News updates directly on your WhatsApp!

“Our take is that the supreme court should accelerate decision on this so that we have clarity over who should be in charge of VAT – whether FIRS or states.

“We will wait for the supreme court to have a decision on this.

Also Read: VAT Bill Will End Agitations in Niger Delta if Passed: Activist

“The important thing is that our tax system is problematic, confusing and contradictory, and we need to do a lot more to begin to clarify things. So that we can have more efficient ways of collecting taxes.”

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
News

Official site Play Fortuna 💰 Casino Welcome Bonus 💰 2000+ slots, roulette and other

Play Fortuna Casino also has a no-deposit bonus offer, which entitles you...

News

The Impact of Casino Promotions on Player Engagement

Casino promotions play a crucial role in attracting and retaining players in...

News

Bet with pin up 💰 Slots with Welcome Bonus Up to 400% 💰 Big games catalog

As such, it’s good to mention that pin up Casino has a...

News

Canlı Casino Oyunlarının Yükselişi

Son dönemlerde, canlı şans oyunları, kumar sektöründe önemli bir mevki edinmiştir. Özellikle...

RocketplayRocketplay casinoCasibom GirişJojobet GirişCasibom Giriş GüncelCasibom Giriş AdresiCandySpinzDafabet AppJeetwinRedbet SverigeViggoslotsCrazyBuzzer casinoCasibomJettbetKmsauto DownloadKmspico ActivatorSweet BonanzaCrazy TimeCrazy Time AppPlinko AppSugar rush