Nigeria’s Tax System is Problematic And Confusing – Fayemi

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,”

“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.

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“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.”