Oyedele Alleges FG Has Nothing To Show For 60 Taxes, Levies Collected - 9jaflaver





Light Dark

WELCOME TO 9JAFLAVER

NEWS  |  SOCCER LIVE-SCORE   |  MOVIES   |  +18 ADULT LEAKS   |   INSTALL 9JAFLAVER MUSIC APP   |  HOTTEST 100 SONGS  |  SPORTS  |  CELEBRITY GIST  |  MIXTAPE  |  JOKES  |  COMEDY VIDEOS  |  NIGERIAN MUSIC ARTISTES  |  








Oyedele Alleges FG Has Nothing To Show For 60 Taxes, Levies Collected

    Posted by on November 28, 2024,




Oyedele Alleges FG Has Nothing To Show For 60 Taxes, Levies Collected



The federal government has been accused of mismanaging over 60 taxes and levies collected across the country. The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, made these allegations during a Senate plenary session on Wednesday.

Oyedele claimed that despite collecting over 60 taxes and levies, the government has little to show for it. The allegations came amidst a tense Senate session, where lawmakers protested the entry of the Federal Inland Revenue Service (FIRS) Chair, Zacch Adedeji, and his consultants.

The lawmakers suspended its rules to admit Adedeji and the consultants to explain what the Tax Reform Bill entailed.
Oyedele, however, noted that “the fiscal system we have today inhibits growth as more than 60 taxes and levies are collected from across the country but nothing to show for it.”
He added that the FG intends to put an end to the situation in which Nigerian businesses are forced to pay tax even when they are losing money.

“We do not want to tax capital or poverty but investment. We are beginning to lose our tax base to other countries. This is why it is urgent to reform the tax system,” [/b]Oyedele added.
Meanwhile,

[b]the Senate declined to ask
questions and decided to postpone further discussion on the tax reform
bill until the next legislative session before a final resolution is
taken.

Recall that Oyedele had previously noted the complexity of the tax system in Nigeria, noting, “There are approximately 60 official taxes and over 200 unofficial taxes, including taxes on deceased individuals.”

[b]“The
solution isn’t simply to distribute food or cash, [/b]

We must harmonise our tax collection processes. We are committed to improving how we collect taxes.”

Source:- Guardianng








Promote Article, Music, Video, Comedy Skit & Virals
Call: +2348143945195 Or +2349027283345

Whatsapp: +2348143945195



















Comment Below:-

Enter Name Below (Optional)

         
Enter Comment Below:-



ATTENTION!! CAN'T FIND THE SONG YOU ARE LOOKING FOR? INSTALL 9JAFLAVER GO APP NOW TO GET ALL MUSIC, STREAM AND DOWNLOAD LEGALLY, AND LET YOUR FAVOURITE ARTISTS GET PAID ROYALTIES (CLICK HERE)




Promoted Songs
Great Mumbela


Song Artwork

Now Playing: Love Bug

Aretti Adi






DMCA.com Protection Status

© 2014-2024 9jaflaver. All Rights Reserved.


About us | DMCA | Privacy Policy | Contact us

| Advertise| Request For Music | Terms Of Service


9jaflaver is not responsible for the content of external sites.