Initiative for Leadership and Economic Watch in Nigeria has called on the Federal Government to expand the nation’s revenue base by 30 per cent through tax collection to cushion the effects of debt servicing which has risen to 91 per cent.
According to him, the body has concluded plans to bring together economic experts to strategically drum up support for tax compliance awareness among citizens as well as x-ray areas of challenges and pattern practical ways of strengthening revenue generation in Nigeria. “The programme aims to build citizens’ trust and confidence in government over the use of taxpayers’ monies for the nation’s economic development which we believe will stimulate more citizens’ participation in tax payment to government.
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