A tax consultant, McAnthony Dike, said the Federal Government should not initiate more taxes due to the fragile economy.
Instead, Dike, a former President of Chartered Institute of Taxation of Nigeria, said the Federal Government should enhance the formal tax collection systems in the country. “The government agencies responsible for formal tax collection must be very efficient so as to boost government revenue. They should automate their operations so as to stop any form of leakage in the systems,” Dike said.“The people have been paying all sorts of taxes which could be considered as invisible taxes. Invisible taxes are taxes paid for services ought to have been rendered by the government, but which are not,” he said.
Also, the Chief Executive Officer, Ogu Investment, Moses Igbrude, said that introducing more taxes would not be the best considering the present realities. “The citizens have been contending with the tough economy triggered by the COVID-19 pandemic. The COVID-19 pandemic has led to serious tough times, and having to introduce more taxes will worsen the people’s economic woes,” he said.
Then allow him put fuel at 500 naira per liter. So people like Femi Adeshina in their mindless defence will not say it serves us right if Buhari tax us for walking on the street in order to satisfy is gluttony of a government.
Introducing more taxes while nothing is working in the land,what kind of people is this?
You are Islamizing Nigeria.
Thats the only tin they know how to do
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