Tax Paying Scare: 362,000 New Tax Registrations Done In Nigeria

Administrator of the administration, Mr Babatunde Fowler

The Federal Inland Revenue Service (FIRS) said in Abuja that it enrolled 362,000 new citizens the nation over inside the most recent couple of months.

Administrator of the administration, Mr Babatunde Fowler, unveiled this while instructing newsmen after a budget defence session with the Senate Committee on Banking and other Financial Institutions.

He said that the administration was focusing to meet 90 percent consistence with tax paying.

Administrator of the administration, Mr Babatunde Fowler, unveiled this while instructing newsmen after a budget defence session with the Senate Committee on Banking and other Financial Institutions.

He said that the administration was focusing to meet 90 percent consistence with tax paying.

“The honest truth is that when it comes to payment of Value Added Tax (VAT), less than 10 per cent in terms of numbers actually are remitting on VAT. If those people who are benefiting from Nigeria and actually have the love for Nigeria can do the right thing by paying their taxes they will be empowering government to provide services.

“We intend to make sure that we get at least 90 per cent compliance. Over the last few months, we have added over 362, 000 new tax payers and then our job is just to make sure that we enforce payment,” he said. Fowler added that the service planned to recruit 1,250 new staff once its budget was approved.