x

“National Tax Conference Sets Agenda for Enhanced Government Revenue”

By  Milcah  Tanimu

The October 2023 National Tax Conference in Lagos convened fiscal policy experts and scholars to tackle Nigeria’s low tax revenue challenges. With a low tax-to-GDP ratio of approximately 10.8%, Nigeria faces an overreliance on borrowing to fund public spending. The conference, themed “Nigeria Tax Reform: Challenges & Prospects,” aims to address this issue. The conference, organized by Okwudili Ijezie & Co. (Chartered Accountants), is part of their Corporate Social Responsibility (CSR) activities. It’s seen as a vital effort to help Nigeria generate more revenue internally, especially in light of the Fiscal Policy & Tax Reforms Committee’s goal to achieve an 18% tax-to-GDP ratio in the next three years. The conference touched on the importance of effective tax collection, creating a conducive business environment, and ensuring accountability and transparency to boost tax morale and revenue. The event also featured calls for improved tax administration and enforcement and exploration of new opportunities for generating internal revenue. The next edition of the National Tax Conference is scheduled for December 12, 2023, with a focus on tackling tax evasion in Nigeria.

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalist As...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

FG, States, LGCs Share N2.001 Trillion From A Gross Total Of N3.836 Trillion For The Month Of July 2025

By Oladosu Adebola Oluwaseun The Federation Account Allocation Committee...

Attack on Katsina Mosque, Killings Condemnable, Speaker Abbas Mourns Worshippers

By Oladosu Adebola Oluwaseun The Speaker of the House...

IADI Alleges Plot to Hijack Kafe Green Area Land

Alleges compromise by FCDA Executive Secretary and staff, using...

TCN Takes Anti-Vandalism Campaign to Edo Communities

By Jabiru Hassan The Transmission Company of Nigeria (TCN) has...

Muslim Ummah Urged to Love Prophet Muhammad

By Muhammad Ibrahim, Sokoto Chief Imam of Buhari Dan Shehu...

Sokoto NUJ Council Discusses Pending Issues at Congress

By Muhammad Ibrahim, Sokoto The Sokoto State Council of the...

Sokoto Council Of NUJ Holds Congress As Commissioner Of Police Presents Paper

By Muhammad Ibrahim, Sokoto The Sokoto State Council of the...
spot_img

Related Articles

Popular Categories

spot_imgspot_img