x

RMAFC Urges Tax Compliance to Boost Revenue Generation

By Daniel edu

Alhaji Muhammed Shehu, Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), has called on Nigerians to prioritize tax compliance as a means to enhance revenue generation in the country.

Shehu made this plea during an interview with the News Agency of Nigeria (NAN) in Abuja.

He also encouraged Ministries, Departments, and Agencies (MDAs) as well as private business owners to promptly remit their taxes to the Federal Government to avoid sanctions.

Shehu emphasized that the revenues generated from tax payments would be utilized to improve services and infrastructure across the nation for the benefit of all citizens.

The chairman reiterated the importance of expanding the country’s tax base, noting that less than 40 million Nigerians currently pay taxes, which is relatively low given the country’s large population.

“The Federal Government and various tiers of the federation are focused on increasing revenue by plugging loopholes,” he stated.

Reflecting on Nigeria’s 63rd Independence Day Anniversary, Shehu acknowledged it as a significant milestone. He urged Nigerians to look back at the progress made and the challenges facing the nation since gaining independence from British colonial rule on October 1, 1960.

Shehu emphasized the need to honor the sacrifices and contributions of those who fought for Nigeria’s independence and celebrate the diverse cultures and traditions that make the country unique. He also stressed the importance of reaffirming commitment to unity, peace, and progress as Nigeria continues its journey forward.

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalistAs...

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...

NCSP DG Tegbe partners NIPC to Boost Chinese Investment in Nigeria

In a significant step toward enhancing foreign direct investment...

America Makes History: First U.S.-Born Pope Elected!

In a landmark moment for the Catholic Church, American-born...

Media Salon Emphasizes One-China Principle in China-Nigeria Ties

A media salon focusing on the One-China principle as...

Kaduna Ramps Up Resident Mobilisation for State Identity Card Registration

The Kaduna State Residents Identity Management Agency (KADRIMA) has...

Stakeholders Push for Urgent Telecom Reforms as Tech Disruptions Accelerate

With emerging technologies like Artificial Intelligence (AI), quantum computing,...

DSS Arrests Five Over Kidnap, Murder of One-Year-Old in Kano

The Department of State Services (DSS) has arrested five...

Wigwe Helicopter Crash: U.S. Operator May Face Criminal Charges

The operators of the helicopter that crashed and claimed...

Outrage Grows Over Alleged Mismanagement of El-Rufai’s $350m World Bank Loan in Kaduna

Tensions are rising in Kaduna State as stakeholders voice...
spot_img

Related Articles

Popular Categories

spot_imgspot_img