While speaking at the launch of the Voluntary Assets and Income Declaration Scheme in Abuja yesterday June 29th, acting president, Yemi Osinbajo, said statistics from the Federal Inland Revenue Service FIRS, shows that out of the active population of 70 million people in Nigeria, only 14 million of them are taxpayers.
According to Osinbajo, 914 Nigerians pay between N10m and N20m tax yearly and that of the 914 persons, 912 of them are residents of Lagos state while the remaining two reside in Ogun State. The vice president said that this is considerably low considering the fact that Nigeria boast of very wealthy persons with choice properties within and outside the country.
According to him, it is only those who work in very formal offices that mostly pay their tax.
“Those who earn salaries that are known in a formal setting are those we know that pay taxes. Outside of that group of people, there are many high net worth individuals, self-employed persons and some companies that are able to evade full tax payment due to the limited knowledge of the tax authorities to assess their true income. According to the FIRS, the total number of taxpayers in Nigeria is just 14 million; of this number, 96 per cent of them have their taxes deducted at source from their salaries under the Pay-As-You-Earn system, while just four per cent are under direct assessment. So, the vast majority of Nigerians do not pay taxes.
This is at variance with our economy where almost 70 million Nigerians are economically active. The statistic of those paying taxes are quite alarming. Despite having some of Africa’s wealthy people, whose lifestyles are the subject of global admiration, only 214 Nigerian pay taxes of N20m or more each year. A personal tax of N20m implies that the person is earning personal income of N80m a year. That group of 214 excludes many names who can pay well over N20m"he said
Osinbajo announced the grace of the next nine months for tax evaders to go and regularize their payments with the appropriate authorities, failure to do so could earn them criminal prosecution. He added that the Federal government is currently carrying out a secret investigation into the earnings of some highly placed Nigerians and the tax they pay.

And kidnappers

Even seun no de pay tax

Evans' victims probably don't pay tax

That is a big lie, the narration that Nigerians are under taxed is big myth propagated by our corrupt govts to justify their ineptitude ..infact Nigerians are one of the most taxes people in the world who have to bear all forms of Multiple Taxation under different guises

I WILL SOON JOIN THE LIST.








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Why not rather tell us that it's 419 Nigerians that don't pay tax? The citizens don't need to pay any tax at present because nothing on ground to suggest that Nigeria have a government:bad roads,poor/epileptic power supply,gross insecurity,poor public utilities etc.Government ineptitude is discouraging the populace from paying tax.In civilized setting where their government make sure things work don't need to cajole or coerce their citizens to pay tax.

Ipods, over to you.
Your ineffectual buffoon were really working,
Allowing the rich to rob the poor

SaulRazor:
That is a big lie, the narration that Nigerians are under taxed is big myth propagated by our corrupt govts to justify their ineptitude ..infact Nigerians are one of the most taxes people in the world who have to bear all forms of Multiple Taxation under different guises

since 1960 til 2015, govt officials collect taxes for their pockets

Paperwhite:
Why not rather tell us that it's 419 Nigerians that don't pay tax? The citizens don't need to pay any tax at present because nothing on ground to suggest that Nigeria have a government:bad roads,poor/epileptic power supply,gross insecurity,poor public utilities etc.Government ineptitude is discouraging the populace from paying tax.In civilized setting where their government make sure things work don't need to cajole or coerce their citizens to pay tax.

that was before, when we have bad leaders, people shouldn't have pay tax.
But now with the right leadership in place, people should seriously pay tax now

Alot of tax dodgers in Nigeria. This place is a tax haven.

Alot of rich tax dodgers in Nigeria. This place is a tax haven. Tax is only for the poor.